25.March, Dover-Foxcroft ME – The recent Major Transaction filed with the STB for Canadian Pacific Railway to acquire Kansas City Southern is sure to have far-reaching effects on shippers across the CP System, however one of the first to speak up is what could be construed as an unlikely supporter. Pleasant River Lumber Co. has […]
FEDERAL AGENCY CODIFIES AD HOC MINISTERIAL ORDERS IN RESPONSE TO LAC MEGANTIC DISASTER AND ANTICIPATED CRUDE-BY-RAIL SURGE
23.February, Ottawa ON – Transport Canada approved changes to the Rules Respecting Key Trains and Key Routes, as a measure to ensure the reliable transportation of dangerous goods by rail in colder weather, and the protection of both railway workers and those living near Canada’s rail corridors. These changes make permanent Ministerial Orders that were […]
VIA Rail Canada has announced that it has launched on 30 November, the second phase of its procurement process to modernize its maintenance centers in and Toronto in preparation for the arrival of its new Québec City-Windsor corridor fleet. Following the Request for qualifications, launched in January 2020, five companies have been selected to participate […]
"Sympathy" Protesters Shut Down East-West Mainline Rail Traffic in Support of Native Faction's Fight Against British Columbia Gas Pipeline Construction.
“Sympathy” Protesters Shut Down East-West Mainline Rail Traffic in Support of Native Faction’s Fight Against British Columbia Gas Pipeline Construction.
Verso to invest millions into Androscoggin Mill in Jay ME.
02 August, Toronto ON – Verso Corp. said it will invest a total of $120 million in three of its pulp and paper mills, including its Androscoggin Mill in Jay. The company told investors on an earnings call Thursday morning that it will make the investments over the next two years using cash from operations. It […]
Brookfield Infrastructure Partners (BIP) CEO Discusses G&W Acquisition During Q2 Earnings Call. Australian Operation to be Sold Off; North American Network to Grow.
02 August, Toronto ON – BIP’s Q2 Earnings Call with analysts revealed some interesting details on the progress and prospects of the G&W acquisition, which BIP is leading with other investment institutions. CEO Sam Pollock headlined the call. Down Under Sell-off The biggest news is the sale of G&W’s extensive Australian assets to its current minority […]