11.May – LAC-MÉGANTIC, QC – Today, Canada’s Minister of Transport, the Honorable Omar Alghabra, and the Parliamentary Secretary to the Minister of Transport, Soraya Martinez Ferrara, announced that the Government of Canada intends to complete the rail bypass project around downtown Lac–Mégantic in 2023. A press release indicates that a number of milestones have been […]
2.May – Saint John NB – The agreement announced by Canadian Pacific and Hapag Lloyd in late 2020 is now firmly in place via a notice to customers made Wednesday, 28.April, about the startup of a weekly container service on rotation from the Mediterranean to Saint John, New Brunswick. Inbound cargo will utilize the geographic […]
30.April, Dover-Foxcroft ME – A strong lumber market is leading Pleasant River Lumber Co. to invest $25 million over the next three years in four Maine facilities. When completed, the projects will enhance PRL’s production capacity to ~400 million board feet through its five Maine mills. Rail has traditionally been a vital transportation component for […]
28.April, NEARS Spring 2021 Virtual Conference – In a Fireside Chat hosted by Cowen & Company’s Jason Seidl, Keith Creel discussed CP’s purpose and strategy regarding its bid for KCS, and addressed New England-oriented audience questions posed by Atlantic Northeast Rails & Ports. Key takeaways: CP is not going to get in to a bidding […]
23.April – WASHINGTON DC – The Surface Transportation Board on Friday afternoon released its decision on the request by Canadian Pacific and Kansas City Southern to review their proposed merger under the pre-2001 merger rules. CPKC had stated that the Transaction is subject to the regulations set forth at 49 C.F.R. part 1180 (2000) pursuant […]
23.April – MONTREAL QC – The Port of Montreal Longshoremen have given a 72-hour notice for an indefinite strike beginning on Monday, 26.April to the Maritime Employers Association (MEA). The Canadian Union of Public Employees Local (CUPE) 375, which represents over 1,100 longshoremen at Montreal’s port, said the full strike came as a response to […]
20.April – MONTREAL QC – In what looks seemingly like the ongoing sibling battle for the same boy or girlfriend, CN today announced that it has made a superior proposal to combine with Kansas City Southern in a cash-and-stock transaction valued at $33.7 billion, or $325 per share. A release from CN states: “Together, CN […]
New comprehensive maps of PAS Following a suggestion from an ANRP subscriber, we will provide access to these comprehensive maps in each article concerning the Pan Am Southern trackage. Maps and captions are derived from STB filings. Additional reference PAR East End (‘Keag-Ayer) comprehensive map CSX-PAR Transaction comprehensive STB proceedings Get your glasses, or click […]
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 […]
25.March, Washington DC – Surface Transportation Board Chairman Martin J. Oberman released a statement on the two major pending merger cases before the Board, CP’s acquisition of the KCS and the CSX’s Acquisition of Pan Am Railways. The Board received a Notice of Intent, proposing to place Canadian Pacific Railway Company and the Kansas City […]