STB: Chairman Oberman Outlines Pending Railroad Mergers

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 […]

CSX: “Significant” Delays Filing Until 25.April

CSX: “Significant” Delays Filing Until 25.April

24.March, Washington, DC – With the STB set to release the official Decision on Thursday, 25.March, a review of prior rail transactions that were upgraded from a Minor to a Significant Transaction by the Board have set a precedent that, if followed, would send the Applicants back to the drawing board to file the Acquisition […]

CP: CEO Creel Contract ExtendedThrough 2026

CP: CEO Creel Contract ExtendedThrough 2026

21.March, Calgary AB – Canadian Pacific Railway’s Board of Directors have agreed to extend President and Chief Executive Officer Keith Creel’s contract to lead the Company until at least early 2026. “Today’s announcement speaks to Keith’s leadership and bodes well for the continued long-term success of CP, to the benefit of its employees, customers, communities and shareholders,” said Chair of the Board, Isabelle […]

CP/KCS: Mega-merger Will Serve Three North American Coasts

CP/KCS: Mega-merger Will Serve Three North American Coasts

21.March, Calgary AB and Kansas City MO – Canadian Pacific Railway and Kansas City Southern entered into a merger agreement, wherein CP agrees to acquire KCS for stock and cash valued at approximately USD$29 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both […]

Transport Canada Revises Rules for Key Train Handling

FEDERAL AGENCY CODIFIES AD HOC MINISTERIAL ORDERS IN RESPONSE TO LAC MEGANTIC DISASTER AND ANTICIPATED CRUDE-BY-RAIL SURGE

Transport Canada Revises Rules for Key Train Handling

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 […]

CP: Hapag-Lloyd Container Ship Kicks off Saint John Service

CP, Hapag-Lloyd and DP World Look to Make Port of Saint John the Prince Rupert of the East

CP: Hapag-Lloyd Container Ship Kicks off Saint John Service

22.February, Saint John NB – The 4,115 TEU Hapag-Lloyd GLASGOW EXPRESS, due in to Saint John on 25.February, will inaugurate a new container service partnership between H-L, Canadian Pacific Railways (CP), and DP World Saint John (DPW-SJ). GLASGOW EXPRESS has been on a cycle visiting regular ports (Italy, Spain, and Morocco), and the Saint John […]

NBSR: Adds Trains for Non-wood Traffic Growth

BUSTLING NON-WOOD TRAFFIC FORCES IRVING LINES TO ADD A BVJ-SJ TRAIN PAIR

NBSR: Adds Trains for Non-wood Traffic Growth

14.February, Saint John NB – New Brunswick Southern Railway and affiliates EMR and MNR will implement additional service between Brownville Jct. ME (BVJ) and Saint John NB (SJ), to keep wood-product traffic fluid in response to growth in other cargoes. Beginning on 15.February, an additional train pair will serve the route for three days each week, […]

MAERSK: Montreal Dry Rail Cargo Switch

MAERSK: Montreal Dry Rail Cargo Switch

15.February, Montreal QC – Maersk has officially announced their switch from CN to CP for dry rail cargo in and out of Montreal, effective 01.March.2021. Maersk said that with higher volumes continuing to move throughout the network, the container company will be diversifying rail service providers in and out of Montreal. Beginning on 01.March, dry […]

CP: TCRC Tentatively Agrees to Three-year Deal

CP: TCRC Tentatively Agrees to Three-year Deal

01.February, Calgary AB – Canadian Pacific Railway and the Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) have announced a tentative three-year agreement that will keep train movements fluid on the CP. The TCRC-RCTC represents approximately 300 rail traffic controllers in Canada and dispatches several lines across the border, including the former CMQ Canada line […]

Analysis: Rail Opportunities Still Abound in Maine Forests

LONG UNDERSERVED, MANY RAIL OPPORTUNITIES EXIST IN MAINE'S FOREST PRODUCTS INDUSTRY

Analysis: Rail Opportunities Still Abound in Maine Forests

Maine forest product mills produce +/-90,000 truckloads of forest products each year, about 2/3 of which is paper and pulp, and the remainder processed wood (lumber, chips). Nearly all of that output is shipped out of the state. Truck is by far the dominant transportation mod for both finished export and internal movement of feedstocks and […]