Posted 23 hours ago by Railpage System User
Between July and September, VIA Rail saw an increase of 6.9 per cent in ridership while passenger revenues grew by 1.1 per cent as compared to the same quarter of 2018. This represents the 15th straight quarter of increased ridership and the 22nd consecutive quarter of revenue growth.
Posted 23 hours ago by Railpage System User
The CN agreement, terms of which are confidential, “will enable Teck to significantly increase shipment volumes through an expanded Neptune Terminals,” CN said.
Posted yesterday by Railpage System User
Canadian Pacific and the Teamsters Canada Rail Conference are reporting that a Canadian Pacific locomotive engineer died in an accident at the company’s Port Coquitlam yard in British Columbia.
Posted yesterday by Railpage System User
State-owned train operator Comboios de Portugal has finally signed its first contract to run passenger services on the national rail network.
Posted yesterday by Railpage System User
Canadian Pacific moved more Canadian grain and grain products in November 2019 than any month in its history.
Posted 2 days ago by Railpage System User
Canadian Pacific (NYSE: CP) hauled an all-time company record of Canadian grain and grain products in November, the company said on Dec. 2.
Posted 2 days ago by Railpage System User
Canadian National (NYSE: CNI) lowered its earnings guidance based on the impact of the recent eight-day rail strike.
Posted 2 days ago by Railpage System User
CN estimated the strike’s financial impact at around $0.15 of EPS, and is now targeting to deliver 2019 adjusted diluted EPS growth in the low- to mid-single-digit range vs. 2018’s adjusted diluted EPS of C$5.50—compared to its Oct. 22, 2019 financial outlook, which called for adjusted diluted EPS growth in the high single-digit range.
Posted 2 days ago by Railpage System User
Contributing to the record were more CP grain carloads unloaded at the Port of Thunder Bay during the week of Nov. 18-24 than in any prior week—a record 2,216 cars, surpassing the previous weekly record of 2,144 in Fall 2017.
Posted 3 days ago by Railpage System User
Updated to include comment from Canadian National
Posted 4 days ago by Railpage System User
Maple Leaf Motoring is a weekly rundown of developments in the world of Canadian transportation.
Posted 5 days ago by bevans
Northeast Minneapolis residents had big dreams for the prime land on the southeast corner of the Shoreham Yards railroad terminal — new businesses, maybe a brewery or even a velodrome for indoor cycling.
Posted 5 days ago by Railpage System User
Canadian National announced on November 25 that it had met the federal requirement to roll out Positive Train Control on 35 of its US subdivisions, 13 months ahead of the December 2020 deadline.
Posted 5 days ago by Railpage System User
Canadian Pacific (CP) has announced the establishment of a new multi-commodity transload terminal that will offer transportation and distribution services from CP’s existing Côte Saint-Luc yard in Montreal.
Posted one week ago by Railpage System User
FreightWaves is reporting that members of the Teamsters Canada Rail Conference at Canadian National went back to work today, with normal operations beginning at 6 a.m. local time.
Posted one week ago by Railpage System User
Operations at Canadian National (NYSE: CNI) are returning to normal days after the railway and the Teamsters Canada Rail Conference (TCRC) announced a tentative end to an eight-day strike.
Posted one week ago by Railpage System User
The Financial Post is reporting that a tentative agreement has been reached in the Teamsters Canada Rail Conference strike on Canadian National.
Posted one week ago by Railpage System User
Canadian National (NYSE: CNI) and the Teamsters reached a tentative agreement to end the rail strike by about 3,200 rail workers.
Posted one week ago by Railpage System User
Canadian National Railway (CN) announced that all 35 of its U.S subdivisions successfully met the federal requirement to operate Positive Train Control (PTC).
Posted one week ago by Railpage System User
The agreement allowed for CN employees to return to work at 2 p.m. local times on Tuesday, Nov. 26, and yard assignments will start at 6 a.m. local times Wednesday, Nov. 27.
Posted one week ago by Railpage System User
A Canadian federal minister signaled that the federal government would consider forcing an end to the nearly week-old strike by Canadian National (NYSE: CNI) workers that has taken an increasingly grave toll on the country’s supply chain.
Posted one week ago by Railpage System User
PTC, a safety overlay designed to prevent certain accidents resulting from human error such as overspeed derailments, is the largest technology program deployed in CN history.
Posted one week ago by Railpage System User
Canadian Pacific (NYSE: CP) will be acquiring short line Central Maine & Quebec Railway (CMQ) in a deal that CP hopes will boost its footprint in the Eastern U.S. and establish a coast-to-coast network in Canada, the railway said on Nov. 20.
Posted one week ago by Railpage System User
The Canadian government renewed pressure on Canadian National (NYSE: CNI) and its striking rail workers to reach an agreement, saying a deal offered the fastest way to end an increasingly costly disruption to the country’s supply chain – and economy.
Posted one week ago by Railpage System User
Canadian Pacific (NYSE: CP) plans to construct a new multi-commodity transload terminal near Montreal as part of its wider plans to reach eastern markets that are not very rail accessible.
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