CP
Canada’s 2 largest railways moved record amounts of grain in April
Canada’s two largest railways say they moved a record amount of grain out of Western Canada in April. Continue reading
Crude by rail a ‘temporary’ solution to pipeline shortage: CN Rail CEO
The head of Canada’s largest railway says ferrying crude remains a lucrative, albeit temporary solution to Canada’s pipeline quandary. Continue reading
No injuries or environmental damage as CP Rail train derails in Golden, B.C.
It’s the third CP Rail derailment in the area in less than a month. Continue reading
20 train cars derail between Banff, Alberta and Field, B.C.: TSB
The Transportation Safety Board of Canada is investigating following a train derailment between Banff, Alta., and Field, B.C., on Thursday. Continue reading
Rail line through Field, B.C. reopens after train derailment kills 3 workers
The train was travelling west to Vancouver when it derailed near the Alberta-B.C. border at around 1 a.m. Mountain time Monday. Continue reading
CP Rail’s 4th-quarter revenues surge amid high demand for oil, grain
Canadian Pacific Railway Ltd. says freight sales drove a 17 per cent leap in revenues to $1.96 billion in the fourth quarter, fuelled by oil, grain and other commodities. Continue reading
No one injured after freight train derails west of Ajax
The company says there were no injuries and there are no public safety concerns as a result of the incident. Continue reading
Analysts say Canada’s 2 major railways well-poised for trade headwinds in 2019
Canada’s two major railways are well-positioned to weather potential economic headwinds and the U.S.-China trade war, analysts say, as ongoing investments in new cars and track bolster crude-by-rail and commodities shipments. Continue reading
Rail line reopens following 15-car train derailment in Yoho National Park
CP Rail said the derailment involved a “mixed manifest” train carrying a “variety of commodities.” Continue reading
CN Rail and CP Rail exceed grain revenue cap despite drop in grain shipping
The country’s two major railways exceeded their grain cap in 2017-18, despite shipping less of the stuff than last year, according to the Canadian Transportation Agency. Continue reading