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CALGARY — Canadian Pacific and Canadian Tire Corp Ltd. have signed a multi-year agreement for the railroad to continue moving the retailer’s goods in Canada. As part of the agreement, and to support Canadian Tires’ desire for efficient transportation and to reduce carbon emissions, CP will begin serving Ashcroft Terminal in Ashcroft, British Columbia. This […]
The rail industry has long touted its energy efficiency compared to other modes of transport, as well as the parallel environmental benefits. But with railroads and their customers both placing more focus on combating climate change, an increasing number of projects are under way to develop alternatives to diesel-electric locomotives. Making the most progress to […]
CALGARY — Canadian Pacific and potash export firm Canpotex have announced a new seven-year contract between the two firms, a successor to a current 10-year agreement that expires in 2022. The new agreement runs through 2028. “We are pleased to have entered into this agreement and incredibly proud to continue our successful relationship with Canpotex,” […]
Few years pass without railroads facing disruptions from natural disasters. This year was no different, with events including flooding that caused a Union Pacific derailment in Utah in July, Hurricane Ida hitting rail operations from New Orleans to New England in August; and devastating tornadoes in December, including one that derailed a CSX train. But […]
Canadian Pacific 2-10-4 5919 simmers at Field, B.C., before heading east into Kicking Horse Pass with a train. CP’s 2-10-4s were the biggest locomotives in Canada. Albert M. Rich coll. […]
CALGARY — Fundraising efforts for the CP Women’s Open golf tournament have raised more than C$3.3 million for two hospitals in British Columbia over the last two years, Canadian Pacific has announced. More than $2.8 million has supported equipment purchases and research at BC Children’s Hospital in Vancouver, while another $557,000 has gone to Kamloops […]
Precision Scheduled Railroading has become a target for members of Congress, federal regulators, shippers, and rail labor. Hunter Harrison’s low-cost operating model — in place on all of the Class I railroads except BNSF Railway — has come under criticism as rail traffic has rebounded from pandemic lows. Intermodal terminals faced monumental congestion this summer. […]
DAVENPORT, Iowa — Officials in the cities of Davenport and Bettendorf, Iowa, have told the Surface Transportation Board that increased traffic from the proposed Canadian Pacific-Kansas City Southern merger will have “very real and detrimental impacts,” with Davenport’s mayor and aldermen asking that an STB member visit before the board acts to see how the […]
WASHINGTON — The Surface Transportation Board’s Office of Environmental Analysis has extended the public comment period for environmental impact statement of the Canadian Pacific to Jan. 3, 2022. Comments were originally due today (Dec. 17, 2021). The extension reflects requests for additional time to comment, the Office of Environmental Impact said in the notice issued […]
Do railroad mergers live up to the hype? It’s a question that’s been rattling around in my head as federal regulators review the Canadian Pacific-Kansas City Southern merger, the first between Class I railroads in two decades. First, the projections. Within three years of the merger, Canadian Pacific Kansas City expects to gain 80,000 carloads […]
ROSELLE, Ill. — Eight Chicago suburbs are forming a coalition to voice concerns over the potential increase in rail traffic through their communities if the Canadian Pacific-Kansas City Southern merger is approved. The suburban Daily Herald reports Roselle, Elgin, Barlett, Hanover Park, Schaumburg, Itasca, Wood Dale and Bensenville are asking residents to submit comments to […]
KANSAS CITY, Mo. — Kansas City Southern’s sale to Canadian Pacific has officially been completed, allowing the KCS shares to be placed into a voting trust while the deal is reviewed by federal regulators. The $31 billion deal sees KCS stockholders receive 2.884 shares of CP common stock and $90 in case for each share […]
