CALGARY, Alberta — Canadian Pacific’s first quarter earnings were negatively affected by harsh winter weather and derailments that curtailed volume and increased the railway’s expenses. CEO Keith Creel began the railway’s earnings call on Tuesday by remembering the three railroaders killed in the Feb. 4 derailment of a runaway grain train between the Spiral Tunnels […]
SEATTLE — A Canadian transportation regulator says Canadian National violated its obligation to serve customers by imposing limitations on shipments of wood pulp last year because of congestion on the rail network as western railroads worked to move grain harvests to ports. In a statement issued Tuesday, April 16, the Canadian Transportation Agency cleared Canadian […]
HOMEWOOD, Ill. — Canadian National continues to announce its capital spending plans in the United States, after previously announcing plans in Canada. The railroad has now announced plans in five states. It says it will spend $190 million in Illinois, $120 million in Wisconsin, $100 million in Tennessee, more than $95 million in Louisiana, and […]
SEATTLE — Linking Alaska to the 48 contiguous U.S. is an idea that is resurfacing again with heavier Canadian support. Canadian businessman Sean McCoshen told a recent meeting of the Alaska State Senate Transportation Committee that the company he co-founded and runs, Alberta-Alaska Railway Development Corp., has been working with consultants, the Alaska Railroad, Canadian […]
OTTAWA — Days after Canada’s two Class 1 railroads announced they would appeal a government order requiring the use of handbrakes on trains stopped on mountains grades, one of the county’s largest unions says it’s standing by the Crown. Last month, Transport Canada announced a new rule requiring the application of handbrakes on trains in mountainous […]
CALGARY, Alberta — Canadian Pacific and Canadian National will appeal an order by the Canadian government requiring the use of handbrakes when trains stop on mountain grades, an order issued in the wake of a fatal CP accident in February. In a press release issued Friday, CP President and CEO Keith Creel said the railroad […]
CALGARY, Alberta – Canadian Pacific Railway and Hapag-Lloyd have extended of their long-term agreement to the benefit of the international supply chain, the movement of cargo through the ports of Montreal and Vancouver, and the overall North American economy. “We are incredibly proud to continue to work with Hapag-Lloyd,” said Keith Creel, CP President and […]
Keith Creel, Canadian Pacific CEO Canadian Pacific CALGARY, Alberta — The Alberta government’s plan to open the province’s oil spigot by acquiring its own fleet of locomotives and tank cars raises more questions than it answers, Canadian Pacific CEO Keith Creel says. “I know that they have the best of intentions, but the reality, some […]
VANCOUVER, B.C. — The Canadian Transportation Agency announced on Monday that it will investigate rail freight performance in the area of Vancouver, British Columbia — the first time it is using its new authority to launch such investigations. Canadian National and Canadian Pacific responded with statements defending their performance in the Vancouver area, with CP […]
WAUKESHA, Wis. — Canada’s two Class I railroads are dealing with derailments in tight places on Thursday. Canadian National was first at about 9 a.m. Central time Thursday when locals reported hearing a derailment in Manitoba. Railroad crews soon reported to an “incident” that involved two trains east of Portage la Prairie, Man. A CN […]
OTTAWA — Canada’s Minister of Transport has ordered the nation’s railroads to update their work rules to address crew-fatigue issues. In a Dec. 21 news release, transport minister Marc Gastineau said companies must submit updated rules for review by May 19, 2019, with the government to approve the updated rules by the end of June. […]
Keith Creel, Canadian Pacific CEO Canadian Pacific PALM BEACH, Fla. — Canadian Pacific will renew its locomotive fleet by continuing to rebuild stored high-horsepower AC-traction units in 2019 and 2020 before considering the purchase of new power, CEO Keith Creel says. “We’re not in the market at all for new locomotives,” Creel told an investor […]
