CP, CN continue string of records for grain movement

CP logo

Canadian Pacific and Canadian National have welcomed the new year by announcing the latest in an ongoing string of records for Canadian grain movement. Canadian Pacific closed out 2020 by setting records in a calendar year, quarter, and the month of December. The railroad moved 31.32 million metric tons of grain in 2020, with 8.84 […]

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Report: CN to sell Algoma Central Railway

Canadian National logo

Canadian National is in the process of selling Ontario’s Algoma Central Railway, according to a published report. The Manitoulin Expositor reports the railroad has confirmed the company has initiated the sale process. “Interested parties have been contacted and the process is ongoing,” a company representative told the newspaper. “Since it’s a commercial process, we will […]

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CSX, Canadian National extend deadline for Massena Line sale

CSXCNfiling

WASHINGTON — With the Canadian National’s acquisition of CSX Transportation’s line linking Syracuse, N.Y., with Montreal stuck in regulatory limbo, the railroads have extended a self-imposed deadline for the deal to close. The railroads on Monday told the U.S. Surface Transportation Board that they were extending a Nov. 30 “drop dead date” to Feb. 28, […]

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Class I railroad executives tout growth prospects, customer focus

A Norfolk Southern train heads west through Otis, Ind

Top executives from Canadian National, Canadian Pacific, CSX Transportation, and Norfolk Southern last week touted the industry’s growth prospects and the ways they are working to make railroads better able to compete against trucks. Their remarks, made at the RailTrends 2020 conference, came a day after consulting firm Oliver Wyman released a survey that showed […]

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Digest: Utah considers cog railway to serve ski resorts

A Utah DOT map shows (in purple) the proposed route of a cog railway

Still more Monday morning rail news: Utah to consider cog railway to serve recreational area A cog railway has been added to the list of options under consideration by the Utah Department of Transportation to address traffic congestion in Little Cottonwood Canyon, a popular recreation area which includes the Snowbird and Alta ski areas. The […]

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Digest: CN, CSX, CP named to Dow Jones Sustainability Index

Dow Jones Sustainability Index logo

Thursday morning news on railroad awards and other recognition: CN, CSX, CP named to Dow Jones Sustainability Index Canadian National, CSX Transportation, and Canadian Pacific have been named to the Dow Jones Sustainability Index, which measures companies on environmental, social, governance, and economic critiera. CN says in a news release that it is its 12th […]

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