March 29, 2018 | CN, CP, Headlines
(Source: Canadian Press, March 29, 2018) MONTREAL — Canada’s two largest railways are hoping the spring thaw will help them recover from a winter of delays and complaints brought about by the combination of brutally cold conditions and unexpectedly high demand...
March 29, 2018 | CN, CP, Headlines
(Source: CBC News, March 28, 2018) OTTAWA — Hundreds of thousands of dollars’ worth of grain, lumber and other products are sitting idle in northern B.C. due to a months-long backlog on CN rail lines, causing industry groups to warn Canada is losing its...
March 27, 2018 | CN, CP, Headlines
(Source: Canadian Press, March 27, 2018) OTTAWA — Federal Agriculture Minister Lawrence MacAulay says he has no immediate solution for getting Canadian grain moving again as farmers begin planning for spring seeding. Full story: Calgary Herald
March 27, 2018 | CP, Headlines, Oil Train
(Source: Reuters, March 27, 2018) NEW YORK — Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern neighbor. However, their need for long-term...
March 22, 2018 | CP, Headlines
(Source: CBC News, March 20, 2018) SASKATOON, Sask. — Two years ago, an empty rail car detached from a string of cars in Saskatoon’s Sutherland neighborhood and rolled for a kilometer and a half through two public crossings in the east-side suburb. The...
March 21, 2018 | CN, CP, Headlines
(Source: www.ipolitics.ca, March 19, 2018) OTTAWA — Cash-strapped Prairie farmers want the Liberal government to amend its planned overhaul of Canada’s transportation system to ensure another grain shipping season isn’t lost, warning current transportation delays...
March 20, 2018 | CN, CP, Headlines
(Source: Financial Post, March 19, 2018) OTTAWA — Angry farm groups, apologetic railway executives and shippers looking for leverage are the voices of this year’s grain backlog. The crisis began in mid-February, when an extreme cold settled over the Canadian West....
March 20, 2018 | CN, CP, Headlines
(Source: Calgary Herald, March 19, 2018) CALGARY — Executives from Canada’s two major railways spent Monday afternoon in Ottawa detailing the measures they are taking to alleviate a grain backlog in the prairies that has left farmers frustrated and angry. Full story:...
March 19, 2018 | CEO Pay, CP, Headlines
(Source: Globe and Mail, March 16, 2018) TORONTO — Keith Creel made $20.1-million in his first year as chief executive officer of Canadian Pacific Railway Ltd. in a compensation scheme that was revamped under pressure from shareholders. Mr. Creel’s compensation...
March 16, 2018 | CN, CP, Headlines
(Source: Globe and Mail, March 15, 2018) TORONTO — A coalition of U.S. grain companies has complained to the U.S. railway regulator about deteriorating service and new and higher charges at major North American railways. Full story: Globe and...