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Canadian Pacific and BNSF get poor marks for service

(Source: Minneapolis Star-Tribune, November 21, 2014) MINNEAPOLIS, Minn. — Two railroads that serve grain farmers and shippers in Minnesota and the Dakotas have received the lowest rankings in a national report card of railroad performance. Full story: Minneapolis...

CP Rail CFO says oil trains must fill pipeline gap

(Source: Financial Post, November 12, 2014) OTTAWA — There is no chance that key pipelines to the East and West Coast will be completed in the near future, leaving railways to fill the gap for Canadian crude shippers, says the chief financial officer of Canadian...

Canadian railways failed to report accidents

(Source: Canadian Press, October 27, 2014) OTTAWA — The federal agency found a total of 254 incidents involving Canadian National, Canadian Pacific and Montreal, Maine & Atlantic went unreported — or were reported late — over a seven-year period, the...

CP Rail-CSX merger: It was all about oil

(Source: Wall Street Daily, October 22, 2014) NEW YORK — Even though these two companies couldn’t work out a deal, the proposed merger brought to light an interesting outcome of the booming domestic energy industry. Unlike the many recent deals based on inversions and...