Canadian Pacific Thursday noted a one-time gain from the sale of a share of the Detroit River Tunnel Partnership boosted it second-quarter net income. Net profit rose to C$157.3 million ($145 million),
The Canadian Transportation Agency (CTA) has set its determination of the Volume-Related Composite Price Index (VRCPI) for CN at 1.9281 and Canadian Pacific Kansas City (CPKC) at 1.8760 for the 2024–2025 crop year beginning
Americold Realty Trust, Inc. (Americold) on April 30 officially broke ground on a new $127 million cold storage facility at Canadian Pacific Kansas City’s (CPKC) IFG Terminal in Kansas City, Mo.
Norfolk Southern (NS) is selling property in Jacksonville, Fla., for the development of a $60 million rail-served food storage and distribution facility. Also, temperature-controlled warehouser and distributor NewCold is investing C$222 million in a new Southern Alberta food storage facility, to be served by Canadian Pacific Kansas City (CPKC).
The U.S. Department of Agriculture (USDA) and the National Grain and Feed Association (NGFA) are recommending several conditions that the Surface Transportation Board (STB) consider if it approves CN’s application to acquire control
In a category 5 hurricane force stunning announcement, Surface Transportation Board (STB) Chairperson Martin J. Oberman announced late on Nov 16 that he will not seek renomination to a second term (his
Canadian Pacific Kansas City launched its Final Spike Anniversary Steam Tour on April 24 in Calgary, and welcomed aboard Alberta Premier Danielle Smith for part of the first leg as the 2816
Railway Age is pleased to present the fifth-annual “Readers’ Influential Leaders” program honorees.
Canadian Pacific Kansas City’s long-awaited Final Spike Anniversary Steam Tour of Canadian Pacific Hudson 2816, The Empress, from Calgary to Mexico City to mark the one-year anniversary of CPKC’s official merger, kicked
Norfolk Southern (NS) has confirmed that its first-quarter 2024 financial results are in line with the preliminary results it announced April 9, one month before the May 9 shareholder’s meeting in which
“We exited last year with strong momentum and our performance in the first quarter, combined with an improving demand environment, has us well positioned to deliver on our 2024 guidance,” Canadian Pacific Kansas City (CPKC) President and CEO Keith Creel said in an April 24 earnings announcement. “As we enter the second year of our forever story, we are focused on safely executing on the unique and undeniable opportunities this franchise creates and delivering long-term value for our employees, customers and shareholders.”
Union Pacific (UP) extends its long-running partnership with STG Logistics. Also, the Brotherhood of Railway Carmen Division (BRC-TCU) secures a sick leave agreement with Canadian Pacific Kansas City (CPKC).
A little less than one year ago, CSX partnered with CPKC (Canadian Pacific Kansas City) to develop hydrogen fuel cell (HFC)-powered locomotives. On April 16, CSX unveiled its first unit, a “groundbreaking”
In a message to members of the Chartered Institute of Logistics and Transport (CILTNA), Railway Association of Canada (RAC) President and CEO Marc Brazeau warns of a potential railway labor disruption in
New York’s Port of Albany has received a $9.907 million grant to upgrade its on-dock rail and wharf deck infrastructure to handle heavy cargo. The funding is part of the New York
Railway Age’s second-annual Young Professionals conference—the rail industry’s only free event tailored to helping “fast trackers” in the freight, passenger and supply sectors advance their careers—will be held virtually on May 9
Safety is foundational to everything we do at CPKC. We are working to bring a new standard of safety to the North American rail landscape. Canadian Pacific’s (CP) proven culture of safety
The Surface Transportation Board on April 5, 2024, by unanimous vote, denied the request of the Coalition to Stop CPKC to modify the reporting requirements imposed in STB’s approval of Canadian Pacific’s
With a proxy vote initiated by an activist-led investor group rapidly approaching, Norfolk Southern provided an update on April 4 highlighting recent operational changes and near-term priorities that are producing “tangible results.”
Canadian Pacific Kansas City (CPKC) marks the one-year anniversary of its biofuels pilot. Also, CN appoints a new President and CEO at TransX.
