Canadian Pacific intermodal Test Train No. 110-30 passed through Alyth Yard, Calgary, Alberta, late Thursday as it continued its test run from Vancouver, British Columbia, to Toronto. It’s the longest, heaviest intermodal
Canadian Pacific Railway has joined Atlanta-based e-VERIFILE.COM Inc.’s e-RAILSAFE Canada (ERS-Canada) workplace safety/security management service. CP will require its contractors and suppliers and their employees that need access to CP’s Canadian properties
Canadian Pacific has signed a three-year contract for Anchor Brake shoes with Watertown, N.Y.-based New York Air Brake Corp. The Anchor Brake shoe products include high and low friction composition shoes as
The railroads are well-positioned for the recovery—a point emphasized by the railroad industry speakers at the September 9-10 Dahlman Rose & Co. 2009 Global Transportation Conference in New York City, moderated by
In federal court papers filed Wednesday in Cheyenne, Wyo., the Dakota, Minnesota & Eastern Railroad said it has dropped condemnation lawsuits against some landowners in northeastern Wyoming because the recessionary economy has caused an indefinite
Add Rochester, Minn., officials to the list of those seeking federal stimulus funding to advance high speed rail plans and, in the process, possibly reroute freight rail traffic. The plan is supported
Lower freight volume depressed Canadian Pacific’s first-quarter net earnings of C$62.5 million (US$51 million), or 39 Canadian cents per share, falling short of Wall Street analyst expectations of 48 Canadian cents per
Canadian Pacific Railway will receive $C110 million (US$86.9 million), plus additional proceeds of $C22 million based on future freight volume, in a transaction that will see Borealis Infrastructure acquire a majority interest in the Detroit
Montana House Bill 422, advanced by those seeking to weigh down short line Tongue River Railroad’s efforts to extend its right-of-way to coal deposits, has stalled. The bill, backed by some state landowners and by environmentalists, seeks to make eminent domain procedures more difficult.
Following a successful pilot program on the Canadian Pacific Northern Ontario Service Area and last year’s Total Friction Management™ program rollout in Western Canada, Portec Rail Products, Inc. is now offering Total Friction Management™ to the rail industry.
Canadian Pacific subsidiary Dakota, Minnesota and Eastern Railroad can proceed with a $6 billion plan to extend rail right-of-way 262 miles west of Wall, S.D., to Wyoming’s Powder River Basin coal fields, the South Dakota Transportation Commission ruled Wednesday.
The Surface Transportation Board has issued a final decision on its method for calculating the railroad industry’s cost of capital. STB has adopted a simple average of a Capital Asset Pricing model (CAPM) and a multi-stage Discounted Cash Flow (DCF) model to calculate the cost of equity, which is one component of the cost of capital. STB said this methodology “will yield a more precise determination than relying on CAPM alone.”
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