Canada-based RailVision Analytics, which was launched in 2020 with the objective of “helping the railway industry reduce its fuel consumption and lower greenhouse gas (GHG) emissions,” announced Nov. 30 that it has closed a $4 million seed funding round from investors to be used for technical hiring, growing the company’s development team, and expanding its product line and customer base.
Canadian Pacific (CP) is becoming CMA CGM Group’s “primary rail provider in Canada” under a new multi-year agreement, the Class I railroad reported on May 31.
Three bid respondents have qualified for the Port of Montreal’s Contrecœur container terminal project, which is slated to cost between C$750 million and C$950 million and begin operating by the end of 2026, the Montreal Port Authority (MPA) reported on May 6.
The Montreal Port Authority (MPA) and CN have reached an agreement in principal to develop the rail component of the Port of Montreal’s Contrecœur expansion project, MPA reported on April 6.
The Montreal Port Authority (MPA) is preparing to launch a Request for Qualification (RFQ) for its Contrecœur container terminal project.
The government of Canada is committing C$18.4 million ($14.6 million) to the Port of Montreal for a rail project aimed at keeping the maritime gateway competitive in a changing global supply chain.
