Insights and Stories on Railway

CN rerouting trains, aims to re-open line to Vancouver on weekend

Dec. 1, 2021 at 6:27 pm CST

Reuters — Canadian National Railway (CN) said Wednesday it was aiming to reopen its track in the crucial Kamloops-to-Vancouver corridor in flood-hit British Columbia this weekend. The Pacific province, trying to rebuild after devastating floods in November, received more rain over the weekend and this week. CN operates one of […]

CP to reopen rail corridor to Vancouver Tuesday

Nov. 22, 2021 at 8:28 pm CST

By Dave Bedard

Kansas City Southern plans to accept CP’s bid

Sep. 13, 2021 at 2:09 am CDT

By Reuters

Kansas City Southern sticks with CN as CP won’t raise bid

May. 21, 2021 at 9:46 am CDT

By Reuters

Cost index up for CN, down for CP in grain revenue formula

Apr. 29, 2021 at 8:29 pm CDT

By Dave Bedard

CN challenges CP with Kansas City Southern bid

Apr. 20, 2021 at 8:24 pm CDT

Reuters — Canadian National Railway said on Tuesday it had offered to buy Kansas City Southern railroad for about US$33.7 billion, sending shares of the U.S. rail company soaring as investors anticipated a bidding war with Canadian Pacific Railway. CP had agreed a deal to acquire Kansas City Southern for […]

By Shreyasee Raj

Canadian Pacific to buy Kansas City Southern in bet on trade

Mar. 22, 2021 at 1:31 am CDT

Reuters — Canadian Pacific Railway (CP) agreed on Sunday to acquire Kansas City Southern in a US$25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pickup in trade. It would be the largest ever combination of North American […]

By Ann Maria Shibu Nandakumar D Rebecca Spalding

Port of Churchill moves to 100 per cent local ownership

Mar. 11, 2021 at 6:24 pm CST

MarketsFarm — The Port of Churchill is undergoing an ownership transition that will see its OneNorth community and Indigenous partners assume 100 per cent ownership of the Hudson Bay port and the rail line connecting it to northwestern Manitoba. The Churchill Marine Tank Farm and associated assets are also part […]

By MarketsFarm Team

Big Two railways release plans for winter

Oct. 26, 2020 at 9:20 pm CDT

Canada’s major railways have filed their winter contingency plans, as they are now required by law to do. Since updates to the Canada Transportation Act in 2018, Canada’s major rail companies have been required to publish winter plans and can be forced to pay up if they fail to deliver […]

By D.C. Fraser

CN, CP set third-quarter records for grain movement

Oct. 5, 2020 at 3:37 pm CDT

MarketsFarm — Canada’s big two railways again reported moving record amounts of Canadian grain during the third quarter of 2020. Canadian National Railway (CN) reported Monday it had shipped 7.76 million tonnes of grain by rail, and Canadian Pacific Railway (CP) said Friday it had moved 7.72 million tonnes. For […]

By MarketsFarm Team

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