Canadian Pacific Railway’s attempt to takeover Norfolk Southern Railway has already raised alarm with a group of Illinois lawmakers and prompted a pointed response from the Canada railroad.
Sen. Dick Durbin, D-Ill., on Dec. 14 urged the U.S. Surface Transportation Board, the rail regulatory agency, to consider the potential negative impact of the Canada railroad’s […]
From the Journal of Commerce:
A proxy war has been all but declared, analysts say, after Canadian Pacific Railway announced Wednesday it had upped its hostile bid for Norfolk Southern Railway by some $3.4 billion.
It’s the second time the Calgary-based railroad has attempted to sweeten the pot after NS shareholders called CP’s first two […]
A strike at Canadian Pacific came to a sudden end Monday after rail workers, facing the prospect of back-to-work legislation, agreed to end the stoppage and send the labour dispute to arbitration.
A key issue was fatigue for rail workers, and the union is hoping arbitration can bring about a better system to manage the […]
Longshore workers who documented empty terminal space to debunk the employers’ claim of congested docks have had their photos published widely. Acknowledging that it was ‘thousands of miles away,’ The Loadstar in the UK wrote in an article titled ‘West coast port congestion: Crisis, what crisis? asks dockworkers’ union (in pix)’:
This photo by […]
From Canadian Pacific’s web site:
Despite Canadian Pacific’s best efforts to reach an agreement with Teamsters Canada Rail Conference-Running Trades (TCRC), the union has provided official notice of its intent to strike the company in the event there is not a negotiated settlement. This group represents more than 3,000 active locomotive engineers and conductors at […]
Excerpts from the Journal of Commerce:
BNSF Railway and Canadian Pacific Railway say they are working to improve service as the 2014 harvest starts to move from farms to grain elevators. A backlog of shipments caused by a harsh 2013-2014 winter, coupled with an increase in intermodal and carload freight, has resulted in some […]
Increases were led by U.S. and Canadian grain. Excerpts from Progressive Railroading:
Canadian Pacific this week announced its second-quarter financial results were the strongest-ever quarterly results in the railroad’s history.
Total revenue climbed 12 percent to $1.7 billion, operating income jumped 40 percent to $587 million and reported net income soared 48 percent to $371 […]
A lucrative lease deal at the Port of Vancouver that would have triggered thousands of temporary construction jobs and garnered at least $250 million in private capital investment is off, at least for now.
The port said Friday that it and BHP Billiton, the Australian mining giant, have ended nearly four years of exclusive negotiations […]
Reuters reports that a huge crop combined with a frigid winter caused CN and rival Canadian Pacific Railway Ltd to fall behind on filling requests for grain hopper cars to country elevators. This caused grains and oilseeds to pile up in commercial and farm storage, including the largest wheat stocks in 20 years as […]
Major points of contention in the strike are pensions, certain work rules and fatigue management.
Canada introduced legislation Monday to force striking Canadian Pacific Railway workers back to their jobs after talks stalled over the weekend, the country’s labor minister said Monday.
Locomotive engineers and conductors went on strike Wednesday, shutting down freight service […]
A strike at Canadian Pacific Railway Ltd, the country’s No. 2 railroad, will delay at least 162,000 tonnes of grain sold to Canadian Wheat Board buyers, a senior CWB official said on Wednesday.
Canadian shippers are highly dependent on the country’s two dominant railways to move grain because there is no river freight system in […]