Canadian Pacific seeks to build Vancouver-area transload and logistics facility

A photograph of a train with tall mountains in the background.

Canadian Pacific (NYSE: CP) wants to build a multimodal transload and logistics facility near Vancouver, and it’s starting to canvass the broader community for input.

CP seeks to build the facility on land holdings that it owns, the railway said Wednesday. The facility would be adjacent to an existing intermodal rail facility in Pitt Meadows, British Columbia.

The railway has begun reaching out to First Nations groups as the facilitythe Katzie First Nation Traditional Territory. CP is also...

https://s29755.pcdn.co/news/canadian-pacific-seeks-to-build-vancouver-area-transload-and-logistics-facility

Trucker charged with trafficking meth from US to Canada

Bags of meth seized by authorities at the US-Canada border. A trucker has been charged with meth trafficking in connection with the seizure.

A trucker could face life in prison after being charged with trafficking nearly 200 pounds of methamphetamine from the United States to Canada, authorities said Wednesday.

Steven Andrew Golding, 64, was arrested Monday on charges stemming from a December 2018 drug seizure at the Pacific Highway U.S.-Canada border crossing in Surrey, British Columbia, the Royal Canadian Mounted Police (RCMP) said in a statement.

Authorities seized multiple bags of meth found inside the cab of the Volvo tractor...

https://s29755.pcdn.co/news/trucker-charged-with-trafficking-meth-from-us-to-canada

DP World volumes decrease, portfolio increases

DP World reported Monday that 2020 first-half volumes were down 3.9% from the same period last year and that it had acquired a 60% stake in UNICO Logistics.

DP World Ltd. handled 33.9 million twenty-foot equivalent units (TEUs) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing 5.3% year-over-year on a reported basis and 3.9% on a like-for-like basis.

DP World said like-for-like container totals adjust for volumes at Posorja,...

https://www.freightwaves.com/news/dp-world-volumes-decrease-portfolio-increases

CN plans nearly C$1 billion in capital projects

A photograph of a train crossing a bridge. There is mountain range behind the train, and the bridge is in the middle of a forest.

Canadian railway CN (NYSE: CNI) is investing C$985 million (US$720.1 million) in capital improvement projects in the provinces of Alberta, British Columbia and Quebec in 2020.

The capital projects come as CN has laid out its long-term intentions to bolster its eastern operations while also expanding network capacity in western Canada to handle greater export volumes. CN’s overall capital budget for 2020 is $2.9 billion, and executives have said that CN will use the lower-volume environment of...

https://s29755.pcdn.co/news/cn-plans-nearly-c1-billion-in-capital-projects

CN benefits from British Columbia’s growing propane exports

A photograph of a train on a bridge that's crossing a lake.

Three vessels carrying Canadian propane destined for international markets departed from AltaGas’ Ridley Island Propane Export Terminal on Thursday, beating a previous record by 50%, according to CN (NYSE: CNI). CN exclusively serves the facilities at the Port of Prince Rupert, which is where the AltaGas Ridley Terminal is located. 

The terminal has moved over 1 million metric tonnes of propane since it launched in May 2019. The increase in propane export volumes comes amid ongoing capacity...

https://s29755.pcdn.co/news/cn-benefits-from-british-columbias-growing-propane-exports