Canadian Pacific Railway

Congestion in Canada continues to impact rail and truck services

Danish container shipping company Maersk has published an update about the ongoing situation in Canada regarding significant congestion at terminals and inland ramps.

Maersk has noted that rail and truck sectors have been impacted.

Rail

According to Maersk’s customer advisory on 8 July, due to congestion in Toronto, Canadian National Railway (CN) is metering the number of Toronto-bound releases from Prince Rupert to ensure they do not gridlock its facilities. Regarding the operations of Canadian...

https://container-news.com/congestion-in-canada-continues-to-impact-rail-and-truck-services/

Rail Roundup: Congressmen press STB to address rail service

A train hauling tank cars passes through a railroad crossing.Congressional leaders support shippers’ calls to improve freight rail service

A bipartisan group of members of Congress are concerned about how subpar freight rail service is affecting the fertilizer industry and the greater agricultural sector’s ability to compete in global markets.

In a Wednesday letter to the Surface Transportation Board, 51 congressional members representing states across the U.S. urged the board to address short-term challenges and utilize “practical updates and changes” to...

https://www.freightwaves.com/news/rail-roundup-congressmen-press-stb-to-address-rail-service

FMC commissioners against CP / KCS merger

Three commissioners from the US maritime agency, Federal Maritime Commission (FMC), Carl W. Bentzel, Louis E. Sola and Max M. Vekich, have submitted comments to the Surface Transportation Board (STB) that oppose/object to the proposed unification of the Canadian Pacific Railway (CP) and the Kansas City Southern Railway (KCS).

More specifically, the three commissioners urged the STB to reject the consolidation of CP and KCS in accordance with provisions of Title 49 of the United States Code,...

https://container-news.com/fmc-commissioners-against-cp-kcs-merger/

FMC commissioners want rail regulators to reject CP-KCS merger

A Canadian Pacific train hauls intermodal containers across a field. A mountain range is in the distance.

Three commissioners with the Federal Maritime Commission want the Surface Transportation Board to reject Canadian Pacific’s plan to merge with Kansas City Southern, saying the merger could divert intermodal traffic from U.S. ports to Canadian ones, according to a letter to the board on Tuesday.

“While there might be economic benefits to certain shipper organizations and locations in the United States … there will be greater negative impacts relating to employment and long-term investment...

https://www.freightwaves.com/news/fmc-commissioners-want-to-rail-regulators-to-reject-cp-kcs-merger

Canadian Pacific eyes early 2023 federal approval of KCS acquisition

A photograph of a Canadian Pacific train traveling through a forest near the mountains.

Canadian Pacific still expects federal approval of its planned acquisition of Kansas City Southern to occur sometime within the next 12 months, despite a recent pause in the proceeding.

CP (NYSE: CP) anticipates that a ruling from the Surface Transportation Board will come by early 2023 at the latest, President and CEO Keith Creel told investors during CP’s first-quarter 2022 earnings call.

“We’re certainly optimistic things will be restarted soon,” Creel told investors Wednesday afternoon. STB...

https://www.freightwaves.com/news/canadian-pacific-eyes-early-2023-federal-approval-of-kcs-acquisition

CP refutes faulty brakes as cause of fatal train derailment

The Transportation Safety Board of Canada (TSB) has cited faulty brakes as being one of the causes behind a fatal 2019 derailment of a 112-car grain train — a finding that Canadian Pacific disputes.

The February 2019 accident involved a CP (NYSE: CP) train with 112 loaded hopper cars traveling from Calgary, Alberta, to Vancouver, British Columbia. According to TSB, the inbound train crew wasn’t able to slow down the train adequately while descending the steep 13.5-mile-long Field Hill, and so...

https://www.freightwaves.com/news/cp-refutes-faulty-brakes-as-cause-of-fatal-train-derailment

Class I railroads donate over $2 million for Ukraine relief

Four Class I railroads have donated nearly $2.3 million to support humanitarian efforts in Ukraine and the surrounding region.

These donations come among broader efforts by European and American rail groups to support Ukrainian freight and passenger rail (see below). Rail equipment manufacturers Wabtec (NYSE: WAB) and Greenbrier (NYSE: GRB) have also said previously that they are supporting their employees’ efforts to donate to humanitarian efforts in the region.

Union Pacific (NYSE: UNP) is the...

https://www.freightwaves.com/news/class-i-railroads-donate-over-2-million-for-ukraine-relief

CP to resume operations after railroad, Teamsters agree to binding arbitration

A red Canadian Pacific Railway train pulling tanker cars

Canadian Pacific Railway said it will resume operations after reaching an agreement with Teamsters Canada Rail Conference to resolve their labor dispute through binding arbitration.

CP (NYSE:CP) and the Teamsters announced the deal early Tuesday, a little more than two days after the company shut down its rail network at the start of a work stoppage. The company and the union had accused the other of initiating the work stoppage. 

The deal averts what was set to become yet another supply chain...

https://www.freightwaves.com/news/cp-to-resume-operations-after-railroad-teamsters-agree-to-binding-arbitration

‘Hell on wheels’: CP rail shutdown brings more pain to supply chain

A Canadian Pacific train on train tracks with the port of montreal in the background.

Two days after Canadian Pacific Railway shut down its rail network amid a labor dispute with more than 3,000 of its Teamsters-represented employees, the impacts to the supply chain are just getting started. 

The loss of Canada’s second-largest freight rail operator has stalled shipments of everything from grain to containers full of electronics headed to cities across Canada and the U.S. And it will soon inevitably bring backups to ports, including Vancouver, British Columbia, and Montreal. 

“This...

https://www.freightwaves.com/news/hell-on-wheels-cp-rail-shutdown-brings-more-pain-to-supply-chain

Canadian Pacific threatens lockout of Teamsters members

Canadian Pacific has notified the Teamsters Canada Rail Conference (TCRC) that it will lock out its members right after Sunday midnight if the sides fail to either negotiate a settlement or agree to binding arbitration for a new labor agreement.

CP (NYSE: CP) decided to take this action to prevent prolonged uncertainty. The railway will begin a work stoppage contingency plan and work with customers to achieve a smooth, efficient and safe wind-down of Canadian operations, CP said.

The railway...

https://www.freightwaves.com/news/canadian-pacific-threatens-lockout-of-teamsters-members

+ More