CN

Teamsters Canada warns rail strike looms over pay, hours at CN, CPKC

The union representing almost 9,300 workers at Canada’s two biggest rail operators says the railroads are pushing toward a work stoppage after negotiations have deadlocked over issues of working conditions and wage increases.

“CN and CPKC aim to eliminate all safety-critical rest provisions from our collective agreements,” François Laporte, national president of Teamsters Canada, said in a news release on Monday. “These provisions are necessary to combat crew fatigue and ensure public safety. We...

https://www.freightwaves.com/news/teamsters-canada-warns-rail-strike-looms-over-pay-hours-at-cn-cpkc

CN acquiring Iowa Northern Railway

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Canadian railway CN plans to acquire Iowa Northern Railway (IANR) a short-line railroad that...

https://www.freightwaves.com/news/cn-acquiring-iowa-northern-railway

CN to offer intermodal service via Gulfport

CN, the Mississippi State Port of Authority at Gulfport and Ports America have signed a memorandum of understanding that will enable the Canadian railway to provide a new intermodal service at the Port of Gulfport.

A trial run of the new service “will launch in the coming weeks,” CN said Wednesday.

The new service comes as CN (NYSE: CNI) and other Class I railroads have been seeking to beef up their intermodal options amid efforts to take market share from trucks. J.B. Hunt Transport Services and...

https://www.freightwaves.com/news/cn-to-offer-intermodal-service-via-gulfport

Investment firm acquiring SMBC Rail Services

Acquisitions are continuing apace within the U.S. freight rail industry, with an infrastructure investment firm acquiring SMBC Rail Services and CN taking a stake in Atlanta Canada short-line railroad.

ITE Management affiliate to acquire SMBC Rail Services

An affiliate of ITE Management, a transportation and infrastructure investment firm, plans to acquire SMBC Rail Services, a full-service rail car lessor, the companies announced Tuesday.

As part of the acquisition, SMBC Rail Services’ rail cars...

https://www.freightwaves.com/news/investment-firm-acquiring-smbc-rail-services

Taking market share from trucks will require cross-industry collaboration: CN

The Class I railroads are striving to collaborate more proactively and create a product that can be competitive against the truck markets, CN executives said during the Canadian railway’s earnings call Tuesday to discuss third-quarter 2023 financial results.

The comments echo ones similarly expressed during the third-quarter earnings call for Eastern U.S. Class I rail carrier CSX last week. 

“I think it is a change that we’re seeing in the industry for various reasons,” CN President and CEO Tracy...

https://www.freightwaves.com/news/taking-market-share-from-trucks-will-require-cross-industry-collaboration-cn

CN to split chief operating officer role into 2

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Canadian Class I railway CN is modifying the way the company leads its operations as part of a...

https://www.freightwaves.com/news/cn-to-split-chief-operating-officer-role-into-2

Internet connectivity issues affect CN’s customer service portal

CN confirmed that it is experiencing an internet connectivity issue as of Tuesday afternoon that’s affecting the Canadian railway’s customer service portal.

Passenger rail service via GO trains and VIA trains in and out of Union Station in Toronto, as well as CN’s customer service portal have all been impacted as they all require an internet connection to CN’s servers, the railway said Tuesday afternoon. But CN trains, Montreal’s EXO commuter rail service and Amtrak trains are operating, CN (NYSE...

https://www.freightwaves.com/news/internet-connectivity-issues-affect-cns-customer-service-portal

UP touts faster Falcon Premium service as ‘a big deal’

Inflation and higher labor costs are two concerns for Union Pacific in the second half of this year, but company executives said improved service offerings, such as a reduction in transit time for the Falcon Premium intermodal service, will help it and other railroads win volumes back from trucks.

“We need to bring new business in. … We need to cover what inflation gave us and the extra cost that we have, both from an employee base and structurally,” UP CEO Jim Vena said at Morgan Stanley’s...

https://www.freightwaves.com/news/up-touts-faster-falcon-premium-service-as-a-big-deal

CN and Norfolk Southern unveil domestic intermodal service

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Canadian railway CN and Norfolk Southern are pairing up to launch a domestic intermodal service that...

https://www.freightwaves.com/news/cn-and-norfolk-southern-unveil-domestic-intermodal-service

Canadian grain shippers hopeful about rail service in current crop year

Canadian grain producers generally expect rail service in the 2023-2024 harvest year to meet market needs, but they’re keeping an eye on other factors that could affect rail service in the coming years, such as grain export capacity at the Port of Vancouver.

Grain shippers are also waiting for the supply chain to completely recover from a July labor strike at the ports of Vancouver and Prince Rupert.

“It’s always the same story this time of year when it comes to rail service and rail capacity. We...

https://www.freightwaves.com/news/canadian-grain-shippers-hopeful-about-rail-service-in-current-crop-year

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