Canadian Pacific, Hapag-Lloyd extend Port Saint John agreement

A photograph of intermodal containers in a rail yard.

Container shipping line Hapag-Lloyd and Canadian Pacific Railway (NYSE: CP) are extending their rail service agreement to 2025 at the Port Saint John in New Brunswick, Canada.

According to CP, the agreement comes after “successful calls” to the Port Saint John this past summer, and Germany-headquartered Hapag-Lloyd will begin regular service with CP in 2021. 

CP gained expanded access to the Port Saint John via its acquisition of the short line Central Maine & Quebec Railway. It also has...

https://s29755.pcdn.co/news/canadian-pacific-hapag-lloyd-extend-port-saint-john-agreement

Railways see untapped potential in Atlantic Canada ports

A photograph of a Canadian Pacific train crossing a grassy field.

Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) are vying to be the top freight railroad in Eastern Canada, with both companies seeing the Atlantic Canada ports as having untapped potential.

The ports at Saint John and Halifax have access not only to Eastern and Central Canada, but also to the coveted U.S. Midwestern market and the Eastern U.S. CN has access to both ports, while CP — with its recent acquisition of the Central Maine and Quebec Railway — has direct access to Port Saint John.

Expandin...

https://s29755.pcdn.co/news/railways-see-untapped-potential-in-atlantic-canada-ports

Latest strike forces diversion of Montreal-bound vessels

Longshore worker strikes are cutting off the flow of cargo at the Port of Montreal.

Vessels bound for Montreal are being diverted and containers already there are sitting at the port as the fourth longshore workers strike in just over a month got underway Monday morning.

This walkout differs from the three others this summer in that the Canadian Union of Public Employees (CUPE) Local 375 has not said when the 1,125 longshore workers it represents will return to the job.

The previous strikes had...

https://www.freightwaves.com/news/latest-strike-forces-diversion-of-montreal-bound-vessels