Canadian Pacific

Rail freight sees first decline in months

After a mostly steady climb through this year, rail freight volumes on Class I railroads are on a downgrade, and uncertainty in 2019 is looming like a blind curve in the dark.

CP cooking with grain

Canadian Pacific reports that it has broken all-time records for grain shipments, moving 2.64 million metric tonnes (MMT) of Canadian grain and grain products in October, the railroad’s biggest month ever for this commodity. The previous record was set in September 2017. CP also set a new record for biofuel shipments.

Grain off as crude again powers U.S. carloads

Surging shipments of crude-by-rail are fast putting other commodities in the rearview, while U.S. trade policy slows grain exports by domestic growers, according to the Association of American Railroads.