Rail freight hot streak continues
Deep into a summer of simmering trade and economic issues, grain and petroleum continued to lead growing U.S. rail traffic for the week ending August 25.
Canadian Pacific
Grain tops weekly carloads
Rail traffic in the U.S. for the week ending August 18 was 567,477 carloads and intermodal units, up 3.7% compared with the same week in 2017.
CP: Pushing the grain envelope
Canadian Pacific moved 25.8 million metric tons (MMT) of western Canadian grain and grain products, soybeans and other non-regulated principal field crops during the 2017-2018 crop year and “stands ready to again safely and efficiently deliver during the 2018-2019 crop year.”
Rail freight volumes continue to climb
Rail freight, including commodity and intermodal volumes, continued steady upward movement in the latest weekly data check.
TCRC-T&E ratify with CP
The Teamsters Canada Rail Conference-Train & Engine (TCRC-T&E) has ratified a new four-year agreement with Canadian Pacific. Additionally, CP’s Kootenay Valley Railway conductors and locomotive engineers ratified a five-year agreement.
Revenues climb as CP “plays through the pain” of service issues
Second quarter revenues were higher at Canadian Pacific Railway on improved carload results, though earnings slipped compared to the prior-year quarter.
Carloads, intermodal up ahead of tariffs
Rail traffic moved smartly ahead the first week of July as shippers secured orders before President Trump’s tariffs take full effect.
Plans aim to streamline Chicago rail network
Officials in the Windy City want to unwind the nation’s most complicated railroad labyrinth.
IBEW Council ratifies CP contract
Hundreds of signal and comms workers have approved a pact with Canadian Pacific.
Rail freight maintains upward momentum
Weekly rail freight traffic continued stronger than a year ago, according to the latest industry data.