Report: City of Washington, Iowa Accepts CP Crossing Closure Counteroffer

In a unanimous vote, the Washington (Iowa) City Council has accepted a counteroffer from Canadian Pacific (CP) that would allow the city to secure city funds and “municipal cooperation” for the proposed CP-Kansas City Southern (KCS) merger, which would “increase train traffic by more than 300% in the area,” the Southeast Iowa Union reported on Nov. 21.

Of the $3.55 billion in BNSF’s 2022 capital expenditure plan, about $580 million went toward projects that support the growth of its Consumer, Agricultural and Industrial Products customers’ businesses. (Photograph Courtesy of BNSF)

Class I Briefs: BNSF, CN/CP, UP

BNSF is wrapping up several major capital projects to boost capacity and operational efficiency. Also, CN and Canadian Pacific (CP) are among Canada’s Top 100 Employers for 2023; and Union Pacific (UP) and Portland (Ore.) Community College are launching a career technical-education initiative for welding technology, electrical trades, diesel service, machine manufacturing, and other trade career paths.

(Photograph Courtesy of Port of Long Beach)
Commentary

Cowen: Measuring Supply Chain Shifts

A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.

Canadian Pacific's hydrogen fuel cell-powered linehaul freight locomotive has performed its first revenue move. (Screenshot of a CP Video, from Twitter)

Watch: CP 1001’s First Revenue Move

Canadian Pacific’s (CP) hydrogen fuel cell-powered freight locomotive, CP 1001, marked a milestone on Oct. 28: its second main line test and first revenue move.

Shutterstock/Manop Boonpeng

WOMEN IN RAIL 2022

RAILWAY AGE, NOVEMBER 2022 ISSUE: Railway Age’s Women in Rail awards program celebrates strong women who excel at leadership, serving the community and contributing to the industry—above and beyond their day-to-day job responsibilities.

Three grain elevators have earned Canadian Pacific’s Elevator of the Year award for the 2021-22 crop year. Pictured is winner G3 Carmangay.

CP Elevates Three Grain Elevators

Canadian Pacific (CP) has recognized Paterson Flagstaff, G3 Carmangay, and Elbow Lake Co-op Grain with Elevator of the Year awards for the 2021-22 crop year.

For CN, CP, More Grain on the Move

Canada’s two Class I railroads set records for grain moves in October, each reporting more than 3 million metric tons (MMT) shipped.

Canada: Agreement-in-Principle for Lac-Mégantic Bypass

More than nine years after the horrific derailment of a crude oil unit train at Lac-Mégantic, Quebec that claimed 47 lives and led to new regulations for railroad hazmat tank cars, the

(Photograph Courtesy of CP via Twitter)

CP’s Creel: 2022, ‘A Tale of Two Halves’ (UPDATED, Cowen)

“Throughout the year, we have said 2022 would be a tale of two halves and that is exactly how it is unfolding,” Canadian Pacific (CP) President and CEO Keith Creel said on Oct. 26. “The third quarter saw strong demand in potash and intermodal that we anticipated, and CP was well-resourced to handle the volume increases we have seen.”

PANYNJ moved 842,219 TEUs in September 2022, up 35% from September 2019.

Intermodal Briefs: PANYNJ, Alpenglow Rail/CC&L Infrastructure, Tradepoint Atlantic/Terminal Investment Limited

The Port Authority of New York and New Jersey (PANYNJ) reports record cargo volumes for second consecutive month. Also, Alpenglow Rail Services Corp. (Alpenglow) and Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) will acquire Alberta Midland Railway Terminal Ltd. (AMRT); and Tradepoint Atlantic and Terminal Investment Limited (TIL) announce partnership to commence next major phase of redevelopment at Sparrows Point.

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