RAC Issues 10-Year Canadian Rail Snapshot
The Railway Association of Canada (RAC) has published the 29th edition of its Rail Trends report, providing a ten-year performance overview (2011-20) of its member passenger and freight railroads.
CN
CN Issues Sustainability Report
CN has released its eighth “Delivering Responsibly Sustainability Report” outlining its ESG (environmental, social and governance) performance.
STB to Shippers: Arbitration Rulemaking Proceeding Will Go Forward
The Surface Transportation Board (STB) has denied a shipper group request to pause its proposed rulemaking on a voluntary arbitration program aimed at resolving small rate cases.
CN: British Columbia Productivity Near ‘Pre-Washout’ Levels
CN has reported that the productivity and capacity of its network in British Columbia is nearing pre-washout levels, as crews continue to work around the clock.
Canadian Regulator Rules on Grain ‘Entitlements’
In the 2020–2021 crop year, Canadian Pacific and CN collectively moved 52,334,795 metric tons of Western grain, 9.0% more than the volume moved during the previous crop year and the highest volume ever on record. For CN, its record volume comes at a price, as grain is a heavily regulated commodity in Canada, with revenue caps or “entitlements” set by the Canadian Transportation Agency (CTA), Canada’s equivalent of the U.S. Surface Transportation Board.
CN: Vena ‘No Longer Interested’ in Top Spot
CN on Dec. 20 announced that Jim Vena, the former long-time CN operating executive who recently retired for the second time in his career as Chief Operating Officer of Union Pacific, has decided not to pursue returning to CN as President and CEO to replace the retiring JJ Ruest.
CN, Google Cloud Team on Tech Update
CN has selected Google Cloud to not only move a majority of its digital infrastructure to the cloud, but also improve shipment visibility for customers and supply chain partners.
Canadian Magazine Ranks CN as Corporate Governance Leader
Globe and Mail’s Report on Business magazine has recognized CN for leadership in corporate governance.
CDP Recognizes CP for Climate Action Leadership
Canadian Pacific (CP) has received a leadership level score of A- for its 2021 climate change disclosure from global environmental non-profit CDP.
CN, CSX Make CDP Environmental ‘A List’
CN and CSX each earned an A rating for leadership in corporate sustainability from global environmental non-profit CDP for the sixth and second time, respectively.