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November 2015

Quebec government suing CP Rail for damages in Lac-Mégantic disaster


$409M suit claims CP Rail showed negligence by trusting MM&A to move dangerous chemicals CBC News The Quebec government is suing Canadian Pacific Railway (CP) for $409 million in damages as a result of the 2013 tragedy at Lac-Mégantic. The lawsuit, filed … Continue reading

28 November 2015 | Posted in Railways | Leave a comment


Canadian Pacific Holiday Train ready to rock the rails for a good cause


CALGARY/CNW/ – The Canadian Pacific Holiday Train program is ready to go for its 17th year, bringing with it food, cash donations and awareness to local food banks and food shelves across North America. The two brightly lit trains – … Continue reading

28 November 2015 | Posted in Railways | Leave a comment


Norfolk Southern Receives Offer From Canadian Pacific


Norfolk and Canadian Pacific will be able to deliver unsurpassed levels of safety and service to their customers after they merge Samira Meskini – GuruFocus Norfolk Southern Corp. (NSC) completed the acquisition of the Delaware & Hudson Railway line, a … Continue reading

26 November 2015 | Posted in Railways | Leave a comment


Canadian crude-by-rail exports rebound 38 percent in third quarter


By Nia Williams – Reuters Canada CALGARY, Alberta (Reuters) – Canadian exports of crude by rail surged 38 percent in the third quarter of 2015, according to data released on Wednesday, as wider price differentials improved the economics of shipping … Continue reading

26 November 2015 | Posted in Railways | Leave a comment


VIA RAIL EXPANDS ITS RAIL NETWORK BY ACQUIRING THE BROCKVILLE SUBDIVISION


Montreal – VIA Rail Canada (VIA Rail) is pleased to announce it acquired the Brockville Subdivision, consisting of 45 kilometers (28 miles) of single track between Smiths Falls and Brockville, in Ontario. “This acquisition will strengthen our rail network dedicated … Continue reading

26 November 2015 | Posted in Railways | Leave a comment


Guelph Subdivision upgraded to CTC


Written by  Steve Host, for Railway Age VIA Rail on Nov. 14, 2015, commissioned CTC (centralized traffic control) on its entire North Mainline (Guelph Subdivision) between Georgetown and London, Ontario. In conjunction with the Genesee & Wyoming’s Goderich-Exeter Railway, which … Continue reading

21 November 2015 | Posted in Railways | Leave a comment


Caisse strikes $1.5-billion deal with Bombardier rail business


NICOLAS VAN PRAET – MONTREAL — The Globe and Mail Bombardier Inc.’s $1.5-billion (U.S.) deal to sell 30 per cent of its train business to pension fund giant the Caisse de dépôt et placement du Québec will shore up the company’s cash … Continue reading

20 November 2015 | Posted in Railways | Leave a comment


CP says consolidation ‘inevitable'; won’t confirm talks with U.S. railway


By Ross Marowits, The Canadian Press MONTREAL – Canadian Pacific Railway formally proposed a merger with U.S. rail company Norfolk Southern on Tuesday in the hopes of creating a transcontinental railway, a deal that would extend the already vast reach … Continue reading

18 November 2015 | Posted in Railways | Leave a comment


Millennials are revitalizing organized labor


by Amy B. Dean A new generation is offering hope to ailing unions Millennials are often made out to be selfish and individualistic, but they appear to be taking a greater interest in social movements and dramatic social change than … Continue reading

17 November 2015 | Posted in Railways | Leave a comment


Sound regulation powered CN


Claude Mongeau, Special to Financial Post Over the past 20 years, CN has moved from a business operating primarily in Canada to a full-fledged North American railroad, and from a rail industry laggard to an industry leader.   CN’s privatization … Continue reading

17 November 2015 | Posted in Railways | Leave a comment