The U.S. Surface Transportation Board has issued its long-awaited decision on the merger of Canadian Pacific Railway and Kansas City Southern, authorizing the combination of the two railways to form the first railway connecting Canada, the U.S., and Mexico. The 212-page decision includes many conditions, but will allow CP to take control of KCS, forming… Read More
Tag: Cp Rail
The Canadian Transportation Agency has issued its ruling on how CN and CP Rail’s profits from transporting Western Canadian grain compared with their regulated maximum grain revenue entitlements for the 2021-2022 crop year. CN’s grain revenue last crop year was reported at $592,208,589 — $3,068,088 above its maximum entitlement, while CP’s grain revenue was $515,508,638… Read More
Not to be left out, CP Rail says it also set a new all-time monthly tonnage record for shipping grain in October. Shortly after CN Rail announced on Nov. 2 that October was its best ever month of grain shipping, CP said it also set a new monthly record for grain movement. CP said it… Read More
The percentage of hopper cars ordered by grain elevators in Western Canada that are not showing up on time has started to climb rapidly, according to the latest data from the Ag Transportation Coalition. CP Rail only supplied 61 per cent of the hopper cars that were ordered in week 8 of the grain year,… Read More
Canadian Pacific Railway and the Teamsters Canada Rail Conference (TCRC) say they have reached a two-year agreement following binding arbitration. CP and the TCRC, which represents approximately 3,000 locomotive engineers, conductors, train and yard workers across Canada, agreed to enter binding arbitration in March 2022 after they were unable to reach a deal due to outstanding… Read More
The 2.5 day shutdown of CP Rail’s network last month was a sharp reminder why rail service, especially for agricultural commodities, should be deemed essential. Although the strike/lockout only lasted from a Sunday to a Tuesday, it caused weeks, even months, of disruption in already-stressed supply chains that rely on trains. The entire system was… Read More
Canadian Pacific Railway and the Teamsters Canada Rail Conference (TCRC) have agreed to binding arbitration, ending the work stoppage as it extended into its third day. Normal business operations for the railway are set to resume Tuesday, March 22. “CP is pleased to have reached agreement with the TCRC Negotiating Committee to enter into binding… Read More
Update, as of early March 22: CP Rail and the Teamsters Canada Rail Conference have agreed to binding arbitration, ending the work stoppage as it extended into its third day. Normal business operations for the railway are supposed to resume on Tuesday, March 22. The ongoing work stoppage at Canadian Pacific Railway is forcing canola… Read More
The work stoppage has begun for Canadian Pacific Railway (CP Rail) as of early Sunday morning, with both the union and the railway accusing the other of initiating the halting of rail services. As of early Sunday, both CP and the Teamsters Canada Rail Conference (TCRC) were still at the table with federal mediators, according… Read More
Canadian Pacific Railway (CP Rail) has triggered the 72-hour notice required for a lockout of over 3,000 conductors, engineers and other railway employees who are members of the Teamsters Canada Rail Conference (TCRC). Unless the union and railway reach a negotiated settlement or agree to binding arbitration in the meantime, the lockout would begin at 00:01… Read More