by Canadian Sailings | May 22, 2017 | Other, Rail
Canadian Pacific and Canadian Tire Corporation announced the deployment of North America’s first 60-foot intermodal container for use by the retailer. Page Content The new containers will increase shipping productivity and efficiency, while helping to reduce freight...
by Canadian Sailings | May 22, 2017 | Other, Rail
Canadian Pacific joined K+S Potash Canada (KSPC) in celebrating the grand opening of its Legacy Project mine site. The mine is the first of its kind built in Saskatchewan in more than 40 years, and the rail infrastructure built to serve the mine is the most...
by Canadian Sailings | May 22, 2017 | Other, Rail
CN and Duluth Cargo Connect announced a new alliance establishing the first rail-served intermodal container ramp in the Twin Ports of Duluth, Minn. and Superior, Wisconsin. Duluth Cargo Connect, a working partnership of the Duluth Seaway Port Authority and Lake...
by Canadian Sailings | May 22, 2017 | Business and Economy, Other
By Peter G Hall, Vice President and Chief Economist Ever seen a particular stock do really well? It’s hard to resist buying in. And if it does consistently well year after year, well, it’s hard to resist devoting a huge chunk of the portfolio to it. That’s sort of...
by Canadian Sailings | May 22, 2017 | Business and Economy, Other, Rail
While both of Canada’s major railways felt the effects of a weak economy, CN produced another quarter of stellar results, while CP produced more modest results. During the quarter, CN’s revenues increased by just over 8 per cent to $3.3 billion. However, operating...