by CanadianSailings | Feb 25, 2020 | Other, Other Stories, Rail
CN and Teck Resources Limited announced a long-term rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations between Kamloops and Neptune Terminals, and other west coast ports. The agreement runs from April 2021 to December 2026, and will...
by CanadianSailings | Dec 8, 2019 | Alex Binkley, Business and Economy, Gateways and Corridors, Ocean, Other, Rail, Supply Chain and Logistics
By Alex Binkley Melius Energy of Calgary has partnered with BitCrude to market a semi-solid bitumen that can be shipped in marine containers to refineries in North America and overseas for further processing. Melius was formed earlier this year in the belief that...
by CanadianSailings | Dec 8, 2019 | Business and Economy, Other, Rail, Supply Chain and Logistics
It seems that Canada’s two national railways keep on producing never-ending record performances. Although both carriers expressed caution about the immediate future, both produced very respectable third quarter results. During the quarter, CN’s revenues increased by...
by CanadianSailings | Nov 18, 2019 | Other, Rail, St. Lawrence, Seaway and Great Lakes, Supply Chain and Logistics
During the month of September, Seaway volumes were down 18 per cent from year-ago levels, to 3,991 million tonnes. From March 22 to September 30, cargo shipments totaled 24.8 million tonnes, down 6 per cent from 2018. All cargo categories showed lower volumes, except...
by CanadianSailings | Oct 22, 2019 | Alex Binkley, Corporate events & profiles, Other, Rail
By Alex Binkley Canada’s two major railways have quietly gone about their business in the past year turning in strong financial performances and building up their networks even as economic storm clouds gather. They overcame wicked winter weather to record a record...
by CanadianSailings | Oct 22, 2019 | Business and Economy, Keith Norbury, Other, Rail
By Keith Norbury In its first year of operation, the Great Sandhills Railway in Saskatchewan had a budget of about $2 million. A decade later, its annual budget is around $7 million. “Of that $7 million, probably 85 to 90 per cent goes right back within 100 miles of...
