by CanadianSailings | Mar 29, 2020 | Business and Economy, Other, Other Stories, Rail
Although 2019 was another record year for both of Canada’s railways, by the fourth quarter revenues increased only marginally (CP), or declined (CN). For the fourth quarter CN’s revenues declined by 5.9 per cent, but for the year increased by 4.2 per cent to $14.9...
by CanadianSailings | Mar 29, 2020 | Other, Other Stories, Rail
CN announced that, in the absence of significant illegal blockades on its network, it has started calling back most of the temporarily laid off employees based in Eastern Canada. Over 1,400 trains, including passenger trains, were delayed or cancelled because of the...
by CanadianSailings | Feb 25, 2020 | Other, 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...
