Domestic News
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First-quarter 2021 freight car reporting statistics from the Railway Supply Institute’s American Railway Car Institute Committee (ARCI) show that, sequentially, orders grew, and deliveries and backlog were largely unchanged. |
CN or CP will be able to wade through the regulatory swamp and close this transaction. STB has already blessed CP’s strategy. |
CN reported May 7 it will purchase 1,000 high-capacity hopper cars from TrinityRail, a move that follows 14 consecutive months of record grain hauls as demand continues to grow in Canada and abroad. |
CN moved 2.9 million metric tons (MMT) of western Canadian grain in April, exceeding the previous April record of 2.82 MMT set in 2020 and more than 5% ahead of the three-year average of 2.75 MMT. |
Move matches rising demand for freight rail transportation within North America, company says. |
Canadian Pacific and Canadian National both reacted positively Thursday evening to a Surface Transportation Board decision allowing CP to place Kansas City Southern into a voting trust as part of its merger plans. |
A TuSimple self-driving truck. Union Pacific has invested in the company to keep an eye on the technology, but says changes must occur to keep railroads competitive with truck competition. |
As part of its proposed acquisition of Kansas City Southern, Canadian National envisions spending $250 million to create an upgraded route linking Kansas City, Mo., with Eastern Canada via Springfield, Ill. |
Brian E. Gorton, who began his career in 1987 as a Conrail conductor, has returned to his “home railroad” as President and Chief Operating Officer. |