Rail executives who have watched how sharply truck pricing has risen this year are looking forward to the 2027 bid cycle just underway to hike intermodal contract rates for the first time in four years.
The announcement of US$330 million in funding from Ottawa, the province of New Brunswick and a local railroad operator comes as Canada continues to seek diversification among trading partners.
The forwarder reported strong growth in volume, capturing significant market share in the ocean and high-yielding air freight sectors.
