Intermodal marketing company (IMC) executives say US intermodal rates charged to shippers will rise between 3 and 10 percent in major lanes and between 3 and 5 percent in secondary lanes this year.
Friday January 22, 2021
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Canadian Pacific Railway
Canadian Pacific Railway
Canadian Pacific Railway is one of the two Canadian rail giants along with Canadian Narional Railway. The transcontinental railroad’s network encompasses 14,700 miles of track in six Canadian provinces and 13 U.S. states; it has approximately 16,100 employees.
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Press Releases
02 Dec 2020
The agreement, lasting until 2025, cements Canadian Pacific’s contract with Hapag-Lloyd, its biggest container line customer and the largest carrier serving Canada, and rewards the railroad’s strategy to build a foothold in eastern Canada.
25 Nov 2020
Canadian Pacific has made no secret of its ambition to claw some of the container line volume away from its larger rival Canadian National Railway, with new initiatives at Saint John and Vancouver aimed at just that.
15 Sep 2020
A deal to build and operate a transload and distribution facility in Vancouver advances CP’s efforts to deepen its presence at its sole western Canadian port gateway, and Maersk’s evolution into a so-called global integrator by expanding its reach beyond port-to-port shipping.
23 Apr 2020
North American intermodal volume may plunge as much as 25 percent in the second quarter, so railroads believe the right strategy is to focus on cost-cutting while providing reliable service.
20 Feb 2020
Halifax and the ports of Montreal and Vancouver have endured cargo backlogs at marine terminals and disruption to domestic and international shipments.
07 Feb 2020
Just-in-time inventory pressures are creating more less-than-truckload shipments, giving Canadian National and Canadian Pacific Railway an opportunity to accelerate their domestic intermodal volume growth.
21 Nov 2019
With a new connection to the deepwater port in Saint John, New Brunswick, Canadian Pacific Railway is ramping up the competition with rival Canadian National for inland intermodal cargo from the east coast of Canada.
20 Nov 2019
Asset-monitoring technology will help Canadian Pacific and intermodal shippers to locate and better utilize the railroad’s chassis pool.
26 Jul 2019
A new chassis depot is open outside Canadian Pacific's intermodal terminal near Chicago's O'Hare Airport, which will allow truckers to pick up and return equipment to transport containers.
17 Jun 2019
The Illinois Trucking Association has begun to track truck turn times in Chicago rail yards to provide shippers a better understanding of how congestion disrupts the supply chain.
12 Jun 2019
The British Columbia ports of Vancouver and Prince Rupert are increasing their market share of US cargo because Canadian railroads are pricing intermodal more aggressively to the US Midwest than are US western railroads.
31 May 2019
CP’s signing of Yang Ming to handle its Candian cargo — with some shipped on the vessels of its alliance partners via Halifax and Prince Rupert — comes a little more than a year after the railroad contracted the bulk of business from the Ocean Network Express (ONE).
14 Feb 2019
The development project is designed to meet growing cargo demand as the port expands its share of intermodal traffic destined for eastern Canada and the US Midwest.
12 Feb 2019
Container dwell times have spiked as terminal operators and Canadian railroads struggle to add sufficient capacity to handle growing volumes.
19 Oct 2018
The electronic logging device rule imposed in the United States in November has already affected Canadian trucking, both cross-border and domestic services.
10 Oct 2018
This has been a record year for US intermodal rail, but changes in shipping patterns apparently have lowered the autumn intermodal peak — or broken it into two smaller peaks.
27 Jun 2018
Shippers that had cargo delayed at Canada’s west coast ports last winter will monitor that region's ports and railroads to gauge whether service and infrastructure changes have resolved all issues.
21 Jun 2018
Sponsored: CP's Wahba on Asia, West Coast market demand, and 2018 intermodal expansion.
30 May 2018
Less than 24 hours after engineers and conductors walked out and joined the picket line, Canadian Pacific Railway reached a tentative, four-year deal with the Teamsters Canada Rail Conference.
20 Apr 2018
On the recommendation of federal mediators, the Canadian Minister of Labor directed the Industrial Relations Board to administer a ratification vote of Canadian Pacific Railway's final offer to the Teamsters Canada Rail Conference and the International Brotherhood of Electrical Workers. The two unions described the situation as a "postponed strike" in a strongly worded statement urging their members to reject the offer.
12 Apr 2018
Sponsored: Naomi Iwashita, CP's manager of temperature control solutions, on new technologies enabling shipper access to temperature data on a specific refrigerated container as it moves through the supply chain. Iwashta details Canadian Pacific Railway's launch of its one-stop TempPro service, recent equipment investments, and approach to improving round-trip economies for exporters.
08 Mar 2018
Canadian Pacific Railway CEO Keith Creel says the new ONE business in Vancouver and CP’s expansion into the distribution center-rich Ohio Valley signal the Canadian railroad’s intention to growth its international intermodal freight volume.
21 Feb 2018
The expansion of business with Japan’s Ocean Network Express shipping alliance underscores Canadian Pacific Railway's intent to gain intermodal market share.
01 Feb 2018
Prince Rupert, Vancouver, Canadian National Railway, and Canadian Pacific Railway are expanding their assets and capacity to prepare for the peak season of 2018 after a troublesome peak last year.
04 Nov 2017
There’s plenty of innovation and potential pitfalls coming down the tracks.
10 Oct 2017
The service also gives US importers a new option.
21 Sep 2017
Terminal operator DP World is nearing completion on a $200 million upgrade to its Fairview Container Terminal at Prince Rupert, but remaining construction to landside infrastructure has roiled port productivity.
16 Aug 2017
The new seven-day-a-week service was announced on Aug. 14 after a trial period with Hapag-Lloyd.
12 Jul 2017
The Canadian intermodal network has been bulking up as if on steroids.
01 May 2017
The addition of seven feet and four additional pallet locations to the container means a 13 percent payload increase.
19 Jan 2017
President and Chief Operating Officer Keith Creel said international business growth is welcome but, “we’re not going to bet the farm on it.”
19 Jan 2017
E. Hunter Harrison is leaving Canadian Pacific Railway early possibly to try to take the reins of CSX Transportation
19 Oct 2016
The fall shipping season of 2016 has been good to Canadian Pacific Railway.
20 Jul 2016
Canadian Pacific Railway’s financials took a hit in the second quarter.
25 May 2016
"I think that's not something we didn't expect," Canadian Pacific Railway Chief Executive Officer E. Hunter Harrison said Wednesday in New York City at a conference hosted by transportation research firm Wolfe Research.
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