The Canadian government is requiring the nation’s two largest freight railroad to move about 551,000 tons of grains weekly or suffer daily fines of up to $111,000.
Class I Railroads
Coverage of large freight railroad companies including traffic, revenue, freight tonnage and more.
News & Analysis
04 Mar 2014
LONG BEACH, Calif. — Canadian National Railway CEO and President Claude Mongeau yesterday said the railroad is looking at ways to build more resiliency into its network as it grapples with traffic delays caused by the severest winter in decades.
04 Mar 2014
LONG BEACH, Calif. — Canadian National Railway CEO and President Claude Mongeau sat down with JOC senior editor Mark Szakonyi at JOC’s annual TPM conference to share his views on intermodal growth, the pace of the U.S. and Canadian economic recovery and whether Class I rail consolidation is ahead.
20 Feb 2014
WASHINGTON — The U.S. Surface Transportation Board told BNSF Railway that it’s increasingly concerned about the “deterioration in service” shippers have experienced on the Class I railroad’s network.
10 Feb 2014
Kansas City Southern Railway said Friday it will aggressively defend its concession agreement in Mexico but declined to say whether it would pursue legal action against a bill aimed at opening the country up to railroads other than the two existing concession holders.
06 Feb 2014
Canadian Pacific Railway CEO and Director E. Hunter Harrison told investors last week that he expects rail consolidation among the largest North American railroads within six years, but the scenario he laid out was far bolder than what’s been swirling around the industry for years.
06 Feb 2014
Canadian National Railway and a union representing about 3,000 conductors, train and railyard workers at the railroad reached a new tentative labor agreement last night, averting a strike threatened to begin Feb. 8.
05 Feb 2014
A union representing about 3,000 conductors, train and railyard workers at Canadian National Railway gave the railroad a 72-hour strike notice yesterday evening.
04 Feb 2014
Widespread severe winter storms and colder than typical weather are slowing deliveries and cutting into manufacturing activity — but a thaw is coming, eventually.
03 Feb 2014
WASHINGTON — The types of questions posed by Surface Transportation Board commissioners to railroads and shippers in late March could give some indication on how the trio, particularly its newest addition, views a controversial competitive switching proposal.