Canada’s Coalition of Rail Shippers (CRS) issued a statement Monday applauding the Minister of Transport, Denis Lebel, for reconfirming his commitment to “introduce a bill which would give shippers the right to service agreements with the railways and provide a process to establish such an agreement should commercial negotiations fail.”
Jean-Jacques Ruest, CN’s executive vice-president and chief marketing officer, has announced changes within CN’s senior marketing team that he says “will help us maintain our forward momentum and continue to build on our track record of operational and service excellence”. He said the changes are effective immediately.
CN late Monday, April 23, posted strong first quarter results, prompting the railroad to revise its outlook for the year upward.
Canadian National and Canadian Pacific reached separate 10-year agreements with Canpotex Ltd. to transport potash volumes that Canpotex ships to export markets. Under CP’s agreement, CP will be Canpotex’s principal Canadian railway, transporting a large majority of potash shipments to Canpotex’s main terminal in Vancouver, British Columbia. In addition, in conjunction with Union Pacific, CP will transport significant Canpotex potash shipments to Portland, Ore.
Hunter Harrison, CN’s iconic former chief executive and a Railway AgeRailroader of the Year recipient who is now retired in Florida raising show horses, has been approached to run Canadian Pacific Railway.
Canadian National and Coalspur Mines Limited have signed a memorandum of understanding to develop a logistics supply chain to move export thermal coal from Coalspur’s Vista Coal Project near Hinton, Alberta, to
Canadian National and West Chicago, Ill., have come to terms on CN’s operations over the Elgin, Joliet & Eastern Railway, which CN acquired in January. West Chicago will accept CN’s commitment to $1.8 billion in improvements on the line to reduce the impact of the anticipated frequency increase on the EJ&E.