GFM Network News


CP to employ Ballard fuel cells in Hydrogen Locomotive Program

Railway touts zero emissions goal

Canadian Pacific (CP) is adopting a new Canadian technology in a bid to reduce its locomotion emissions. It’s teaming up with Vancouver-based Ballard Power Systems to employ Ballard fuel cell modules in CP’s Hydrogen Locomotive Program. The modules will provide a total of 1.2 megawatts of electricity to power the locomotive. “With this purchase from Ballard, a leader in

(File photo by Dave Bedard)

Canadian Pacific to buy Kansas City Southern in bet on trade

Biggest North American rail deal ever valued at US$25 billion

Reuters — Canadian Pacific Railway (CP) agreed on Sunday to acquire Kansas City Southern in a US$25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pickup in trade. It would be the largest ever combination of North American railways by transaction value. It


(File photo by Dave Bedard)

Railways overshoot grain revenue limits for 2019-20

Grain revenues run $5.3 million over caps, CTA rules

Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the

(CPR.ca)

Big Two railways release plans for winter

Snow-clearing equipment among investments at CN, CP

Canada’s major railways have filed their winter contingency plans, as they are now required by law to do. Since updates to the Canada Transportation Act in 2018, Canada’s major rail companies have been required to publish winter plans and can be forced to pay up if they fail to deliver on certain promises of railcars.

(Dave Bedard photo)

CN, CP set third-quarter records for grain movement

MarketsFarm — Canada’s big two railways again reported moving record amounts of Canadian grain during the third quarter of 2020. Canadian National Railway (CN) reported Monday it had shipped 7.76 million tonnes of grain by rail, and Canadian Pacific Railway (CP) said Friday it had moved 7.72 million tonnes. For CN that not only marked


A CN freight train remains halted as train tracks are blocked two km away at Tyendinaga, Ont., east of Belleville, on Feb. 14, 2020. (Photo: Reuters/Chris Helgren)

Canada rules out sending police in on rail protests

Superior Propane expects supply shortages soon

Ottawa | Reuters — Canada’s Liberal government said on Friday it was deeply concerned about protests by aboriginal activists that are blocking some key railway lines but rejected a call to send in the police. Indigenous communities opposed to the construction of a gas pipeline project in British Columbia started interrupting rail traffic last week.

Smoke rises from the site of burning railcars at a CP derailment near Guernsey, Sask., on Feb. 6, 2020. (Photo: Reuters/Nayan Sthankiya)

Canada to cut speed limits for trains hauling dangerous goods

New curb follows another Saskatchewan crash, fire

Ottawa/Winnipeg | Reuters — The federal government said Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway (CP) crude oil train derailed and caught fire. The accident, which happened in the early hours of Thursday near Guernsey, Sask., about 40 km south of Humboldt, was the second

Rail lines en route to the Port of Searsport, Maine. (BWFolsom/iStock/Getty Images)

CP to buy direct line through Quebec, Maine

Canadian Pacific Railway (CP) is set to buy its way back into Quebec’s Eastern Townships and through to eastern ports with a deal for Central Maine and Quebec Railway (CMQ). Calgary-based CP announced Wednesday it has a deal with CMQ’s owner, Fortress Transportation and Infrastructure Investors (FTAI), to buy the railway’s 774 km of rail


(Dave Bedard photo)

Third-quarter grain handle down for CN, CP

Canada’s Big Two railways both booked reduced traffic but increased their revenue per carload in their grain handling segments for their third fiscal quarters ending Sept. 30. Canadian National Railway on Tuesday reported third-quarter net income of $1.195 billion on $3.83 billion in total revenues, up from $1.134 billion on $3.688 billion in the year-earlier

(File photo by Dave Bedard)

Prairie grain freight cost index adjusted upward

Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371