Canadian National, Canadian Pacific settle Chicago interchange dispute

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WASHINGTON — Canadian National and Canadian Pacific have reached an interim agreement that settles their Chicago interchange dispute while the railroads await a formal Surface Transportation Board decision on the matter. CP informed the board of the interim agreement in a filing last week. Under the terms of the deal, CN will deliver CP-bound interchange […]

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Bill Gates: Software mogul or railroad tycoon? NEWSWIRE

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SEATTLE — Bill Gates: Software mogul or railroad tycoon? Gates is best known for being the co-founder of Microsoft, a founding father of the personal-computing era, his current career as a philanthropist, and his status as one of the richest people on the planet. He’s also an investor in railroad stocks. Cascade Investment LLC, the […]

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STB urges mediation in Amtrak-CN contract renewal dispute

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WASHINGTON — The Surface Transportation Board will appoint a mediator to resolve differences in long-simmering operating agreement negotiations between Amtrak and Canadian National. The agency’s decision, released late last week, provides a rare glimpse inside a document which governs on time performance measurement, financial incentives, and penalties. Amtrak and its hosts generally keep contract details […]

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CN, CP optimistic about prospects for more crude oil traffic NEWSWIRE

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Canadian National power leads a westbound empty oil unit train through River Forest, Ill., on the Union Pacific on Aug. 25, 2018. TRAINS: David Lassen Canadian National and Canadian Pacific are cautiously optimistic that Alberta crude oil shipments will rise significantly this year if production curtailments are eased and the province’s crude-by-rail contracts are shifted […]

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CN names Trent chief digital officer NEWSWIRE

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MONTREAL – Canadian National Railway has named David Trent vice president and chief digital officer, saying his role will be part of the railroad’s “objective of modernizing its scheduled railroading model.” Trent has more than 20 years of information technology experience. Most recently, he was vice president, technology and digital, at Canfor Corp., the Vancouver, […]

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