Buffalo Rail & Infrastructure Corp has acquired Canfor Pulp Products’ recently discontinued pulp mill assets in Taylor, BC.
News in transportation
Union for Workers at Canada’s Two Largest Rail Operators Warns of Work Stoppage as Talks Stall
The union representing 9,300 workers at Canada’s two largest rail operators said negotiations have deadlocked, risking a work stoppage, FreightWaves reported.
US Rail Traffic Declines 4.1% in the Week Ending January 13th
Total weekly rail traffic was 457,453 carloads and intermodal units, down 4.1% compared to the same week last year, the American Association of Railroads reported.
December Snowstorm Racks Up Significant Financial Losses for Maine’s Forestry Industry
A survey by the Professional Logging Contractors of the Northeast shows a large winter storm in Maine on December 18th has caused disruptions and large financial losses, Mainebiz reported.
Canadian National to Acquire Iowa Northern Railway
Canadian National Railway (CN) has signed and closed an agreement to acquire Iowa Northern Railway (IANR). IANR operates approximately 275 track miles in Iowa connecting to CN’s US network.
US Weekly Rail Traffic Up 3% Year-Over-Year in the Week Ending October 7th
The Association of American Railroads reported that total US weekly rail traffic increased 3.0% compared with the same week last year.
North American Rail Traffic Report for the Week Ending September 30th
US weekly rail traffic increased 2.8% compared with the same week last year, according to the Association of American Railroads.
Canadian Railway Cargo Volume Slips for Third Consecutive Month in July
StatCan reported that in July, the volume of cargo carried by Canadian railways totaled 28.9 million tons. Year-over-year, that reflects a 5.1% loss of tonnage.
US, Canada, Mexico Rail Traffic Data for the Week Ending September 2nd
US rail traffic was 476,851 carloads and intermodal units, the Association of American Railroads reported. Year-over-year, the volume is 5.4% lower.
CSX Provides Update on Hurricane Idalia’s Impact on Rail Operations
CSX has said it is in the process of “evaluating the impacts” of Hurricane Idalia on its rail network and implementing service recovery plans, according to FreightWaves.