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Canadian railways, government have big plans for Vancouver and Prince Rupert

(Source: Freight Waves, September 13, 2019)

CHATTANOOGA, Tenn. — Canadian National (NYSE: CNI) and Canadian Pacific (NYSE: CP), as well as the Canadian government, are investing millions of dollars in infrastructure improvements to support anticipated volume growth at the ports of Vancouver and Prince Rupert. The railways see Vancouver and Prince Rupert as alternatives to the bustling ports of Los Angeles and Long Beach in California because Vancouver and Prince Rupert have cost-competitive access to the Midwest.

Full story: Freight Waves

Monday, September 16, 2019

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