Month: December 2008

CALGARY — Canadian Pacific recently said it responded to the recent decision by the Federal Court of Appeal dismissing the appeal filed by CP regarding the adjustment to the maximum revenue entitlement under the Canada Transportation Act. CP said it will review the court’s decision and available legal recourse. The court upheld the retroactive adjustment made by the CTA on February 19 resulting in a decrease of $23M in what CP was entitled to earn for the movement of grain for a portion of the 2007/2008 crop year. CP said it will review its products and pricing as it relates

FORT WORTH, Texas — The Columbia Basin Railroad (CBRW), Louisiana & Delta Railroad (L&D) and the Texas Northwestern Railway (TXNW) each received a BNSF Shortline Achievement Award at this year’s 13th Annual Shortline Conference. “BNSF is pleased to honor these shortline railroads for their ability to provide intense customer focus, resourcefulness, operational flexibility, and a local presence in their communities,” said Pete Rickershauser, BNSF vice president, Network Development. “These shortlines have gone beyond our expectations to build new business for our railroads and new service products for our shared customers. We see their roles expanding in the future as they

In this edition: Federal authorities warn of terror plot against New York City transit systems, Amtrak chooses Joseph Boardman as its nest president and CEO and BNSF completes third line through the Cajon Pass.