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North American Railroad Shipper Survey
RBC Dominion Securities this week released its RBC Compass, 2015 North American Railroad Shipper Survey. The survey taps into the views of the Class 1 railroads’ top customers, with key findings focusing on shippers’ expectations for 2015 regarding: the direction of rail rates; volume growth; and service performance. This year, the survey also solicited shippers’…
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CN to Resolve BC Rail Car Backlog
Canadian National Railway said this week it’s alleviating a shortage of rail capacity for lumber shipments in British Columbia. The largest Canadian railroad’s ability to move wood products is gradually catching up with demand following extreme winter conditions in North America this year, Emily Hamer, a Vancouver-based CN spokesperson, said Thursday in a phone interview…
