Railroad News

Rail News Home Canadian National Railway - CN 11/3/2021 Rail News: Canadian National Railway - CN
CN and Progress Rail today announced they're partnering with Renewable Energy Group (REG) to test high-level renewable fuel blends, including both biodiesel and renewable diesel.Trials and qualifications of up to 100% bio-based diesel fuel are important steps in reducing greenhouse gas (GHG) emissions from CN’s existing locomotive fleet, while alternative propulsion locomotive technologies are being developed, CN and Progress Rail officials said in a joint press release.The program will allow CN and Progress Rail to better understand the long-term durability and operational impacts of renewable fuels on locomotives, especially in cold weather, and plan needed modifications to fully leverage their usage over the next decade, they said.Rail has the potential to reduce the environmental impact of transportation services, as shipping heavy freight by rail can reduce carbon emissions by up to 75% when compared to trucks.Looking to 2030 and beyond, reducing fossil carbon emissions associated with rail transportation will continue to require innovative fuel-efficient technologies, the greater use of cleaner sustainable fuels and designing innovative low emission supply chain solutions through investments and collaboration, they added.

Rail News Home Canadian Pacific 11/2/2021 Rail News: Canadian Pacific
CP announced in December 2020 it would design and build North America's first line-haul hydrogen-powered locomotive using fuel cells and batteries to power the locomotive's electric traction motors. Photo – cpr.ca

Rail News Home Canadian National Railway - CN 11/2/2021 Rail News: Canadian National Railway - CN
CN today issued a letter to shareholders in connection with its upcoming special meeting slated for March 22, 2022, and in response to recent materials filed by CIFF Capital and TCI Fund Management (collectively TCI).The letter outlines what CN's board and management team believe are TCI's "misleading claims" about the company, which CN officials said have been "disruptive" to the railroad's "sustainable value creation efforts."TCI — the largest shareholder of Canadian Pacific, CN's direct competitor — recently increased its stake in CN so that it could launch a hostile effort to replace four of CN's independent board directors and direct the selection of the company's next executive officer."We believe that as you come to learn more about TCI and its plans for CN, you will see that its motives are highly suspect and its approach to railroading is outdated, myopic and destructive to longer term value," CN's letter states.A copy of CN's letter can be accessed by clicking here.