Railroad News

Canadian Pacific has submitted its 2021–2022 Winter Contingency Plan Report to the Canadian government as required by the Canada Transportation Act.

The report details CP’s plans to operate safely and efficiently when it encounters winter weather conditions during the upcoming 2021–2022 season.

Long-term shareholders CIFF Capital UK LP and The Children's Investment Master Fund, acting by their investment manager TCI Fund Management Ltd., yesterday confirmed they will nominate four independent directors to CN's board at the company's special meeting of shareholders on March 22, 2022.

Those candidates are:
• Gilbert Lamphere, a railroad executive with 40 years of experience in the industry. Lamphere has been a board member of several public and private railroad companies.
• Allison Landry, currently an independent director on the board of XPO Logistics Inc. Landry previously spent 16 years as an equity research analyst at Credit Suisse specializing in the railroad, trucking, airfreight and logistics industries.
• Rob Knight, former chief financial officer of Union Pacific Railroad, a position he held for 15-years. During Knight's 40-year tenure at UP, he held a variety of senior executive positions, including general manager of the company's energy and automotive businesses.
• Paul Miller, an expert in transportation, logistics, safety management and regulatory affairs and a former executive at CN from 1978-2011. During his 33-year career at the company, Miller held leadership roles in operations, marketing and planning. He retired as CN's vice president of safety, sustainability and network transportation in 2011.

Each member of the supply chain must focus on optimizing their part of it and keep communicating with other players both upstream and downstream to address challenges, according to Union Pacific Railroad's Inside Track newsletter.

Changes in consumer spending habits during the pandemic, labor shortages in the trucking and warehousing industries, and final-mile delivery delays are contributing to industry-wide supply-chain shortages in the United States, wrote Elise Gosch, UP's assistant vice president of marketing and sales-premium intermodal.