Alabama moves into 4th gear
NewsThe Port of Alabama has started the fourth phase of its expansion plan, which focuses on near-dock rail.
CP/CN revenue drops
Canadian Pacific Rail (CP) suffered a 5% decline in revenue in Q1. Revenue in every cargo category except forest products, fertiliser and autos was down, including a 13% decline in revenue from domestic intermodal and a 2% drop from international containers. Domestic intermodal carloads fell 5% to 98,000, while international intermodal carloads were steady at 135,000.
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