Blog – Railway Sector Analysis and Commentary – April 2023
Summary:
In February 2023, Canadian railways transported 28.5 million tonnes of freight, up 5.0% from February 2022 on the strength of increasing grain shipments, marking the 10th straight month of year-over-year growth.
The volume of freight carried in February 2023 was well above the five-year average for the month, breaking the record of 27.4 million tonnes established in the same month in 2021.
To further explore current and historical data in an interactive format, please visit the "Monthly Railway Carloadings: Interactive Dashboard."
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230419/dq230419c-eng.htm
Other sources:
CN and climate change - https://www.trains.com/trn/news-reviews/news-wire/cn-tool-gives-customers-more-information-on-greenhouse-gas-emissions/
Rail Safety - https://www.brookfield.com/news-insights/insights/short-line-rail-company-leading-industry-safety-and-customer-satisfaction
Trains and clean fuel - https://fuelcellsworks.com/news/hydrogen-gassed-up-to-reduce-traditional-train-fuels-hit-carbon-goals/
Port capacity - https://www.hapag-lloyd.com/en/services-information/operational-updates/north-america.html
Mergers and acquisitions - https://www.globalrailwayreview.com/news/143201/cp-and-kcs-combine-to-create-canadian-pacific-kansas-city/
Transportation - https://finance.yahoo.com/news/global-rail-transportation-market-strategy-234500094.html
ESG and Sustainability - https://www.venasolutions.com/blog/financial-reporting/what-is-esg-reporting or https://www.accountingtoday.com/news/issb-preparing-to-go-beyond-climate-on-sustainability-standards
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul.Young@actionkpi.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
3. AGENDA
• Transportation Shipments
• % change in Transportation Shipments
• Government Policies / Rules
• Global Ranking / Quality of Infrastructure
• Global Ranking / Quality of Supply Management – Infrastructure
• Analytics / Rail Safety
• Blog – CN Rail
• Climate Change – Rail
• Summary
10. AIR TRANSPORTATION ACT
Source - https://www.mccarthy.ca/en/insights/articles/bill-c-49-shakes-air-transportation-law-canada
With the adoption of bill C-49, the terms of these exemptions have now become law and the CTA’s foreign
ownership cap has passed from 25% to 49%. That said, a single foreign corporation or entity can only own up to
25% of the voting interests, and any number of foreign airlines may together own a total of 25% of the voting
interests of a “Canadian” airline. In addition, bill C-49 does not modify the CTA’s requirement that notwithstanding
any foreign participation, a “Canadian” entity must be “controlled in fact” by Canadians.
With the adoption of bill C-49, the CTA requires that the Agency make regulations establishing a new airline
passenger rights regime. The regulations will govern flights to, from and within Canada, including connecting
flights, and will specify the requirements governing a carrier’s obligations in the case of flight delay, cancellation or
denial of boarding, as well as minimum standards of treatment, compensation and assistance in completing the
planned itinerary.
11. RAIL TRANSPORTATION ACT
Source - https://www.mccarthy.ca/en/insights/articles/bill-c-49-brings-important-changes-rail-transportation-
canada
• More reporting on shipments
• Ownership rules changes to CN
• Improvements to monitoring of Rail Systems (i.e. black box)
• Inter switching rate changes
17. ESG AND SUSTAINABILITY
Blog - The Rise of ESG 3.0 - How the Future of ESG Can Deliver Better Results - https://www.linkedin.com/posts/paul-young-055632b_the-
rise-of-esg-30-how-the-future-of-esg-activity-7034528825854095360-46L2?utm_source=share&utm_medium=member_desktop
https://www.nasdaq.com/articles/the-rise-of-esg-3.0%3A-how-the-future-of-esg-can-deliver-better-results
Here are a few links:
Additional Sources
Circular Economy - https://www.slideshare.net/paulyoungcga/what-is-the-circular-economy-and-how-can-data-and-ai-drive-outcomespptx-
257103318
Risk and Compliance - https://www.slideshare.net/paulyoungcga/strengthen-internal-controls-and-compliance-through-data-and-ai-as-part-
of-the-regulatory-and-corporate-reporting-cyclepptx
ESG and Sustainability Reporting - https://www.slideshare.net/paulyoungcga/introductory-to-esg-and-sustainability-reportingpptx
Data Management - https://www.slideshare.net/paulyoungcga/how-to-solve-data-management-isuses-for-both-the-private-and-public-
sectorspptx
Close, consolidate, and reporting - https://www.slideshare.net/paulyoungcga/close-consolidate-and-reporting-cyclepptx-256864692
Top Reporting Challenges - https://www.slideshare.net/paulyoungcga/top-reporting-challenges-facing-both-the-private-and-public-
sectorpptx
Data and AI - https://www.slideshare.net/paulyoungcga/leveraging-realtime-analytics-as-part-of-driving-data-and-ai-to-improve-business-
outcomespptx
18. SUMMARY
• Railways will continue to move forward with their green transition
Blog – Railway Sector Analysis and Commentary – April 2023
Summary:
In February 2023, Canadian railways transported 28.5 million tonnes of freight, up 5.0% from
February 2022 on the strength of increasing grain shipments, marking the 10th straight month of
year-over-year growth.
The volume of freight carried in February 2023 was well above the five-year average for the
month, breaking the record of 27.4 million tonnes established in the same month in 2021.
To further explore current and historical data in an interactive format, please visit the "Monthly
Railway Carloadings: Interactive Dashboard."
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230419/dq230419c-eng.htm
Other sources:
CN and climate change - https://www.trains.com/trn/news-reviews/news-wire/cn-tool-gives-
customers-more-information-on-greenhouse-gas-emissions/
Rail Safety - https://www.brookfield.com/news-insights/insights/short-line-rail-company-
leading-industry-safety-and-customer-satisfaction
Trains and clean fuel - https://fuelcellsworks.com/news/hydrogen-gassed-up-to-reduce-
traditional-train-fuels-hit-carbon-goals/
Port capacity - https://www.hapag-lloyd.com/en/services-information/operational-updates/north-
america.html
Mergers and acquisitions - https://www.globalrailwayreview.com/news/143201/cp-and-kcs-
combine-to-create-canadian-pacific-kansas-city/
Transportation - https://finance.yahoo.com/news/global-rail-transportation-market-strategy-
234500094.html
ESG and Sustainability - https://www.venasolutions.com/blog/financial-reporting/what-is-esg-
reporting or https://www.accountingtoday.com/news/issb-preparing-to-go-beyond-climate-on-
sustainability-standards
Source- https://www.cer-rec.gc.ca/nrg/sttstc/crdlndptrlmprdct/stt/cndncrdlxprtsrl-eng.html or https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/statistics/canadian-crude-oil-exports-rail-monthly-data.html or https://www.bst-tsb.gc.ca/eng/stats/rail/2020/08/index.html or https://www.bst-tsb.gc.ca/eng/stats/rail/2021/08/index.html or https://www.bst-tsb.gc.ca/eng/stats/rail/2022/02/r2022-02-t1.html