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