Blog – Sector – Rail Transportation – Canada and the World – July 2023 Summary / Canada Canadian railways transported 30.7 million tonnes of freight in May, down 5.0% compared with May 2022, and the first such decline in 12 months. Strong growth in carloadings of grain tempered the overall decrease. Despite this decline, freight traffic volume was just below the five-year average of 31.6 million tonnes for May 2023. Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230720/dq230720d-eng.htm Additional sources and links: Rail volumes - https://www.trains.com/trn/news-reviews/news-wire/weekly-u-s-rail-traffic-still-down-but-by-less/ Railway / Climate - https://news.sky.com/story/trains-to-europe-may-be-better-for-the-climate-but-theyre-four-times-more-expensive-than-flying-12924080 Capital investments - https://www.trains.com/trn/news-reviews/news-wire/cpkc-raises-merger-related-growth-expectations-to-5-billion-in-new-revenue/ ESG - https://finance.yahoo.com/news/mind-data-gap-industry-relevant-070000133.html Green locomotive - https://www.bloomberg.com/press-releases/2023-07-13/vale-partners-with-wabtec-on-alternative-fuels-study-and-orders-three-flxdrive-battery-electric-locomotives