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Rail News: Logistics
Canadian Pacific Railway is seeking Canadian Transportation Agency (CTA) approval to build 16 miles of lines to serve existing and planned bitumen upgrader facilities in the oil sands northeast of Edmonton, Alberta.
The Class I recently acquired land for the necessary rights of way and soon will file a project description — the first step in the federal regulatory process — with the CTA.
“Our objective will be to build in tandem with the oil sands upgraders and related businesses to create a new network of rail access and strengthen the industry’s supply chain competitiveness in world markets,” said CPR President and Chief Executive Officer Fred Green in a prepared statement.
CPR plans to spend $15 million to add distribution and logistics capacity in the oil sands, one of the world’s largest oil reserves. The railroad initially will offer transload services for inbound construction materials, including bitumen upgraders’ dimensional shipments.
“Our vision is to create a rail network focused on the movement of byproducts created from upgraders in the Industrial Heartland, which include sulphur, petroleum coke, asphaltene, and various liquids and gases,” said CPR Vice President of Marketing and Sales-Merchandise Ray Foot.
5/29/2007
Rail News: Logistics
CPR to provide rail access, transload services for Alberta oil sands shippers
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Canadian Pacific Railway is seeking Canadian Transportation Agency (CTA) approval to build 16 miles of lines to serve existing and planned bitumen upgrader facilities in the oil sands northeast of Edmonton, Alberta.
The Class I recently acquired land for the necessary rights of way and soon will file a project description — the first step in the federal regulatory process — with the CTA.
“Our objective will be to build in tandem with the oil sands upgraders and related businesses to create a new network of rail access and strengthen the industry’s supply chain competitiveness in world markets,” said CPR President and Chief Executive Officer Fred Green in a prepared statement.
CPR plans to spend $15 million to add distribution and logistics capacity in the oil sands, one of the world’s largest oil reserves. The railroad initially will offer transload services for inbound construction materials, including bitumen upgraders’ dimensional shipments.
“Our vision is to create a rail network focused on the movement of byproducts created from upgraders in the Industrial Heartland, which include sulphur, petroleum coke, asphaltene, and various liquids and gases,” said CPR Vice President of Marketing and Sales-Merchandise Ray Foot.
