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CN Rail Shuts Down Freight Service In B.C. Due To Flooding
Canadian National Railway (TSX:CNR) has shut down its freight service in British Columbia leading to the Port of Vancouver because of heavy rain and flooding.
The Montreal-based railway says it decided to 'proactively close its network' because rain was causing increased debris, washouts, and landslide activity.
CN Rail says northbound and eastbound traffic to and from the City of Vancouver are still affected by the flooding and rain.
Canadian Pacific Railway (TSX:CP) cars loaded with grain and fuel entered Vancouver last Wednesday (November 24) for the first time in days after its rail corridor sustained heavy damage in 30 locations between Vancouver and Kamloops, British Columbia.
Calgary-based CP Rail says it needs access to CN tracks on its busiest corridor where they share rail infrastructure to maximize its capacity.
At the Port of Vancouver, Canada's busiest port, a high number of cargo ships are anchored and hampered from unloading their loads while empty shipping containers are being rushed back to Asia.
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