Railcar Puzzle and Commodity Matching Game
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2018 Annual Report Built Drive to Growth
BUILT TO DRIVE GROWTH 2018 ANNUAL REPORT BUILT TO DRIVE BUILT GROWTH CP 2018 ANNUAL REPORT PERFORMANCE HIGHLIGHTS $ in millions, except per share data, ratios or unless otherwise indicated 2014 2015 2016 2017 2018 EXCHANGELISTINGS FINANCIAL HIGHLIGHTS Total revenues $ 6,620 $ 6,712 $ 6,232 $ 6,554 $ 7,316 The common shares of Canadian Pacific Railway Limited are (1) Operating income 2,202 2,618 2,411 2,519 2,831 listed on the Toronto and New York stock exchanges under Adjustedoperatingincome(1)(2) 2,198 2,550 2,411 2,468 2,831 the symbol CP. Operating ratio (1) 66.7% 61.0% 61.3% 61.6% 61.3% Adjusted operating ratio (1)(2) 66.7% 62.0% 61.3% 62.4% 61.3% Net income 1,476 1,352 1,599 2,405 1,951 Adjusted income (2) 1,482 1,625 1,549 1,666 2,080 CONTACTUS Diluted earnings per share (EPS) 8.46 8.40 10.63 16.44 13.61 Investor Relations AdjusteddilutedEPS(2) 8.50 10.10 10.29 11.39 14.51 Email: [email protected] Cash from operations 2,123 2,459 2,089 2,182 2,712 Free cash (2) 969 1,381 1,007 874 1,289 Canadian Pacific Investor Relations Return on invested capital (ROIC) (2) 14.4% 12.9% 14.4% 20.5% 15.3% 7550 Ogden Dale Road S.E. Adjusted ROIC (2) 14.5% 15.2% 14.0% 14.7% 16.2% Calgary, AB, Canada T2C 4X9 Shareholder Services STATISTICAL HIGHLIGHTS(3) Email: [email protected] Revenue ton-miles (RTMs) (millions) 149,849 145,257 135,952 142,540 154,207 Canadian Pacific Shareholder Services Carloads (thousands) 2,684 2,628 2,525 2,634 2,740 Office of the Corporate Secretary Gross ton-miles (GTMs) (millions) 272,862 263,344 242,694 252,195 275,362 7550 Ogden Dale Road S.E. -
Prices and Costs in the Railway Sector
ÉCOLE POLYTECHNIQUE FÉDÉRALEDE LAUSANNE ENAC - INTER PRICESPRICES AND AND COSTS COSTS ININ THE THE RAILWAY RAILWAY SECTOR SECTOR J.P.J.P. Baumgartner Baumgartner ProfessorProfessor JanuaryJanuary2001 2001 EPFL - École Polytechnique Fédérale de Lausanne LITEP - Laboratoire d'Intermodalité des Transports et de Planification Bâtiment de Génie civil CH - 1015 Lausanne Tél. : + 41 21 693 24 79 Fax : + 41 21 693 50 60 E-mail : [email protected] LIaboratoire d' ntermodalité des TEP ransports t de lanification URL : http://litep.epfl.ch TABLE OF CONTENTS Page 1. FOREWORD 1 2. PRELIMINARY REMARKS 1 2.1 The railway equipment market 1 2.2 Figures and scenarios 1 3. INFRASTRUCTURES AND FIXED EQUIPMENT 2 3.1 Linear infrastructures and equipment 2 3.1.1 Studies 2 3.1.2 Land and rights 2 3.1.2.1 Investments 2 3.1.3 Infrastructure 2 3.1.3.1 Investments 2 3.1.3.2 Economic life 3 3.1.3.3 Maintenance costs 3 3.1.4 Track 3 3.1.4.1 Investment 3 3.1.4.2 Economic life of a main track 4 3.1.4.3 Track maintenance costs 4 3.1.5 Fixed equipment for electric traction 4 3.1.5.1 Investments 4 3.1.5.2 Economic life 5 3.1.5.3 Maintenance costs 5 3.1.6 Signalling 5 3.1.6.1 Investments 5 3.1.6.2 Economic life 6 3.1.6.3 Maintenance costs 6 3.2 Spot fixed equipment 6 3.2.1 Investments 7 3.2.1.1 Points, switches, turnouts, crossings 7 3.2.1.2 Stations 7 3.2.1.3 Service and light repair facilities 7 3.2.1.4 Maintenance and heavy repair shops for rolling stock 7 3.2.1.5 Central shops for the maintenance of fixed equipment 7 3.2.2 Economic life 8 3.2.3 Maintenance costs 8 4. -
Transport Vehicles and Freight Containers on Flat Cars
Pipeline and Hazardous Materials Safety Admin., DOT § 174.61 For the applicable address and tele- is also within the limits of the design phone number, see § 107.117(d)(4) of this strength requirements for the doors. chapter. A leaking bulk package con- [Amdt. 174–83, 61 FR 28677, June 5, 1996, as taining a hazardous material may be amended at 68 FR 75747, Dec. 31, 2003; 76 FR moved without repair or approval only 43530, July 20, 2011] so far as necessary to reduce or to eliminate an immediate threat or harm § 174.57 Cleaning cars. to human health or to the environment All hazardous material which has when it is determined its movement leaked from a package in any rail car would provide greater safety than al- or on other railroad property must be lowing the package to remain in place. carefully removed. In the case of a liquid leak, measures must be taken to prevent the spread of § 174.59 Marking and placarding of liquid. rail cars. [65 FR 50462, Aug. 18, 2000] No person may transport a rail car carrying hazardous materials unless it is marked and placarded as required by Subpart C—General Handling and this subchapter. Placards and car cer- Loading Requirements tificates lost in transit must be re- placed at the next inspection point, § 174.55 General requirements. and those not required must be re- (a) Each package containing a haz- moved at the next terminal where the ardous material being transported by train is classified. For Canadian ship- rail in a freight container or transport ments, required placards lost in tran- vehicle must be loaded so that it can- sit, must be replaced either by those not fall or slide and must be safe- required by part 172 of this subchapter guarded in such a manner that other or by those authorized under § 171.12. -
WU Editorials & Model Stop
volume one, number two a supplement to walthers ho, n&z and big trains reference books CLASSICS Model Power Acquires Mantua Model Power is pleased to announce its acquisition of Mantua Industries. A respected manufacturer of locomotives and rolling stock for model railroaders since 1926, Mantua is headquartered in Woodbury, New Jersey. Together these manufacturers have a total of over 110 years of experience and service to the model railroad industry. Model Power has purchased all HO tooling, molds, parts and dies from Mantua Industries and retains rights to the name “Mantua.” Model Power will also be forming a new division called Mantua Classics whose initial production plans for 2003 include the following locomotives: Pacific, Berkshire, 2-6-6-2, 2-6-6-0, Camelback and 0-6-0 Tank. The overall goal will be to produce quality products, fine-tune performance, enhance detail and dramatically cut the prices of steam locomotives. For modelers concerned about what this acquisition means in terms of products and customer service, here are steps now being taken by Model Power: 1. Most parts are or will be in stock 2. Metal boiler locomotives will be made with extra details not previously included 3. Steam locomotives will be DCC compatible with an 8-prong receiver 4. Tenders will be made with electrical pickup 5. Drive trains for F7s will be flywheel driven and carry the high-tech F7 metal body used in Model Power’s MetalTrain™ Model Power is proud to offer its customers more—more details, more quality and performance, more choices— with Mantua Classics. -
N Scale SW1500 Locomotives & Train
January 2017 Denver & Rio Grande Western® Road Number 810419 This 89’ tri-level closed autorack is orange with black lettering and aluminum roof and runs on Barber Roller Bearing trucks. Built in 1979 as part of series 810352-810456, this enclosed autorack design became the universal standard for most railroads by the mid 1970s, as it prevents vandalism and pilferage and helps to protect vehicles from the elements. This D&RGW marked autorack rides on an ETTX flat. DRGW® is a registered trademark of the Union Pacific Railroad. #111 00 220...$44.95 Shell Oil Louisville & Nashville Road Numbers SCMX 1005/1006 Road Number 41044 These 39’ single dome tank cars are aluminum with black lettering and run on Bettendorf trucks. Built This 50’ auto box car with double side doors and end door is grey with yellow ends and roof and in 1941 at the Milton, PA plant and assigned road numbers 1005 and 1006, these cars were used in the one yellow door and runs on Bettendorf trucks. The Louisville & Nashville railroad used boxcars and transportation of chemical solvents and raw materials for synthetic rubbers. piggyback trailers for transporting company material between cities. Originally red with white reporting marks, they were repainted into the yellow and grey scheme, denoting company materials service in the ONLY TWO NUMBERS early 1970s. #065 00 921...$26.90 #065 00 922...$26.90 #078 00 140...$27.90 Port Huron & Detroit NASA Series Road Number PHD 1042 Road Number NLAX 127 This 50’ rib side box car with single door and no roofwalk is blue with white band and herald and runs on Barber This 57’ converted TOFC flat car is brown with white lettering and runs on Barber Roller Bearing trucks. -
Economics of Improved TOFC/COFC Systems Robert H
6 basis. On a "maximum" cost basis, however, the ser high-rate service. At profitable rates, the Philadelphia vice is unprofitable at all rate levels. Cleveland and Chicago-Houston services would carry only 13 and 21 trailers a day, respectively. This dif Chicago-Houston City Pair fers from the more conventional concept of a TOFC shuttle train service, such as the "Slingshot," which The long distance between Chicago and Houston dis emphasizes low rates and high volume. It would be tinguishes this city pair from the other two. Al interesting to repeat this analysis assuming a lower though both rail and truck service tends to be fairly cost, but slower, less reliable service. It is possible good, a reliable TOFC shuttle train service is believed that such a service might prove more profitable than to offer some improvement in service over both. De the premium service hypothesized here. spite its long distance, the traffic between this pair of These models have allowed us to understand the cities is fairly heavy-roughly the same as between consequences of the multitude of individual firm deci Philadelphia and Cleveland. One might speculate that sions that will determine the market for a service. As the economies of rail line-haul operation would make such, they represent a considerable advance over other a TOFC shuttle train a profitable undertaking between methods, such as aggregate econometric models, which this pair of cities. require gross assumptions about the relationship of Figure 4 presents the comparison of revenues and transportation demand to the economy of a region. costs at various rate levels for the Chicago-Houston Better industry data, production-type demand models, TOFC shuttle train service. -
1991 Rail Vs Truck Fuel Efficiency
Rail vs. Truck Fuel Efficiency: U.S. Department The Relative Fuel Efficiency of Truck of Transportation Competitive Rail Freight and Federal Railroad Administration Truck Operations Compared in a Range of Corridors Office of Policy FINAL REPORT Abacus Technology Corporation Chevy Chase, Maryland Moving America New Directions, New Opportunities DOT/FRA/RRP-91/2 April 1991 Document is available to the public through the National Technical Information Service, Springfield, VA 22161 Technical Report Documentation Page 1 • R e p o rt N o . 2. Government Accession No. 3. Recipient's Catolog No. FRA-RRP-91-02 4. Title and Subtitle 5. Report Date Rail vs Truck Fuel Efficiency: The Relative Fuel Efficiency of Truck Competitive Rail Freight and Truck 6. Performing Organizotion Code Operations Compared in a Range of Corridors 8. -Performing Organization Report No. 7. Authors) Abacus Technology Corporation 9. Performing Organization Name and Address 10. Work Unit No. (TRAIS) Abacus Technology Corporation 5454 Wisconsin Avenue, Suite 1100 11. Contract or Grant No. DTFR-53-90-C-00017 Chevy Chase, Maryland 20815 13. Type of Report and Period Covered 12. Sponsoring Agency Name and Address U.S. Department of Transportation Final Report Federal Railroad Administration Office of Policy, RRP-32 14. Sponsoring Agency Code Washington, DC 20590 Federal Railroad Admin. 15. Supplementary Notes William Gelston (Chief, Economic Studies Division, FRA), Project Sponsor Marilyn W. Klein (Senior Policy Analyst, FRA), Project Monitor 16. Abstract This report summarizes the findings of a study to evaluate the fuel efficiency of rail freight operations relative to competing truckload service. The objective of the study was to identify the circumstances in which rail freight service offers a fuel efficiency advantage over alternative truckload options, and to estimate the fuel savings associated with using rail service. -
Chapter 14 Yards and Terminals1
CHAPTER 14 YARDS AND TERMINALS1 FOREWORD This chapter deals with the engineering and economic problems of location, design, construction and operation of yards and terminals used in railway service. Such problems are substantially the same whether railway's ownership and use is to be individual or joint. The location and arrangement of the yard or terminal as a whole should permit the most convenient and economical access to it of the tributary lines of railway, and the location, design and capacity of the several facilities or components within said yard or terminal should be such as to handle the tributary traffic expeditiously and economically and to serve the public and customer conveniently. In the design of new yards and terminals, the retention of existing railway routes and facilities may seem desirable from the standpoint of initial expenditure or first cost, but may prove to be extravagant from the standpoint of operating costs and efficiency. A true economic balance should be achieved, keeping in mind possible future trends and changes in traffic criteria, as to volume, intensity, direction and character. Although this chapter contemplates the establishment of entirely new facilities, the recommendations therein will apply equally in the rearrangement, modernization, enlargement or consolidation of existing yards and terminals and related facilities. Part 1, Generalities through Part 4, Specialized Freight Terminals include specific and detailed recommendations relative to the handling of freight, regardless of the type of commodity or merchandise, at the originating, intermediate and destination points. Part 5, Locomotive Facilities and Part 6, Passenger Facilities relate to locomotive and passenger facilities, respectively. -
Product Guide
2019 PRODUCT GUIDE *Layout and photo by Jay Oberg Experience & Quality You Can Depend On Dear Model Railroader: Welcome to our 2019 Micro-Trains Product Guide. Located in Southern Oregon, Micro-Trains manufactures premier N and Z scale rolling stock, our popular Magne-Matic® Coupler Welcome System, and a variety of model railroad tools and accessories, in our 33,000 sq ft factory. And we’ve been at it for over 46 years! During 2019, we have an array of all new model railroad products, that we’ll be designing, tooling and producing for you, our valued customer. This year our new tooling will include our 11th Heavyweight Passenger car, in this series; the Single Window Coach Car. And given the popularity of our N scale DODX 68’ flat car with military loads; we’ll be producing our own injection-molded multipurpose, light 4-wheel drive military utility vehicle known as the Humvee, as the next military load for our DODX flat cars. Already underway, Micro-Trains has been enhancing our ever-popular 40’ and 50’ box cars by lowering the car’s underframe to the rail, and offering “cored through”, injection-molded roof walks, similar to what we’ve already done with our 50’ box car roof walks. In addition, we’re modifying the cars to body-mount couplers, and where appropriate adding etched metal brake platforms to the car ends. We’re essentially making the best N scale rolling stock, even better! In addition to tooling up all new rail cars and accessories, Micro-Trains continues the tradition of issuing prototypical railcar series during 2019; we’ll be introducing our “Farm- to-Table” Reefer series in both N and Z scale. -
Development in Intermodal Equipment
ISSN 1052-7524 Proceedings of the Transportation Research Forum Volume 7 1993 35th TRF Annual Forum New York, New York October 14-16, 1993 High Speed Rail and Freight Railroads 107 Developments in Intermodal Equipment' Dean Wise, Moderator Vice President Mercer Management Consulting This panel topic is developments in double-stack — and talk about some of i ntermodal equipment. My name is the new developments. Dean Wise. I am a Vice President with Mercer Management Consulting based in Our speakers today are going to cover Boston. the view from the leasing industry. Charlie Wilmot is going to go first. Thinking back on this subject, one of the Then we are going to move to one of the first conferences I went to after I joined innovators in equipment, Larry Gross, Mercer (formerly Temple, Barker & who is President of RoadRailer. Then Sloan) was a conference where the we are going to go to the crazy idea edge subject was also intermodal equipment. by hearing from Dick Sherid, who is This was in 1982 or 1983. Back then, a with CSX. He is going to talk about the lead discussion was on whether we really Iron Highway, which is an idea that has needed to go from a 40-foot intermodal been around but that I think most trailer to a 45-foot trailer. people still aren't quite tuned in to. At the time, the motor carrier industry Our first speaker, Charlie Wilmot, is Was starting to standardize it at 48, so Vice President at XTRA Corporation. some people were saying,the competitors XTRA is one of the two leading leasing are already out eight feet and we are companies that provide intermodal thinking, do we need to go another five. -
Montana HI-LINE
Montana HI-LINE USER MANUAL Contents Introduction, History, Operations Page 2 Locomotives, Overview Page 2 Locomotives, Cab Controls Page 4 Rolling Stock Page 6 Scenarios Page 10 Signals and Infrastructure Page 12 Route Maps Page 14 Credits and Acknowledgements Page 15 ©Copyright 2019 VNHRR and Dovetail Games, all rights reserved Rev 4, 2019 Page 1 Introduction This route is a model of the east half of the BNSF Hi-Line Subdivion, which runs straight across Montana's high plains from Shelby to Havre. Its western terminus, Shelby, connects to the Marias Pass route DLC from Dovetail Games, thus completing the entire Hi-Line Subdivision from Whitefish to Havre in Train Simulator. History The Hi-Line subdivision is part of BNSF's busy northern transcontinental mainline (Chicago-Seattle). It was originally built in the late 19th century by James J. Hill's Great Northern Railway (GN) and is the northernmost of the transcontinental railroads in the United States. The building of the Great Northern mainline brought a settlement boom to the plains of Montana, many of the small towns and villages along what is today called the Hi-Line subdivision where established during or shortly after the construction of the railroad. Havre and Shelby, the two end points of this route, were important junction points on the Great Northern. At Havre, a secondary mainline, routed through the beautiful upper Missouri canyon, branched off towards Great Falls, MT, an important traffic hub in the GN network. That line no longer exists today, only two short branch lines from Havre to Big Sandy in the north and from Great Falls to Fort Benton in the south remain in (very infrequent) service. -
Investing in Mobility
Investing in Mobility FREIGHT TRANSPORT IN THE HUDSON REGION THE EAST OF HUDSON RAIL FREIGHT OPERATIONS TASK FORCE Investing in Mobility FREIGHT TRANSPORT IN THE HUDSON REGION Environmental Defense and the East of Hudson Rail Freight Operations Task Force On the cover Left:Trucks exacerbate crippling congestion on the Cross-Bronx Expressway (photo by Adam Gitlin). Top right: A CSX Q116-23 intermodal train hauls double-stack containers in western New York. (photo by J. Henry Priebe Jr.). Bottom right: A New York Cross Harbor Railroad “piggypacker” transfers a low-profile container from rail to a trailer (photo by Adam Gitlin). Environmental Defense is dedicated to protecting the environmental rights of all people, including the right to clean air, clean water, healthy food and flourishing ecosystems. Guided by science, we work to create practical solutions that win lasting political, economic and social support because they are nonpartisan, cost-effective and fair. The East of Hudson Rail Freight Operations Task Force is committed to the restoration of price- and service-competitive freight rail service in the areas of the New York metropolitan region east of the Hudson River. The Task Force seeks to accomplish this objective through bringing together elected officials, carriers and public agencies at regularly scheduled meetings where any issue that hinders or can assist in the restoration of competitive rail service is discussed openly. It is expected that all participants will work toward the common goal of restoring competitive rail freight service East of the Hudson. ©2004 Environmental Defense Printed on 100% (50% post-consumer) recycled paper, 100% chlorine free.