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Teck and CPKC seal long-term rail agreement
CANADIAN Pacific Kansas City (CPKC) and Teck Coal Limited have entered into a long-term rail agreement for the transportation of steelmaking coal from Teck’s four operations in southeastern BC. The agreement runs until the end of 2026.
In support of building green transportation corridors and as a shared commitment to sustainability, CPKC and Teck intend to collaboratively develop a unique pilot program that integrates the use of CPKC’s hydrogen locomotives into Teck’s steelmaking coal supply chain. It is anticipated that this effort will reduce greenhouse gas emissions, with testing commencing in early 2024.
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The companies will also work together to increase the resiliency of the Canadian supply chain with investment in infrastructure and technology from origin through to destination.
“This collaboration with CPKC to pioneer hydrogen locomotive technology supports our climate action strategy and our objective of achieving net zero by 2050,” said Jonathan Price, CEO, Teck. “The agreement complements our Neptune Terminals investment and other secured West Coast port capacity to support the efficient movement of our high-quality Canadian steelmaking coal to our global customers.”
“We are pleased to have reached this agreement continuing our long history of success providing safe and efficient transportation solutions to Teck,” said Keith Creel, CPKC President and Chief Executive Officer. “CPKC is proud to work with organizations such as Teck that share our passion to be leaders for a sustainable future as we look to take the next step in the development of our innovative hydrogen locomotive programme.”
TX LOGISTIK is further expanding its fleet of own locomotives for intermodal transport. Together with the Italian railway Ferrovie dello Stato as parent company, a contract for the purchase of 40 modern Vectron locomotives in the MS variant was signed with the rail vehicle manufacturer Siemens Mobility at the transport logistic trade fair in Munich. The purchase of 25 additional Vectron locomotives was also agreed as an option, which includes both MS and AC variants.
With the purchase of the new locomotives, TX Logistik wants to create the capacities to continue to grow in international rail freight transport, for which the company is responsible within the Mercitalia-Logistics-Group (Gruppe (Gruppo FS Italiane). To this end, the machines were ordered with various country packages. 20 Vectron will be equipped for the German-Austrian-Italian corridor (D-A-I), 20 will receive the country package for operation in Germany, Austria, Switzerland, Italy and the Netherlands (D-A-CH-INL).
The first locomotives are to be handed over to TX Logistik from September 2024. Delivery of the last models is then scheduled for December 2025. Maintenance of the locomotives has also been awarded to Siemens Mobility by TX Logistik as part of a full-service contract.
At the same time, the investment in modern equipment is a further step in the consistent implementation of the FS Italiane Group's business plan.
The plan provides for investments of 2.9 billion euros over the next ten years in order to significantly promote the operational and economic development of sustainable logistics assets related to rail freight transport both in Italy and in Europe.
TX Logistik was founded in 1999 as a private rail transport company and maintains an efficient European network with connections in eleven countries.
The company has subsidiaries in Switzerland, Austria, Denmark and Sweden as well as local office in Italy. In its Intermodal and Rail Freight divi- sions, TX Logistik develops comprehensive rail solutions for continental and maritime traffic as well as tailor-made concepts for conventional freight. With around 730 employees and 9.0 billion tonne kilometres, the company generated annual sales of 298 million euros in 2022. Since January 2017, TX Logistik has been wholly owned by Mercitalia Logistics SpA, a subsidiary of Ferrovie dello Stato Italiane. www.freight-tracks.com
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