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FROM MY RECORDS-CP RAIL TRAINSPOTTING-PORT COQUITLAM(VANCOUVER AREA)B.C.-CIRCA-1995
Donald Scott <[email protected]
Continued from May 25, 1999.
CP Rail Port Coquitlam, BC.(Westend of Yards) May 1, 1995 1851-Deadhead from south/west line Westminster sub, had brought in intermodal train from east to CP's Mayfair Intermodal Terminal-power to shop for tie-up: SD40 55001-SD40-2 5772-B unit-Hatx SD40-2 900-SD40-2 5972. Remarks Hatx unit 900 ex Union Pacific. May 7, 1995 Same location 1910-Power for westbound transfer: GP-35 5010-Hatx GP-40 519-GP-35 5011. Remarks" Hatx unit 519 painted maroon with blue painted cab. Westend yard engines: GP-9's 1579, 1589( in candy apple red) 1920- Transfer from soth/west off Westminster sub-GP-35 5015-Hatx-GP-40 516-GP-35's5002-5023. Part of consist: BC Rail loaded forest product car, Milwaukee Road cars, Soo grain cars etc.A long train. May 18, 1995 Same location: 0820-Runthrough grain unit train from east to Vancouver: Two* SD40-2's-Two leased Conrail General Electric-U-Boats. * Symbol denotes CP power in candy apple red-dual flag logo. Observed near diesel shop -eastend-Soo Line SD40-2 6600 or 700 series Candy apple red, plus Soo 700 series same scheme, Conrail SD40-2, Helm Leasing GP-40. June 1, 1995 Same location-westend of yard: 1925-Light arriving from downtown Vancouver-GP-35 ????-GP-9u 8213-GP-35 ???? 1931-Transfer to south/west line Westminster sub-GP-35's 5016-5022. 1933-Transfer for CP Mayfair Intermodal Terminal south/west line Westminster sub: GP-35 5024-GP-9u 8213-GP-35 5007. In consist International containers, including CP Ship's Canada Maritime, CP Rail Intermodal Freight Service domestic double-stacks, othe CP Rail containers with "Bear Logo". 1952-Deadhed out on south/west line Westminster sub-GP-35 5010-Hatx GP40-2 519-Hatx GP40-2 516-GP-35 5013 Remarks Hatx unit 516 still in Guilford paint scheme. CP Ships Buys Cast Containerline Group-Circa 1994/1995 CP Ship's subsidiary Canada Maritime finished the deal to buy all of Cast's container business, its brand name and its assets for an undisclosed sum CP will put $50 million into the bankrupt container line.Cast registered in Bermuda will be run separately with their own schedules, fleet of ships & sales and marketing operations. Both Canada Maritime and Cast together will form the North Atlantic's largest container shipper controlling 80% of the business in the Port of Montreal. The purchase of Cast is also important to CP Rail System , because Cast was a big user of the railway. Cast annual sales of $350 million compared with $560 million for Canada Maritime. Cast has lost $143 million since 1991. CP Ships pumped $50 million working capital into Cast. The Royal Bank of Canada in 1994 refused to lend more money to Cast. The bank wrote off its Cast loans, and seized assets including the fleet. It then sold Cast to CP Ships. Cast ran out of cash. For a period in the 1980's CN had an interest in Cast Container Line, ending up losing between $60 million to $80 million with an interest in the shipping line. To Be Continued At a Later Date. Don Scott-Coquitlam, B.C. |
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