China to pour at least $2.3 billion for line to Kyrgyzstan-Uzbekistan

The financing agreement details of the China-Kyrgyzstan-Uzbekistan (CKU) line have been revealed. The project is expected to cost 4.7 billion US dollars in total. According to Kyrgyz railway officials, China is expected to fund 51 per cent of the project’s costs with a loan of 2.3 billion US dollars. Kyrgyzstan and Uzbekistan will need to…

Canada-US-Mexico services start to deliver for CPKC

Combining CP and KCS networks enables CPKC to transport cargo from Mexico to more US and Canadian destinations, shifting focus to longer haul routes. Speaking to CPKC’s results for Q1 2024, John Brooks, the company’s Executive Vice President and Chief Marketing Officer, said the newly merged railroad is starting to achieve one of its key…