A new rail shipping rule is poised to drive up inefficiency and consumer costs. Or it will drive them straight down. It depends who you ask. Set to come into effect with Ottawa’s federal budget bill, an obscure law has Canada’s two main railways fighting back over concerns about expenses and congestion, with the drama […]
The Scott Moe government is providing $530,000 to short line railways operating in Saskatchewan. Agriculture Minister David Marit, says the funds cover up to 50 percent of eligible track and construction costs for the short line railways. He says short lines are important for grain shipments and other products. There are 13 short line railways […]
The latest statistics from the Ag Transport Coalition show a decline in service levels during shipping week 27, which ran from January 31st to February 6th. The Ag Transport Coalition monitors railway performance on behalf of a number of groups that includes farmers and grain companies. It says CN met only 63 percent of car […]
Western Canadian Wheat Growers applaud the railways for record January grain shipments but worry about the impact from the current frigid weather. Wheat Growers chair Daryl Fransoo says bitterly cold weather in the past has slowed grain shipments and he fears a repeat this month. He expects there may be some reduced movement but he […]
Canadian Pacific Railway Ltd. says it moved a record amount of grain in January, topping its previous best for the month set last year. The railway says it carried 2.22 million metric tonnes of Canadian grain and grain products in January. The result was up six per cent from January 2020. CP Rail says it […]
CP Rail set a record grain movement of 31.3 million tons in calendar year 2020. The president of APAS, Todd Lewis, says both railways have seen booming grain exports this past year. He calls it good news and says it points to the demand for prairie grain. Meanwhile, the Canadian Transportation Agency has ruled the […]
The two Canadian railways are setting new records for grain shipments. CP Rail set a new company record of 3 million tons of grain shipped in October, and CN set a railway record of 3.27 million tons moved to port last month. The chair of SaskWheat, Brett Halstead of Nokomis, welcomes the news but says […]
Canadian Pacific Railway Ltd. has significantly lowered its financial guidance due to the fallout from the COVID-19 pandemic, saying a drop in crude oil and automotive shipments will outweigh gains in grain traffic. The company forecasts that revenue ton miles — a key industry metric — will fall by mid-single digits and that adjusted diluted […]