Canada’s big two railways have both overshot the maximum revenue they’re allowed to keep for ferrying the 2016-17 grain crop off the Prairies. The Canadian Transportation Agency on Thursday issued […] Read more
Tag Archives canadian national
CN, CP roll over revenue caps for 2016-17
CN conductors ratify labour deal
An 11th-hour labour deal that averted a strike in late May by conductors and yard crews for Canadian National Railway has been ratified. Members of the Teamsters Canada Rail Conference’s […] Read more
CP, CN both top their Prairie grain revenue caps
The Western Grains Research Foundation (WGRF) can soon expect a late gift of over $4.4 million in surplus Prairie grain freight revenue, according to a new ruling from the Canadian […] Read more
CN books lower first-quarter grain handle
Higher revenue per carload offset reduced grain and fertilizer traffic for Canadian National Railway (CN) in its first fiscal quarter. Montreal-based CN on Monday reported overall net income of $792 […] Read more
CN to challenge latest grain revenue penalty
Ordered to hand over more than $7 million in Prairie grain handling revenue and related fines for the 2014-15 crop year, Canadian National Railway now plans to challenge the bill […] Read more
CN, CP both over revenue limits for 2014-15 grain haul
Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. […] Read more
More grain revenue on less grain in CN’s Q3 ledger
Lower grain traffic compared to last year’s record crop year hasn’t translated to lower third-quarter grain revenue for Canadian National Railway (CN). Montreal-based CN on Tuesday booked overall net income […] Read more
Tumour surgery to sideline CN chief
The CEO of Canada’s biggest rail network expects to be off work until late fall for surgery and radiation treatments on a precancerous tumour. Canadian National Railway’s (CN) chief executive […] Read more
CN, CP book higher grain revenues in Q1
A bump in gross revenue from grain handling helped to improve first-quarter results for both of Canada’s big two railways. Canadian National Railway (CN) on Monday reported overall net income […] Read more