Reuters — Canadian National Railway said on Tuesday it had offered to buy Kansas City Southern railroad for about US$33.7 billion, sending shares of the U.S. rail company soaring as […] Read more
Tag Archives cn
CN challenges CP with Kansas City Southern bid
KCS shareholder warns U.S. regulator 'doesn't like overlap'
Record-level grain handles continue for CN, CP
MarketsFarm — Canada’s two largest railways both reported new highs in grain movement for March and for their first fiscal quarters. Canadian National Railway (CN) announced Monday it had moved […] Read more
Railways to blame for terminal shortages, WGEA says
Grain handlers take issue with MarketsFarm report
MarketsFarm — The association representing the Prairies’ main grain handling companies says recent delays in loading vessels have less to do with the availability of grain and more to do […] Read more
Grain shortage, cold snap cause delays at West Coast ports
'...the vessels continue to arrive'
MarketsFarm — Grain movement in Western Canada remains faced with significant difficulties, according to Mark Hemmes, president of Quorum Corp., which monitors rail traffic and vessel movements in Canada. February’s […] Read more
Federal work/rest rules to be updated for railway workers
More clarifications coming, Teamsters say
A perennial sticking point in work stoppages and labour disputes at Canada’s two major railways is expected to be at least somewhat addressed within the next two and a half […] Read more
Richardson to boost Peace region grain handle
New elevator in progress west of Grande Prairie
Prairie grain handler Richardson Pioneer has started work on a new elevator to expand its access to the southern reaches of northwestern Alberta’s Peace region. The Winnipeg company said Thursday […] Read more
Big Two railways release plans for winter
Snow-clearing equipment among investments at CN, CP
Canada’s major railways have filed their winter contingency plans, as they are now required by law to do. Since updates to the Canada Transportation Act in 2018, Canada’s major rail […] Read more
Viterra to replace western Saskatchewan elevator
Grain firm going bigger at Biggar
Grain firm Viterra’s asset investment plan has moved onto Biggar things. Regina-based Viterra announced Monday it’s starting construction “immediately” on a new “state of the art” elevator about two km […] Read more
CN, CP set third-quarter records for grain movement
MarketsFarm — Canada’s big two railways again reported moving record amounts of Canadian grain during the third quarter of 2020. Canadian National Railway (CN) reported Monday it had shipped 7.76 […] Read more
Ceres to buy further into Saskatchewan grain handling
Company taking up Cargill elevator in northeast
Minneapolis grain dealer Ceres Global Ag has made a deal to take its Prairie elevator network a step further northwest. The company announced Thursday it has an agreement in place […] Read more