MarketsFarm — Both of Canada’s major railways moved record-breaking amounts of grain in June and set records for the most grain moved in a fiscal quarter. Canadian National Railway (CN) […] Read more
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CP, CN break records for grain shipments
CN sees eastern network revival on supply chain diversity, ports
Montreal | Reuters — Canadian National Railway, the country’s biggest railroad, is banking on growth in consumer products and supply-chain diversification in Asia, to revive traffic on its underutilized eastern […] Read more
Grain exports flow fast as pandemic lockdowns clear rail capacity
Traffic accelerates on lower coal, crude volumes
Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement […] Read more
Grain exports continue strong out of Thunder Bay
COVID-19 leads to increased demand, reduced oil traffic by rail
MarketsFarm — The Port of Thunder Bay reported another strong grain handling month in May, as more than 1.1 million tonnes of Canadian grain and oilseeds moved through the harbour […] Read more
Fuel, labour to pull grain freight cost indices lower
CP's share buybacks also a factor in its VRCPI
The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation […] Read more
ICE weekly outlook: In canola, volatility is order of the day, for now
MarketsFarm — Expect the canola market, along with other grains and oilseeds, to remain volatile for the time being, said David Derwin of PI Financial in Winnipeg. “A lot of […] Read more
CN faces grain export backlog of 10,000 carloads, CEO says
Montreal | Reuters — Canadian National Railway (CN) lost capacity equivalent to 10,000 carloads, or one million tonnes of grain exports, in February due to rail blockades by protesters opposed […] Read more
CN starts calling back laid-off employees
"Network recovery... will take several weeks"
Montreal | Reuters — Canadian National Railway has started calling back many of the 450 workers it laid off earlier this month in Eastern Canada, when blockades crippled operations on […] Read more
Protestors put up new rail, road barricades in wake of arrests
Ottawa/Toronto | Reuters — Protesters in Canada blocked train lines, Vancouver’s port entrance and at least one highway on Tuesday in response to the arrest of 10 indigenous activists when […] Read more
OPP clear rail blockade, arrest 10
No word yet on when CN service through area will resume
Tyendinaga, Ont. | Reuters — Ontario Provincial Police on Monday made 10 arrests and cleared a rail blockade that had been stopping freight and passenger traffic for almost three weeks […] Read more