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Machinery

Exemptions, extensions to be granted for rail crossing upgrades

New amendments would exclude low-risk field-to-field crossings

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Reading Time: 3 minutes Some farmer-owned field-to-field grade crossings over Canadian rail lines are now expected to be exempted altogether from looming federal requirements for safety upgrades. Proposed amendments to the Grade Crossings Regulations, announced June 18 by Transport Minister Omar Alghabra, this week cleared their 30-day public comment period. The amendments are expected to tweak rules which were […] Read more
Charred remnants of a rail bridge destroyed by a wildfire on June 30 are seen during a media tour by authorities in Lytton, B.C. on July 9, 2021. (Photo: Reuters/Jennifer Gauthier)
Crops

Lytton bridge re-opened but grain movement ‘hit and miss’

B.C. wildfires continue to disrupt Prairie grain movement

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Reading Time: 4 minutes Canadian National Railway’s fire-damaged bridge at Lytton, B.C. reopened for traffic Tuesday — but all train movement, including for grain, through British Columbia’s wildfire-ravaged southern Interior, is “hit and miss” and will remain so until the fire risk lessens. “Both (CN and Canadian Pacific Railway) are having troubles because there are so many fires in […] Read more
An undated photo from CN’s media gallery shows a locomotive travelling through the Ashcroft, B.C. area. (CN.ca)
Crops, Machinery

CN, CP trains ordered to slow down against fire risk

Ministerial order in effect until Oct. 31

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Reading Time: 3 minutes A new federal ministerial order calls for Canada’s big two railways to significantly cut their train speeds in any areas deemed to be at an “extreme” fire risk. “With extreme weather events occurring more severely and frequently in Canada due to climate change, it is important to have an adaptive regulatory system that responds to […] Read more
A sign for Lytton, B.C. on July 1, 2021. (Photo: Reuters/Jennifer Gauthier)
Crops

Feds halt CN, CP trains through B.C. wildfire area for two days

'Extended recovery' expected for westbound grain traffic

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Reading Time: 2 minutes Updated — A federal ministerial order has been issued halting Canadian National and Canadian Pacific rail movement through the Kamloops area of British Columbia for 48 hours from midnight Friday. Transport Minister Omar Alghabra announced the order late Thursday, ahead of an authorized tour Friday by evacuated residents to the largely-destroyed village of Lytton, about […] Read more
A Richardson Pioneer grain elevator in Saskatchewan on July 28, 2017. (Scott Prokop Photography/CNW Group/Richardson International)
Crops

Richardson building new southwestern Saskatchewan elevator

On-site crop inputs facility to follow

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Reading Time: < 1 minute Winnipeg grain firm Richardson International has started work on a new high-throughput grain elevator in southwestern Saskatchewan, to be bookended by smaller elevators it already operates in the region. The company said Monday it began construction work earlier this month at Carmichael, about 65 km southwest of Swift Current, about three km south of the […] Read more
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

Kansas City Southern sticks with CN as CP won’t raise bid

CN confident of regulatory approval

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Reading Time: < 1 minute Reuters — Kansas City Southern on Friday reiterated that Canadian National Railway’s offer was “superior” after Canadian Pacific Railway refused to raise its bid, moving a step closer to creating the largest-ever merger of North American railways by transaction value. The Canadian rivals have been locked in a takeover battle for the U.S. railroad operator […] Read more
CN locomotives in Winnipeg. (Photo courtesy CN)
Crops

CN shareholder urges changes to Kansas City Southern deal

Fund manager also holds stake in CP

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Reading Time: 2 minutes Reuters — Billionaire hedge fund manager Chris Hohn on Tuesday urged Canadian National Railway to abandon its $33.6 billion bid for Kansas City Southern unless the Canadian railway changed its agreement to drop a key feature that could invite more regulatory scrutiny. Hohn’s TCI Fund Management, which has a 2.93 per cent stake in CN, […] Read more
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

CN bid for U.S. railway poses greater risk to competition, DOJ says

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Reading Time: < 1 minute Reuters — The U.S. Department of Justice said on Friday that Canadian National Railway’s bid for U.S. railway operator Kansas City Southern appears to pose greater risks to competition than a rival agreement with Canadian Pacific Railway. The development comes as KCS on Thursday accepted CN’s $33.6 billion acquisition offer, upending the $29 billion deal […] Read more
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops

Kansas City Southern accepts new CN bid over CP’s

CN offers to cover KCS's breakup fee with CP

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Reading Time: < 1 minute Reuters — U.S. railway operator Kansas City Southern said Thursday it had accepted Canadian National Railway’s $33.6 billion acquisition offer, upending a $29 billion deal with its competitor Canadian Pacific Railway. The development, first reported by Reuters, gives CP five business days to make a new offer for Kansas City Southern. Were CP to table […] Read more
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

CP files objection with U.S. regulator over CN’s Kansas City Southern bid

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Reading Time: 2 minutes Reuters — Canadian Pacific Railway said on Saturday it filed a formal objection with a U.S. regulator, stating Canadian National Railway’s near US$30 billion rival bid for Kansas City Southern does not qualify to be exempted from tougher merger rules. Last week, the U.S. Surface Transportation Board (STB) granted a waiver to CP’s $25 billion […] Read more

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