Both of Canada’s big two railways were able to improve their overall gross and net in 2021 over 2020 despite a yield-robbing drought and disastrous track and bridge washouts in […] Read more
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Year-end profits up for CN, CP despite lower grain handles
Railways' ledgers weather drought, B.C. disasters
Transport strains pile on drought-induced feed shortages
Importing U.S. corn not cheap
Winnipeg | Reuters — Canadian farmers say they are just days away from running out of feed for cattle, due to severe drought last summer damaging crops needed to fatten […] Read more
CN names new CEO, easing tussle with investor
Former CP executive Tracy Robinson returns to rail
Reuters — Canadian National Railway on Tuesday named industry veteran Tracy Robinson as its new chief executive officer, soothing a months-long tussle with its second-largest shareholder over leadership at the […] Read more
CN over, CP well under 2020-21 grain revenue caps
Railways moved record-level volume during year, CTA says
Coming off a record-level Prairie grain handle, Canadian National Railway’s $1.042 billion in 2020-21 Prairie grain revenue is set to be trimmed by about $2.52 million. The Canadian Transportation Agency […] Read more
Grain movement to Vancouver picking up
Railways seen recovering from B.C. damages faster than many had expected
Western grain movement to the Port of Vancouver was at 60 per cent of normal as of Dec. 15 and is expected to continually improve, Mark Hemmes, Canada’s grain monitor […] Read more
Vena withdraws as candidate for CN CEO role
Reuters — Canadian National Railway said on Monday Jim Vena, who was backed by a group of investors to lead the country’s largest railway operator, had pulled out of the […] Read more
CN again reopens Kamloops-Vancouver corridor
'Quite a bit' of traffic shifted to Prince Rupert
MarketsFarm — After recent heavy rains forced Canadian National Railway to close its Kamloops-to-Vancouver corridor for a second time, the railway reopened its critical line to Canada’s busiest port on […] Read more
CN rerouting trains, aims to re-open line to Vancouver on weekend
Reuters — Canadian National Railway (CN) said Wednesday it was aiming to reopen its track in the crucial Kamloops-to-Vancouver corridor in flood-hit British Columbia this weekend. The Pacific province, trying […] Read more
CP to reopen rail corridor to Vancouver Tuesday
B.C. storm led to damage in 30 separate spots, railway says
Canadian Pacific Railway (CP) plans to have its rainstorm-battered mainline between Kamloops and Vancouver reopened to grain and other traffic around midday Tuesday. The company said Monday that out of […] Read more
Repair work on B.C. rail lines expected for days yet
CP expects to resume service 'mid-week;' some highways open only for essential travel
Canada’s big two railways expect repair work to continue into at least next week before service can resume through storm-battered areas of British Columbia to export terminals at Vancouver. Both […] Read more
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