Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is […] Read more
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Tag Archives freight
CP CEO rules out raising Kansas City Southern bid
CP's first-quarter profit climbs
Argentine truckers end strike, freeing China-bound barley
Canada, France would have been buyers' Plan B
Buenos Aires | Reuters — Argentine truckers ended a 20-day strike that had blocked access to ports in Buenos Aires province, agricultural industry sources said on Tuesday, following a deal […] 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
Trump-backed Canadian railway to Alaska faces high hurdles
Proponents say line could move grain, fertilizer as well as oil
Winnipeg/Washington | Reuters — A private-sector proposal endorsed by U.S. President Donald Trump to build a railway from Canada’s oil sands to ports in Alaska would free landlocked crude but […] 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
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
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
Passenger trains to run again, pipeline protests block freight
Ottawa | Reuters — Passenger rail operator Via Rail said Tuesday it would soon resume partial services between Quebec City and Ottawa while the government sought to end anti-pipeline protests […] Read more
Feed weekly outlook: Rally likely to end soon
MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of […] Read more
Feed weekly outlook: Firm undertone to Prairie grains
MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to […] Read more