CNS Canada — Select maintenance workers at Canadian Pacific Railway will be laid off effective Thursday as the railway’s revenue is expected to plummet in the second quarter. Lower volumes are one reason given for declining profits, though grain movement this crop year is ahead of average. Earlier this month, 500 CP maintenance workers were […] Read more
Tag Archives grain movement — page 2

CP lays off 500 workers, cites softening demand

Thunder Bay expects more activity beyond sluggish start
CNS Canada — Since the Port of Thunder Bay’s season opening, its grain handle has been slower compared with previous years, but the port’s CEO says this year is a reversion to normal. The northern Lake Superior port started shipping on March 26, and as of May 31 has moved 1.5 million tonnes of cargo, […] Read more