Canada’s big two railways reported somewhat higher revenue from handling grain during their fiscal quarter ending March 31, despite both companies reporting winter weather woes. Canadian Pacific Railway (CP) on […] Read more
Tag Archives grain
Railways book higher grain freight revenue for Q1
Regulator rips CN’s use of freight embargoes at West Coast
Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of […] Read more
Russian agricultural firms raided over suspected tax evasion
Moscow | Reuters — Meat producer Cherkizovo and farming conglomerate Rusagro were among agricultural firms across Russia targeted in a sweeping investigation into suspected tax evasion on Wednesday. The Tax […] Read more
Russia’s ag ministry to set up new grain exporters’ union
Moscow/Hamburg | Reuters — Russia’s agriculture ministry will set up a new grain exporters’ union to better understand the needs of the market, it said on Monday after its routine […] Read more
Three crew die in CP grain train derailment
Toronto | Reuters — Three crew members died on Monday when a Canadian Pacific Railway grain train derailed in British Columbia, a Transportation Safety Board (TSB) spokesman said. The accident […] Read more
CP books higher Q4 grain revenue on reduced handle
Increased revenue from grain handling — albeit on a slightly lower overall grain handle — helped Canadian Pacific Railway improve its fourth-quarter and year-end gross for 2018. Calgary-based CP on […] Read more
Alberta to buy rail cars for oil
Ottawa | Reuters — The Alberta government is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within […] Read more
No big problems seen in grain transportation so far
CNS Canada — It’s so far, so good with grain shipments to the three major Canadian ports according, to a spokesperson with Quorum Corporation, which compiles weekly performance updates on […] Read more
CN’s grain handle up in record quarter
Traffic in Canadian National Railway’s grain and fertilizers segment rose eight per cent in its latest quarter, helping the company to record quarterly revenue. Montreal-based CN on Oct. 23 reported […] Read more
Grain handle down slightly in record quarter for CP
Grain carloads were marginally fewer but grain revenue per carload climbed 10 per cent to help Canadian Pacific Railway to its highest quarterly revenue ever. Calgary-based CP on Oct. 18 […] Read more