Canadian National Railway (CN) has inked a deal to buy an Iowa railway and connect it to its U.S. rail network, the company announced Dec. 6.
Tag Archives shipping — page 3
CN closes deal on Iowa railway
The agreement will link about 275 track miles to the carrier's U.S. rail network
Panama Canal drought to delay grain ships well into 2024
Wait times more than doubled between October and late November, prompting some shippers to reroute
Bulk grain shippers hauling crops from the U.S. Gulf Coast export hub to Asia are sailing longer routes and paying higher freight costs to avoid vessel congestion and record-high transit fees in the drought-hit Panama Canal, traders and analysts said.
Baltic Dry Index at 18-month high
Restrictions at the Panama Canal and congestion at Brazilian ports behind rate hike
The Baltic Dry Index (BDI), a major indicator of bulk shipping rates, has climbed sharply higher over the past few weeks to hit its highest level in 18 months.
Cull cow protocol usage could be improved
Survey finds 62 per cent of Ontario dairy farmers have written cull cow procedures
This was first published by Dairy at Guelph. Ontario dairy farmers must regularly remove animals from their herd by culling. Through a provincial survey of 248 dairy farmers, researchers at the University of Guelph found opportunities for improvement of management of cows leaving dairy farms. Most (62 per cent) respondents had a written standard operating […] Read more
Low water on Mississippi to persist despite improved drought outlook
Risk of getting stuck mean less grain per barge
Chicago | Reuters — Low water levels on the lower Mississippi River are likely to persist through at least January despite expected above-normal precipitation across the southern U.S. this winter, forecasters with the National Oceanic Atmospheric Administration (NOAA) said on Thursday. The severe to exceptional drought choking the lower Mississippi River valley is expected to […] Read more
UN working on guarantees for Russia to restore grain deal, Moscow skeptical
Bombing of Ukraine ports, grain facilities erodes other partners' goodwill, Guterres says
Reuters — The United Nations is “actively engaged” in trying to improve Russia’s grain and fertilizer exports in a bid to convince Moscow to again allow the safe Black Sea export of Ukraine grain, Secretary-General Antonio Guterres said Thursday. “We believe that it’s necessary to create a system of mutual guarantee,” Guterres told reporters on […] Read more
Panama Canal water levels at historic lows, restrictions to remain
Lake feeding canal low on rainfall
Panama City | Reuters — The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place for the rest of the year and throughout 2024, the waterway’s authority said on Tuesday. The restrictions, implemented earlier this year […] Read more
Panama Canal’s drought-induced bottleneck eases
Some vessels detour; transits per day still reduced
Panama City | Reuters — A backlog of vessels waiting to pass the Panama Canal due to drought-related restrictions has eased in recent days after the waterway’s authority authorized more non-booked ships to pass and as others are choosing alternate routes to avoid the delays. The Panama Canal Authority last week opened two additional slots […] Read more
Ukraine announces ‘humanitarian corridor’ for other stuck ships
Moscow not yet commenting on plan
Kyiv | Reuters — Ukraine announced a “humanitarian corridor” in the Black Sea on Thursday to release cargo ships trapped in its ports since the outbreak of war, a new test of Russia’s de facto blockade since Moscow abandoned a deal last month to let Kyiv export grain. At least initially, the corridor would apply […] Read more
B.C. port strike under cease-and-desist order, for now
Union serves, then withdraws, fresh 72 hours' notice to resume picketing
Updated, July 19 — Canada’s Industrial Relations Board (CIRB) has ordered British Columbia’s longshoremen back to work until their union serves three days’ notice before restarting strike action. The International Longshore and Warehouse Union (ILWU Canada) — which represents about 7,400 workers at various Vancouver and Prince Rupert port terminals and facilities — said Tuesday […] Read more
Cyber-Savvy Farmer
