Machinery & Production Tips

Larger grain handle helps boost CN’s Q3

By Grainews Staff, GFM Network News October 21, 2014

A markedly larger grain and fertilizer handle in the three months ending Sept. 30 has helped pump up the third-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Tuesday reported third-quarter net income of $853 million on $3.118 billion in total revenue, up from $705 million on $2.698 billion in the year-earlier period. […] Read more

Crops, Machinery, Markets

Prairie grain revenue up as CP books record Q3 profit

By Grainews Staff, GFM Network News October 21, 2014

An increased grain handle for the three months ending Sept. 30 has helped boost Canadian Pacific Railway (CP) to its highest third-quarter profit ever. Calgary-based CP released its Q3 results Tuesday, reporting record net income of $400 million on record total revenue of $1.67 billion for the quarter, up from $324 million on $1.534 billion […] Read more

Crops, Machinery, Markets

CP, CSX no longer talking merger

By Grainews Staff, GFM Network News October 20, 2014

Canadian Pacific Railway (CP) has shut down last week’s media buzz about any possibility of a merger with the third biggest railway in the U.S. The Wall Street Journal and other media recently reported Calgary-based CP and Jacksonville-based CSX had held “exploratory talks” about combining their operations. [Related story] CP on Monday confirmed it had […] Read more

Crops, Machinery, Markets, Reuters

U.S. senator raises concerns over potential CP, CSX deal

By GFM Network News October 17, 2014

Chicago | Reuters — The head of a U.S. Senate subcommittee raised concerns in a letter Thursday to the U.S. Attorney General and head of the top U.S. rail regulator about a potential merger between Canadian Pacific Railway and CSX Corp., and called on them both to fully review the antitrust implications of any such […] Read more

Crops, Machinery, Markets

Shortlines shortchanged in Western Canada

By GFM Network News October 17, 2014

CNS Canada — Western Canada’s shortline railways are getting the short end of the stick as they struggle to meet their own commitments moving grain and other products along their tracks. A backlog of grain on the Prairies over the past winter, linked in part to poor rail movement, prompted the federal government to implement […] Read more

Crops, Machinery, Markets, Reuters

As clock winds down, CP’s CEO hunts for his dream deal

By GFM Network News October 17, 2014

Toronto/Chicago | Reuters — Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway (CP), but he still has unfinished business — creation of a consolidated North American railway — and is running out of time to do it. That might explain why CP, Canada’s […] Read more

Machinery

How engineers developed the rubber-belted tractor

Part One: In the late 1970s Caterpillar was looking for a way to  break into the ag tractor market. It had two options

By Scott Garvey October 15, 2014

This year even a casual stroll through a farm machinery show will reveal the obvious trend toward increased use of rubber-belted track systems. And manufacturers have recently introduced even more options for those who want the benefits that technology offers. In less than three decades belts have gone from the fringe to the mainstream, so […] Read more

Machinery

Claas Xerion tractor’s turning cab turns heads

Farmers at the Farm Progress Show in Iowa gathered to watch Claas  show off the spinning cab on its Xerion tractor

By Leeann Minogue October 13, 2014

While many Canadians have only recently seen Claas’ Xerion tractor for the first time, Drew Fletcher, Claas’ product manager, tractors, says it’s not a new machine. Claas has been manufacturing Xerion tractors at its headquarters at Harsewinkel, Germany for quite a while. “We’ve had it about 10 years in a full-line manufacturing system.” In the […] Read more

Crops, Machinery

Salford buys U.S. spreader manufacturer

By Grainews Staff, GFM Network News October 12, 2014

Ontario seeding, tillage and application equipment maker Salford Group is taking a share of the spreader market by buying U.S. manufacturer BBI Spreaders. Salford announced last week it had closed a deal effective Oct. 2 to buy the company, based at Cornelia, Georgia, about 70 km north of Athens. Financial terms of the deal weren’t […] Read more

Crops, Machinery

Quebec police bust alleged veg-oil theft ring

By Grainews Staff, GFM Network News October 11, 2014

Updated — Seven people in Montreal and Laval were arrested Thursday morning and more arrests are expected, linked to what provincial and local police allege has been a major theft ring for used cooking oil. The Surete du Quebec’s Montreal division and the Service de police de Laval said Thursday the seven are alleged to have […] Read more

GFM Network News

U.S. livestock: Feeder cattle hit contract highs on tight supply

U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

Alberta harvest wrapping up: report

Machinery

Larger grain handle helps boost CN’s Q3

Prairie grain revenue up as CP books record Q3 profit

CP, CSX no longer talking merger

U.S. senator raises concerns over potential CP, CSX deal

Shortlines shortchanged in Western Canada

As clock winds down, CP’s CEO hunts for his dream deal

How engineers developed the rubber-belted tractor

Claas Xerion tractor’s turning cab turns heads

Salford buys U.S. spreader manufacturer

Quebec police bust alleged veg-oil theft ring

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