CN Archives - Page 17 of 25

Grain elevators brace for high-volume shipping season

By MarketsFarm Team, GFM Network News August 17, 2018

CNS Canada — Grain companies in Western Canada are bracing for another high-volume year, as questions about the system’s ability to handle that amount continue to plague the industry. Wade Sobkowich, executive director of the Western Grain Elevator Association, said despite the heat stress that has hit many crops this year, grain companies expect this […] Read more

Crops, Machinery

CP employees reject company’s ‘final’ offers

By Grainews Staff, GFM Network News May 25, 2018

Conductors, engineers and signal maintainers at Canadian Pacific Railway are again within striking distance of striking. The Teamsters Canada Rail Conference (TCRC), which represents about 3,000 CP engineers, and the International Brotherhood of Electrical Workers (IBEW), which represents about 360 CP signal maintenance staff, confirmed Friday their members have voted to reject what CP described […] Read more

Crops, Machinery

CTA to bump up Prairie grain freight cost index

By Grainews Staff, GFM Network News April 25, 2018

Fuel and infrastructure improvements are expected to push up the cost of railroading and, in turn, the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain in the next crop year. The Canadian Transportation Agency (CTA) on Wednesday announced it will set the volume-related composite price index (VRCPI) […] Read more

A CN locomotive near Jasper, Alta. (Photo courtesy CN)

Crops, Machinery

Grain handle drops in CN’s first quarter

By Grainews Staff, GFM Network News April 24, 2018

Reduced traffic in grain, fertilizers and petroleum, against increased costs from “challenging operating conditions,” ate into the first-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Monday booked net income of $741 million on total revenues of $3.194 billion for its quarter ending March 31, down from $884 million on $3.206 billion in […] Read more

A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)

Crops, Machinery, Reuters

Canadian railways in catch-22 over crude shipment

By GFM Network News March 28, 2018

Reuters — Canadian railway operators see a lucrative opportunity to transport more crude oil to the U.S. as a rise in output forces producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to […] Read more

Crops

G3 expanding into Alberta market

By Grainews Staff, GFM Network News March 20, 2018

The grain company formerly known as the Canadian Wheat Board plans to start work next month on two new elevators including its first in Alberta. G3 Canada announced Tuesday it will build a 42,000-tonne capacity elevator at Wetaskiwin in central Alberta, between Edmonton and Red Deer, and a similar-sized elevator at Maidstone, Sask., about 55 […] Read more

Crops, Machinery, Reuters

U.S. rail regulator tackles railroads over customer complaints

By GFM Network News March 19, 2018

Reuters — The top U.S. rail regulator has asked major railroads for information on service levels before meeting disgruntled shippers and other customers over complaints about service delays and higher costs. In letters to the CEOs of the railroads, dated Friday and posted Monday on the U.S. Surface Transportation Board’s (STB) website, the regulator requested […] Read more

Pass Bill C-49 before Parliament breaks in June: That was KAP president Dan Mazier’s message to the Commons agriculture committee March 19 in Ottawa. (ParlVU screen shot)

Crops, Machinery

Get grain moving again, KAP says

By Allan Dawson, GFM Network News March 19, 2018

Move western grain, ASAP. That’s the blunt and urgent message Keystone Agricultural Producers (KAP) president Dan Mazier told an emergency meeting of the House of Commons’ agriculture committee Monday in Ottawa. The 2013-14 grain shipping backlog cost Western farmers around $6.5 billion and the current one will cost billions again, Mazier said. The first step […] Read more

CN locomotives in Winnipeg. (Photo courtesy CN)

Crops, Machinery, Weather

CN apologizes as farm groups, Ottawa press on rail service

By Grainews Staff, GFM Network News March 7, 2018

Canada’s largest railway has taken the unusual step of apologizing for its pace of grain delivery in recent weeks and pledging “immediate steps” to improve its grain handle. After parting ways with its CEO Luc Jobin on Monday, Canadian National Railway (CN), through interim CEO Jean-Jacques Ruest, said Wednesday it “apologize(s) for not meeting the […] Read more

Crops, Machinery, Reuters

CN CEO Luc Jobin steps down abruptly

By GFM Network News March 5, 2018

Reuters — Canadian National Railway (CN) CEO Luc Jobin stepped down abruptly on Monday, as the board looks to “energize” the railroad’s leadership amid a major supply crunch that has hurt profits and angered customers. “The board believes the company needs a leader who will energize the team, realize CN’s corporate vision and take the […] Read more

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives CN

Grain elevators brace for high-volume shipping season

CP employees reject company’s ‘final’ offers

CTA to bump up Prairie grain freight cost index

Grain handle drops in CN’s first quarter

Canadian railways in catch-22 over crude shipment

G3 expanding into Alberta market

U.S. rail regulator tackles railroads over customer complaints

Get grain moving again, KAP says

CN apologizes as farm groups, Ottawa press on rail service

CN CEO Luc Jobin steps down abruptly

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