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Canadian Pacific locomotive

Grain handle down, costs up in CP’s Q1

Increased traffic in potash and intermodal containers offset an eight per cent drop in grain carloads in Canadian Pacific Railway’s first quarter, against higher costs and “challenging” conditions. Calgary-based CP on Wednesday booked net income of $348 million on gross revenues of $1.662 billion for the quarter ending March 31, down from $431 million on […] Read more




U.S. livestock: Cattle, hog futures rise

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures rose on Wednesday, supported by steady-to-higher early-week cash prices, traders said. Hogs drew support from higher cash and wholesale pork prices. Futures were further supported by lower week-over-week hog weights. It’s a “good sign that these weights are coming down,” said Dan Norcini, an independent […] Read more


CP locomotive

Two unions set to strike Saturday at CP

Unions representing engineers, conductors and signal maintainers on Canadian Pacific Railway (CP) have served formal notice to strike starting Saturday. The Teamsters Canada Rail Conference (TCRC), which represents about 3,000 CP engineers and conductors, served strike notice late Tuesday, as did System Council No. 11 of the International Brotherhood of Electrical Workers (IBEW), representing over […] Read more







Germany moving ahead with plans to restrict glyphosate

Berlin | Reuters — German Agriculture Minister Julia Kloeckner on Tuesday said she was finalizing a draft regulation to end use of glyphosate herbicide in household gardens, parks and sports facilities, and to set “massive” limits for its use in agriculture. The chemical, made by Monsanto, is at the centre of a heated debate in […] Read more