Reading Time: 3 minutes Last fall’s ransomware attack at pork and poultry packer Maple Leaf Foods led to an “adverse economic impact” of $23 million or more on the company’s bottom line as it worked to restore systems, officials said. The company on Thursday released that estimate as part of its fourth-quarter financial report, in which it booked a […] Read more
Cyberattack a $23 million hit on Maple Leaf ledger
Company refused to pay ransom
CN’s mechanics vote in favour of strike action
Company says rail operations 'will continue'
Reading Time: 2 minutes Unionized mechanics and clerical workers at Canadian National Railway (CN) have voted their support for strike action which CN says will not affect operations. Ballots from members of Unifor Local 100 and Unifor Council 4000 went 98 and 97 per cent in support of strike action, in votes held over the past two weeks, Unifor […] Read more
North Korea’s Kim demands more farmland to boost food production
Reading Time: 2 minutes Seoul | Reuters — North Korean leader Kim Jong Un ordered improvements to infrastructure and expansion of farmland to ramp up food production, state media said on Thursday, amid warnings of an impending food crisis. Kim gave instructions to revamp irrigation systems, build modern farming machines and create more arable land as he wrapped up […] Read more
U.S. to crack down on child labour amid massive uptick
Food processing plants among alleged offenders
Reading Time: 3 minutes Washington | Reuters — The Biden administration in the U.S. announced measures to crack down on child labour on Monday amid a steep rise in violations and investigative reports by Reuters and other news outlets on illegal employment of migrant minors in dangerous industries. U.S. officials said the Labor Department had seen a nearly 70 […] Read more
Nova Scotia to bridge Fiona funding gap for farmers
Provincial program offering up to $400K per farm
Reading Time: 2 minutes Nova Scotia farmers who didn’t qualify for federal disaster financial assistance (DFA) in the wake of Hurricane Fiona last September may be able to get in on a new provincial program instead. The province on Thursday announced $3 million for what it calls the Fiona Agriculture Response Gap Funding program, offering up to $400,000 for […] Read more
GM’s truck production cut signals a turn in U.S. auto sales
Company to idle Indiana plant for two weeks
Reading Time: 3 minutes Detroit | Reuters — New vehicle sales in the United States are expected to increase in February, but the decision by General Motors to cut production of large pickup trucks at a U.S. plant points to new challenges for Detroit’s automakers. The major Detroit pickup truck brands are sitting on growing inventories of unsold vehicles, […] Read more
The energy transition for tractors has already begun
Hydrogen is emerging as a potential diesel fuel replacement
Reading Time: 5 minutes This fall at the annual Bauma construction machinery show in Munich, Germany, Volvo Penta, a longtime engine supplier to the industrial and marine industries, unveiled its new eight-litre, dual-fuel hydrogen engine. The company claims the use of renewable hydrogen as a fuel means its new engine will reduce CO2 emissions by up to 80 per […] Read more
CN’s mechanics, clerical staff taking strike votes
Railway not expecting impact on operations
Reading Time: 2 minutes Canadian National Railway says it’s not expecting any impact on its operations if its unionized mechanics and clerical staff are involved in a work stoppage, depending on the outcome of strike votes starting this week. Unifor represents about 3,000 CN workers in mechanical, intermodal and clerical positions across the country through five collective agreements, all […] Read more
Should we pay more attention to European tractor competitions?
Comparing apples to apples with North American machinery brands
Reading Time: 5 minutes Here in North America, many producers have a favourite farm machinery brand and wouldn’t think of buying anything else. Often there may be some practical reasons behind that choice. Parts and service availability, proximity to a dealer or maintaining a relationship with a dealer can pay dividends. But those factors can sometimes result in producers […] Read more
CNH sees headwinds easing in 2023 after strong fourth-quarter results
Long-running strikes end at two CNH plants in U.S.
Reading Time: 2 minutes Reuters — CNH Industrial said on Thursday its 2023 net sales of industrial activities would grow by between six and 10 per cent, after the group posted stronger-than-expected results in the last quarter of 2022. The industry faced several headwinds in 2022, including a choppy supply chain and inflation, but late in the year these […] Read more