Reading Time: < 1 minute The CEO of Canada’s biggest rail network expects to be off work until late fall for surgery and radiation treatments on a precancerous tumour. Canadian National Railway’s (CN) chief executive Claude Mongeau said Wednesday he expects to have surgery either near the end of this month or early in September, to remove a rare type […] Read more
Tumour surgery to sideline CN chief
Could containers be the answer to the West’s grain shipping woes?
A containerized grain supply chain would enhance competition, says University of Manitoba economist
Reading Time: 5 minutes Ottawa has long been in the business of trying to fix the problem of transporting Prairie grain to the west coast by rail. Yet the issues don’t get solved. “None of the policies introduced by Raitt or Ritz did anything to deal with the surge,” University of Manitoba’s Barry Prentice says. “Worse, they have done […] Read more
Plenty of blame to go around for grain shipping debacle
A year into the great grain fiasco, it’s no longer only about the railways
Reading Time: 6 minutes UPDATED, June 21, 2015: The 2013 harvest should have been a time of wild celebration. Prairie farmers had produced a bin-busting crop with a record-smashing 76 million tonnes, and with good crop prices, the entire West should have struck up the music and started to dance. Instead, logistics turned the dream into a nightmare, and […] Read more
The Journey: A quick history of shipping grain to port by rail
From Prairie farm to ocean port, our rail lines still shock the imagination with their engineering and bravado
Reading Time: 9 minutes It’s a trip that is so formidable, it weakened the knees of generations of politicians, entrepreneurs and engineers alike. Everybody could tell the northern Great Plains would be an ideal place for growing cereal crops, and they knew too that the world would love to eat what we grow, but getting those crops to port […] Read more
CWB’s chosen suitor weighs West Coast terminal idea
Reading Time: 2 minutes The new Prairie grain player tapped to take a majority stake in the former Canadian Wheat Board is now considering the possibility of its own port terminal. Bunge Canada and Saudi-owned crown corporation SALIC Canada, in their joint venture G3 Global Holdings, have agreed to a separate joint venture with West Coast port logistics firm […] Read more
Cost index trimmed for railways’ grain revenue cap
Reading Time: 2 minutes A sharper-than-expected drop in fuel costs has led federal regulators to dial back the index that decides how much money railways get to keep from hauling Prairie grain. The Canadian Transportation Agency on announced Thursday it will cut its volume-related composite price index (VRCPI) by 5.6 per cent, to 1.2517, for the 2015-16 crop year. […] Read more
CN, CP book higher grain revenues in Q1
Reading Time: 2 minutes A bump in gross revenue from grain handling helped to improve first-quarter results for both of Canada’s big two railways. Canadian National Railway (CN) on Monday reported overall net income of $704 million on $3.098 billion in revenue for the quarter ending March 31, up from $623 million on $2.693 billion in the year-earlier period. […] Read more
CN grain train derails near Calgary
Reading Time: < 1 minute Reuters — Twenty-four grain cars on a Canadian National Railway (CN) train derailed northeast of Calgary on Friday morning without injury or dangerous goods involved, RCMP said. The derailment on the 104-car train took place near the village of Kathyrn and Highway 9, at 10 a.m. MT, RCMP from nearby Beiseker said in a release, […] Read more
Railways’ mandatory minimum grain handles ending
Reading Time: 3 minutes Canada’s big two railways can resume moving grain at their own pace as the federal government’s order in council setting mandatory minimum grain traffic quotas is set to expire unrenewed. Agriculture Minister Gerry Ritz and Transport Minister Lisa Raitt announced the federal government won’t renew the mandatory minimums, which are due to expire Saturday. The […] Read more
Raitt won’t tell railways where to ship grain for now
Reading Time: 2 minutes Ottawa | Reuters — The Canadian government will not, for now, start telling railways where to ship farmers’ grain but it will decide within days whether to extend its requirements on how much grain they must haul, Transport Minister Lisa Raitt said Wednesday. In an interview in her parliamentary office, Raitt said farmers and shippers […] Read more
A message from April Stewart, Country Guide's Associate Editor
