GFM Network News

CP mainline through Rockies reopened after crash

Canadian Pacific Railway’s mainline through the Rocky Mountains has reopened to traffic following a grain train derailment that killed three railroaders Monday. Calgary-based CP announced late Friday its mainline through Field, B.C. was reopened at midday Wednesday “in close collaboration with Transport Canada, and upon completion of all necessary safety checks.” Meanwhile, CP said Friday, […] Read more

Federal rail freight legislation clears Senate

Canada’s Senate has passed federal legislation that grain grower groups have hoped will help improve rail freight service for the sector this year. Bill C-49, the Transportation Modernization Act, passed third reading in the Senate on Tuesday following a 41-31 vote to approve a message that the Senate “does not insist on its amendments” to […] Read more

Crop outlook 2015

Country Guide attended Wild Oats GrainWorld to hear what the industry said about grain and oilseed crops

With all the day-by-day and minute-by-minute noise that rocks today’s grain and oilseed trading, it can seem impossible to pick out the vital messages that the market is actually sending. Country Guide sent veteran ag reporter Richard Kamchen to Wild Oats GrainWorld in Winnipeg this winter to listen for the home truths about 2015’s grain […] Read more

Larger grain handle helps boost CN’s Q3

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