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

Kansas City Southern accepts new CN bid over CP’s

CN offers to cover KCS's breakup fee with CP

By ,
Reuters — U.S. railway operator Kansas City Southern said Thursday it had accepted Canadian National Railway’s $33.6 billion acquisition offer, upending a $29 billion deal with its competitor Canadian Pacific Railway. The development, first reported by Reuters, gives CP five business days to make a new offer for Kansas City Southern. Were CP to table […] Read more
File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)
Crops

Back-to-work rule for Montreal dockworkers clears Parliament

Bill granted royal assent Friday night

By ,
A week-long strike by dockworkers at the Port of Montreal is expected to conclude after federal back-to-work legislation passed Parliament Friday evening. Bill C-29, introduced Tuesday in the House of Commons, cleared third reading in the Commons Wednesday and received three readings in the Senate and royal assent Friday. The port’s longshore workers, represented by […] Read more
(Dave Bedard photo)
Crops, Machinery & Shop

Cost index up for CN, down for CP in grain revenue formula

CP expects lower labour costs, CN higher

By ,
Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the coming crop year from hauling Prairie grain. The Canadian Transportation Agency (CTA) on Thursday announced its decisions on the volume-related composite price index (VRCPI) for […] Read more
Screenshot from an Alberta Agriculture video profiling Innisfail-based pulse and grain handler W.A. Grain & Pulse Solutions.
News, Pulses

W.A. Grain & Pulse Solutions has licences suspended

Company says it was in ‘constant contact’ with the Canadian Grain Commission over financial situation

By
Reading Time: 3 minutes Glacier FarmMedia – W.A. Grain & Pulse Solutions has had its licences temporarily suspended by the Canadian Grain Commission and the company’s owner says the firm is facing “a worst-case scenario.”  The Innisfail company, which has two elevators in Alberta and three in Saskatchewan, had its licences suspended by the grain commission on April 20 […] Read more
(Canest-transit.ca)
Crops

Feds to legislate end to Montreal port strike

Conservatives expected to support Liberals' back-to-work bill

By ,
A strike by longshore workers at the Port of Montreal faces federal back-to-work legislation billed Tuesday as the government’s “least desired course of action.” Labour Minister Filomena Tassi on Tuesday announced the introduction of Bill C-29, which “would end the work stoppage at the Port of Montreal and ensure the safe resumption and continuation of […] Read more
(Kansas City Southern video screengrab via YouTube)
Crops, Reuters

Rail shippers pick sides as CP, CN bid for Kansas City Southern

Richardson, Conagra among firms supporting both bids

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Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS would be the first major North American railroad combination in more than 20 years and create the first network […] Read more
(Kevin_LS/iStock/Getty Images)
General

Rural, remote crime targeted in Tory MP’s bill

Bill would consider crimes' settings during sentencing

By ,
An Alberta Conservative MP is trying to tackle rural crime by introducing a law that would punish more severely those accused of targeting remote, and vulnerable, people or property. Red Deer-Lacombe MP Blaine Calkins introduced his private member’s bill for first reading in the House of Commons on Tuesday. “Rural Canadians too often don’t feel […] Read more

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