Toronto/Chicago | Reuters — Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway (CP), but he still has unfinished business — creation of a consolidated North American railway — and is running out of time to do it. That might explain why CP, Canada’s […] Read more
As clock winds down, CP’s CEO hunts for his dream deal
Salford buys U.S. spreader manufacturer
Ontario seeding, tillage and application equipment maker Salford Group is taking a share of the spreader market by buying U.S. manufacturer BBI Spreaders. Salford announced last week it had closed a deal effective Oct. 2 to buy the company, based at Cornelia, Georgia, about 70 km north of Athens. Financial terms of the deal weren’t […] Read more
Quebec police bust alleged veg-oil theft ring
Updated — Seven people in Montreal and Laval were arrested Thursday morning and more arrests are expected, linked to what provincial and local police allege has been a major theft ring for used cooking oil. The Surete du Quebec’s Montreal division and the Service de police de Laval said Thursday the seven are alleged to have […] Read more
Chance remains for Que. beef plant before asset sale
The equipment at Quebec’s now-shuttered Levinoff-Colbex cull cow packing plant goes to auction in about eight weeks — but until then, its owners will entertain offers from buyers interested in rescuing the plant. The Colbex building and land at St-Cyrille-de-Wendover, in the Centre-du-Quebec region, are still owned by provincial investment financing agency Investissement Quebec and […] Read more
EU raids ethanol companies over price-fixing concerns
Brussels | Reuters — The European Commission has raided ethanol companies in two EU countries as part of investigations into alleged price-fixing. The Commission, which acts as the competition watchdog in the 28-member European Union, said Thursday it had concerns that companies may have colluded in submitting price information used to set industry benchmarks for […] Read more
All major U.S. railroads must report service stats
Reuters — The top U.S. rail regulator ruled on Wednesday that all Class 1 railroads operating in the United States must provide detailed weekly freight service reports, a decision that cited months of congestion that have hit the grain and power industries particularly hard. Carriers must submit detailed data on average train speeds, dwell times […] Read more
CN service resumes after fiery Sask. derailment
Toronto | Reuters — Canadian National Railway (CN) resumed service on a line in east-central Saskatchewan Wednesday after workers removed debris from a fiery train derailment that occurred a day earlier and led to evacuation of a nearby village. Twenty-six cars derailed near Clair, Sask., about 75 km east of Humboldt, on Tuesday. Six of […] Read more
CTA rejects Canola Growers’ rail service complaint as vague
Canada’s transportation dispute resolution agency has tossed a complaint over rail service to Prairie grain handlers as too vague and lacking in “supporting facts.” The complaint to the Canadian Transportation Agency (CTA), filed in May by the Canadian Canola Growers Association (CCGA), was dismissed in an agency ruling released last week. The dismissal “is a […] Read more
CN fines over grain shipments to proceed, Ritz says
Ottawa | Reuters — The Canadian government dismissed on Tuesday complaints from Canadian National Railway (CN) that fines for failing to ship the required minimum amounts of grain were unfair because there was not enough demand. Agriculture Minister Gerry Ritz said there was a backlog of grain waiting for CN to move, even though it […] Read more
Deere chain to pick up four S. Alta. dealerships
A southern Alberta group of John Deere farm equipment dealerships is set to become part of the Cervus Equipment chain. Calgary-based Cervus, which owns the largest group of Deere farm equipment dealerships in Canada, announced an agreement Thursday to buy up all shares in Evergreen Equipment, the owner of Deere dealerships in Bassano, Brooks, Drumheller […] Read more
