Detroit | Reuters — Ford Motor Co. is working with a key supplier to shift some parts production from Michigan to Ontario, after a fire and subsequent parts shortages forced the automaker to halt manufacturing of its highly profitable full-size pickups, according to sources familiar with the companies’ plans. The supplier, Chinese-owned Meridian Magnesium Products, […] Read more
Ford scrambles to restart truck production after fire at supplier
NAFTA talks drag on as U.S., Mexico spar over autos
Washington | Reuters — Top-level talks to update the North American Free Trade Agreement made little headway on Wednesday as the U.S. and Mexico sought to settle differences over the key issue of automobiles, three well-placed sources said. With time fast running out to reach a deal, the two NAFTA members are discussing a U.S. […] Read more
Trump said considering counting ethanol exports toward quotas
New York | Reuters — U.S. President Donald Trump told a group of senators on Tuesday he is considering allowing exported ethanol to count toward the volumes mandated under the nation’s biofuels law, a move intended to appease both Big Oil and Big Corn by cutting the refiners’ regulatory costs while preserving demand for corn. […] Read more
‘Progress’ seen by ministers at NAFTA talks, but breakthrough elusive
Washington | Reuters — Canadian, Mexican and U.S. officials hailed progress on revamping the North American Free Trade Agreement (NAFTA) on Tuesday as efforts focused on crafting new rules for the auto sector, but there was no sign of a major breakthrough. Canadian Foreign Minister Chrystia Freeland, U.S. Trade Representative Robert Lighthizer and Mexican Economy […] Read more
NAFTA talks resume amid fears of ‘zombie’ deal
Washington | Reuters — Senior Canadian, U.S. and Mexican officials trying to rescue slow-moving talks to update the NAFTA trade pact met on Monday in a new bid to resolve key issues before regional elections complicate the process. With time fast running out to strike some kind of deal on the North American Free Trade […] Read more
Churchill possibly to return to shipping grain
CNS Canada — Grain could once again be shipped out of northern Manitoba’s Port of Churchill if all goes according to plan for a new potential ownership group. “The port has got all of the grain handling equipment and simply said, the first thing we want to do is resume that commercial activity,” said Louis […] Read more
Voting scheduled for CP employees on verge of strike
Engineers, conductors and signal maintainers who’d been poised to walk off the job at Canadian Pacific Railway almost two weeks ago will instead continue business as usual until at least May 26. The Canada Industrial Relations Board (CIRB) this week informed CP and two of its employees’ unions — the Teamsters Canada Rail Conference (TCRC) […] Read more
POET unseats ADM as top global fuel ethanol maker
Chicago | Reuters — Privately held, U.S.-based POET has overtaken industry pioneer and global grain merchant Archer Daniels Midland to become the top ethanol producer in the world, the companies told Reuters. ADM had been the biggest ethanol maker since the U.S. began requiring refiners to mix billions of gallons of biofuels into the nation’s […] Read more
Monsanto product to deactivate dicamba residue in sprayer tanks
Chicago | Reuters — Monsanto is launching the first product that deactivates a controversial herbicide inside spraying equipment after it is used, the company said on Tuesday, its latest attempt to prevent unintended crop damage associated with dicamba. The new product aims to stop farmers from accidentally applying traces of dicamba on crops that cannot […] Read more
CTA to bump up Prairie grain freight cost index
Fuel and infrastructure improvements are expected to push up the cost of railroading and, in turn, the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain in the next crop year. The Canadian Transportation Agency (CTA) on Wednesday announced it will set the volume-related composite price index (VRCPI) […] Read more