Grain handler Richardson International plans to expand rail car spots at eight Prairie elevators on Canadian Pacific Kansas City (CPKC) lines as the railway gears up for longer trains with new higher-volume hopper cars. Winnipeg-based Richardson on Monday announced expanded rail car spots for its elevators at Lacombe, Carseland, Provost and Olds, Alta.; Estevan, Whitewood […] Read more
Richardson elevators expanding to feed ‘high-efficiency’ trains
Eight sites along CPKC lines to get expanded rail car spots
Go bigger on interswitching pilot, grain groups urge Ottawa
Railways say the measure creates inefficiencies; farm groups say the opposite is true
Farm groups from across the country are asking producers to lobby federal ministers and MPs and urge them to super-size a government proposal for what’s called ‘extended interswitching.’ The measure, part of this spring’s federal budget, essentially gives grain shippers a choice in which railway they deal with (as long as the competitor’s line is […] Read more
‘Unexpectedly high’ fuel costs lift railways’ revenue index
VRCPIs for CN, CP increased for 2023-24
The index that determines how much Prairie grain handling revenue Canada’s big two railways get to keep will be raised in the coming crop year, mainly on way-higher-than-expected fuel costs. The Canadian Transportation Agency (CTA) on Thursday announced the volume-related composite price index (VRCPI) for Canadian National Railway (CN) for 2023-24 will be 1.8295, up […] Read more