
Tag Archives fuel costs

Fuel, labour to pull grain freight cost indices lower
CP's share buybacks also a factor in its VRCPI
The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation Agency last week announced it will set the volume-related composite price index (VRCPI) at 1.4202 for Canadian National Railway (CN) and at 1.4205 for Canadian […] 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

Moving freight to get more expensive for food companies
Reuters — U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth of drivers and higher diesel prices make it even more expensive to transport products to stores. Hershey, Mondelez International, J.M. Smucker and Campbell Soup said […] Read more
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