GFM Network News

CN strike drags on, hitting grain exports, fertilizer output

Ottawa/Montreal | Reuters — A prolonged strike at Canadian National Railway, the country’s largest railroad, sent further shocks through the economy on Monday with grain shipments scuttled and layoffs planned at fertilizer producers and an auto shipment terminal. As Canada’s biggest rail strike in a decade entered its seventh day, industry kept pressuring the government […] Read more

China to subsidize grain transportation, storage

Beijing | Reuters — China plans to subsidize grain transportation and storage facilities in the latest push by Beijing to modernize the world’s largest agriculture sector. Beijing will subsidize projects upgrading or building facilities to load and receive grains along main railways and ports for major waterways including the Yangtze and Pearl rivers, a document […] Read more

Owen Sound, Baie-Comeau in revamped port sale program

Two ports hosting grain terminals are up for sale and possibly divestiture under a new federal program to get out of the port business. Transport Minister Lisa Raitt on Friday announced a new Ports Asset Transfer Program (PATP) to “facilitate the transfer” of port facilities to other owners or levels of government, naming 50 ports […] Read more

Striking port workers in Argentine grains hub halt shipping

Buenos Aires | Reuters — Port workers in part of the Argentine grain hub of Rosario went on strike on Thursday to demand a year-end bonus, paralyzing ship movements, said the head of the powerful CGT union’s local branch. Wage increases are lagging behind Argentina’s soaring inflation rate, which some private economists estimate is around […] Read more

U.S. shippers, West Coast dockworkers resume contract talks

Los Angeles | Reuters — Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports, a representative for the labour group said. Officials from the Pacific Maritime Association and the International Longshore and Warehouse Union […] Read more