
Tag Archives railways — page 2

Prairie grain freight cost index adjusted upward
Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more

Railways ration space as commodity congestion problems worsen
Winnipeg | Reuters — Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation […] Read more

Senate hands back transport bill, with changes
Federal legislation sought by farm groups wanting improvements to rail service for the grain sector is on its way back from the Senate to the House of Commons. Senators on Thursday afternoon passed Bill C-49, the Transportation Modernization Act, on third reading — but with several amendments proposed Wednesday by the standing Senate committee on […] Read more

Canadian railways in catch-22 over crude shipment
Reuters — Canadian railway operators see a lucrative opportunity to transport more crude oil to the U.S. as a rise in output forces producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to […] 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

New record set for Prairie grain throughput in 2016-17
Western Canada’s grain industry moved a record volume of grain in the 2016-17 crop year that ended July 31 and is gearing up to ship this year’s crop, expected to be the smallest in four years. Export terminals at Vancouver, Prince Rupert and Thunder Bay put through 35.945 million tonnes of grain last crop year, […] Read more

Farm leaders ‘cautiously optimistic’ about transport bill
Ottawa’s new ‘transportation modernization’ bill addresses key concerns raised during 2013 rail crisis, but has gaps
Anew national transportation bill could leave a major gap in grain movement during the 2017 harvest — particularly in areas captive to one railway, say Alberta farm leaders. “Between Aug. 1 and when this new bill comes into effect, there’s a period where there might be a hole in performance,” said Alberta Canola director Renn […] Read more
Early reviews positive for grain transportation bill
Long-awaited amendments to the Canada Transportation Act that Prairie grain farmers and shippers hope will result in better rail service were tabled Tuesday in the House of Commons. At press time Tuesday farm organization and grain company officials were still assessing Bill C-49, which also deals with other transportation issues, including air travel. At first […] Read more

Prairie grain freight cost index to rise with fuel prices
An “expected sharp rise” in fuel costs in 2017 compared to 2016 may help raise the cap on how much money Canada’s big two railways can charge to move Prairie grain in 2017-18. The Canadian Transportation Agency — the tribunal which, among its other duties, sets the annual maximum revenue entitlements (MREs) on Prairie grain […] Read more

Snow, avalanches, rain delay grain movement to U.S. ports
Chicago | Reuters — Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards, avalanches and heavy rain in recent weeks have hit transport of corn, […] Read more
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