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CN locomotives in Winnipeg. (Photo courtesy CN)
Crops

CN’s grain handle up in record quarter

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Traffic in Canadian National Railway’s grain and fertilizers segment rose eight per cent in its latest quarter, helping the company to record quarterly revenue. Montreal-based CN on Oct. 23 reported net income of $1.134 billion on $3.688 billion in revenues for its quarter ending Sept. 30, up from $958 million on $3.221 billion in its
While grain shippers can gain from the auction, CN doesn’t earn any more because of the MRE
News, Other

Need grain cars? Consider CN’s auction

CN Rail has several programs that allow shippers to lock in their car supply

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It was commonly thought Canada’s railways wouldn’t auction rail cars because the maximum revenue entitlement (MRE) prevents them from pocketing the extra revenue. But CN started offering a limited number of cars to the highest bidder in the 2016-17 crop year, David Przednowek, CN Rail’s director of grain marketing, said in an interview Aug. 24.
Canada's grain export terminals can handle almost 19,000 cars a week, elevators say, but the rails say they'll deliver 8,000 a week combined in winter and 11,000 the rest of the year.
Crops, News

Rail car shortfalls drag on sales, grain companies say

Grain companies say they can handle twice the number of rail cars they’re getting

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Western Canada’s major grain companies say car shortfalls are seriously hampering their ability to make sales. In fact, they say they can handle twice as many rail cars during the first half of the crop year than what the railways intend to supply. “We don’t expect the railways to gear up to provide 18,750 rail
Sean Finn, CN Rail’s executive vice-president of corporate services and chief legal officer, says attracting and retaining train conductors is a challenge despite good wages and a pension.
News, Other

Looking for a good paying job? Try CN Rail

It’s not 9 to 5 so attracting and keeping conductors is a challenge

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CN Rail has hired 1,200 people to be train conductors and after spending about $85,000 training them, the company hopes most decide to stick with it. But it’s not easy attracting and keeping conductors, despite a starting wage of $85,000 a year and a defined benefit pension, says Sean Finn, CN Rail’s executive vice-president of
Comment: Why calls to kill MRE being ignored
Comment, Opinion

Comment: Why calls to kill MRE being ignored

Requests to update railway grain shipping costs face the same fate

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[UPDATED: June 20, 2018] The North American Grain Grading Group’s (NAGGG) call to axe the maximum revenue entitlement (MRE) appears to be getting the cold shoulder from Western Canada’s grain sector. The MRE is a federal regulation that sets the annual limit the railways can earn in total hauling western grain to Thunder Bay and
The grain industry is hoping new legislation will finally turn the page on recurring grain shipping problems that stretch back decades.
News

Historic transport bill passes Parliament

But some industry officials won’t fully celebrate until they see it’s working

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Western grain shippers are counting on better rail service after the Transportation Modernization Act (Bill C-49) became law May 23 to the delight of grain companies and farmers. During a news conference at Richardson-Pioneer’s South Lakes elevator both groups lauded federal Agriculture Minister Lawrence MacAulay, Transport Minister Marc Garneau and the Senate transport committee for
News

CN Rail ordered 1,000 hopper cars

The new cars will hold more grain and replace older cars

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CN Rail has ordered 1,000 new-generation high-cube grain hopper cars over the next two years to rejuvenate the aging equipment needed to serve increasing annual crop yields. “This substantial investment in higher-capacity payload hopper cars, with up to 10 per cent more capacity than the older generation, demonstrates our commitment to safely, efficiently and reliably
“CN performance has improved in a big way and that needs to be recognized,” says Western Grain Elevator Association executive director Wade Sobkowich.
News

CN parking cars as it seeks more grain to move

The railway stepped up shipments in March and April but now the peak shipping period is over

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After failing to meet thousands of grain car orders on time earlier this crop year CN says it’s running out of grain so it’s “temporarily parking roughly 1,200 hopper cars.” However, those cars are available if needed, CN said in a news release May 2. “CN said today it has met all grain orders in
CP's CEO said it will not sign a bad agreement that threatens the company’s long-term profitability.
News, Other

Pending CP Rail strike bad news for Manitoba farmers

The railway supplies most rail cars in 
the province

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A pending strike at CP Rail will hit Manitoba farmers especially hard, says Dan Mazier, president of the Keystone Agricultural Producers (KAP). “Sixty-two per cent of all Manitoba car orders are with CP,” Mazier said in an interview April 23. In Manitoba there are 50 and 29 grain elevators on CP and CN Rail lines,
A CN locomotive near Jasper, Alta. (Photo courtesy CN)
Crops

Grain handle drops in CN’s first quarter

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Reduced traffic in grain, fertilizers and petroleum, against increased costs from “challenging operating conditions,” ate into the first-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Monday booked net income of $741 million on total revenues of $3.194 billion for its quarter ending March 31, down from $884 million on $3.206 billion in

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