GFM Network News

Record grain movement in May

Record grain movement in May

Another month, another record

Canada’s two major railways moved a record amount of grain in May. For CN Rail May marked the third monthly record in a row having shipped 2.5 million tonnes of grain up from 2.4 million in May 2014, it said in a news release June 1. CP Rail moved 2.8 million tonnes of grain in May, beating its previous record set in May

Even as railways set shipping records, year-end carry-over continues to grow.

Grain shipping. It’s a good news-bad news story

The grain-handling system keeps setting records, even as carry-out keeps rising

[UPDATED: June 5, 2020] Despite major setbacks earlier in the shipping season and COVID-19, Canada’s railways are setting grain shipping records. *Year-to-date movement to Vancouver, Prince Rupert and Thunder Bay is two per cent ahead of last crop year’s (2018-19) pace, which ended with a record of 34.9 million tonnes shipped. Total shipments to all

CP Rail working to fix private rail crossing kerfuffle

CP Rail working to fix private rail crossing kerfuffle

KAP says private crossings are safe for now, despite CP threats to remove them if agreements hadn’t been reached with landowners by April 30

Private rail crossings along CP Rail’s Bredenbury Subdivision are safe for now. But if landowners want to keep them to access their fields they will eventually have to sign an agreement with CP and pay for upgrades and maintenance, which in some cases could be thousands of dollars. That’s the understanding the Keystone Agricultural Producers

(File photo by Dave Bedard)

Teamsters seek charges against CP to cap working hours

Montreal/Toronto | Reuters — A union is taking the unusual step of pursuing contempt of court charges against Canada’s second-largest railroad, in a previously unreported case that escalates the debate over working hours for railroad employees, according to two sources and legal documents. The Teamsters union argued in court filings that Canadian Pacific Railway should

CP Rail says closer collaboration with shippers helps it manage the challenging winter season while moving more grain than ever before.

CP Rail sets back-to-back grain-shipping records

That’s good news because there’s an above-normal amount of grain to move 
despite harvest delays

CP Rail moved a record amount of grain in November, beating its previous record set in October. Meanwhile, CN Rail is gearing up its grain shipping after an eight-day strike resulted in delivering just 2,015 of the 5,409 cars elevator companies ordered for week 16 (Nov. 17 to 23) of the current crop year. The

CN and CP’s financial and operating results for the second quarter both made records.

CN and CP quietly posted strong results

Grain and intermodal were among strong sectors as the railways enhanced their networks

Canada’s two major railways have quietly gone about their business in the past year, turning in strong financial performances and building up their networks, even as economic storm clouds gather. They overcame wicked winter weather to record a record grain haul for the crop year ending July 31. As of September, they were still enjoying

CN executive says shipping more Alberta oil won’t hurt grain shipping.

Bitter cold delays CN grain car deliveries

Alberta oil won’t move at the detriment of grain, says VP Sean Finn

Cold weather hurt Canadian National Railway’s (CN) grain-shipping performance week 29 (Feb. 10 to 16), but it’s confident it can quickly catch up. “Last week was a pretty tough week,” Sean Finn, CN’s executive vice-president of corporate services and chief legal officer, said in an interview Feb. 23. Temperatures across much of Western Canada fell

The ability to move grain by rail from country elevator to port terminals still has room for improvement, says the president of Quorum Corporation.

Grain by rail fails to keep up

Rail transportation is the biggest bottleneck in the grain-handling system

Western Canadian grain shipments are moving well this crop year, but exports could be even higher. The limitation, according to Mark Hemmes, Canada’s grain monitor and president of Quorum Corporation, is the ability to move the crop between country elevator and port terminal by rail. “Grain companies generally do not market grain based on global

(File photo by Dave Bedard)

CP books higher Q4 grain revenue on reduced handle

Increased revenue from grain handling — albeit on a slightly lower overall grain handle — helped Canadian Pacific Railway improve its fourth-quarter and year-end gross for 2018. Calgary-based CP on Jan. 23 reported overall net income of $545 million on $2.006 billion in revenues for its fourth quarter ending Dec. 31, down from $984 million