The Canadian Transportation Agency has set its volume-related composite price indices (VRCPI) for Canada's national railways, key metrics used to determine the railways' revenue caps for movement of Western Canadian grain.
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Canadian Transportation Agency announces railway price indices for 2025-2026 crop year
CPKC overshoots grain revenue entitlement, CN comes up short
Total Western Canadian grain volume moved over crop year down 3.5 per cent
Canadian National Railway Company (CN)'s grain revenue fell below its annual entitlement, and Canadian Pacific Kansas City Railway Company (CPKC) overshot its entitlement in the 2023-2024 crop year.
Railways blast past revenue cap
Grain moved was up 60 per cent from last season on drought recovery
Canada's two big railways will have a $7.1 million Christmas present for the Western Grains Research Foundations following a ruling they exceeded their revenue caps in 2022-23.
Transport Canada to review Bunge-Viterra marriage plans
Competition Bureau also to probe proposed deal
Canada’s federal transport department will conduct its own review of U.S. grain giant Bunge’s plans to buy and merge with Viterra — with an eye particularly on both companies’ stakes in Canadian port terminals. Transport Minister Pablo Rodriguez announced Tuesday that his department will review the deal under the mergers and acquisitions provisions of the
Record amount of grain moved, CN goes over revenue limit
The Canadian Transportation Agency (CTA) recently ruled that Canadian National Railway exceeded its maximum grain revenue entitlements for the 2020/21 crop year. Meanwhile, the CTA stated that Canadian Pacific was under its entitlement. The CTA’s report stated that CN’s revenue from transporting Western Canadian grain was nearly C$1.045 billion and was C$2.4 million over its
CN over, CP well under 2020-21 grain revenue caps
Railways moved record-level volume during year, CTA says
Coming off a record-level Prairie grain handle, Canadian National Railway’s $1.042 billion in 2020-21 Prairie grain revenue is set to be trimmed by about $2.52 million. The Canadian Transportation Agency on Wednesday released its determination that CN’s 2021-21 Prairie grain revenue of $1,044,909,345 came in $2,399,676 above its maximum revenue entitlement (MRE) for the year.
Railways overshoot grain revenue limits for 2019-20
Grain revenues run $5.3 million over caps, CTA rules
Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the
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
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
Rail now moving fluidly through Vancouver, CN says
Winnipeg | Reuters — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway said Friday. Canadian National and rival Canadian Pacific Railway were rationing space on trains travelling in the Vancouver area and prioritized some commodities over others to deal with congestion, causing complaints
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