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Canadian Wheat Board Gains From Soft Freight Costs

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Areduction in ocean freight rates has made the Canadian Wheat Board more competitive in shipping grain to distant markets such as Southeast Asia, a CWB official said Feb. 16. Dry bulk freight rates have weakened in recent weeks due in part to slower demand for commodities. The Baltic Exchange’s main sea freight index, which tracks
News

Freight Shippers Give Poor Grade To Railway Service

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The country’s freight shippers have given CN and CPR poor marks for quality and reliable service in separate reports for the Canadian Industrial Transportation Association and the federal level of service review panel. The NRG Research Group of Winnipeg found a low level of satisfaction among 262 shippers it surveyed for the federal review. Only
Crops

Fertilizer Industry Proposes Processes For Disputed Rail Rates

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“Most of our plants are captive to one shipper.” – ROGER LARSON The fertilizer industry has proposed a Commercial Dispute Resolution model for dealing with quarrels with the railways over freight rates, says Roger Larson, president of the Canadian Fertilizer Institute. “Most of our plants are captive to one shipper,” Mr. Larson told the Ottawa
News

Shipping in urgent London talks on credit worries

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Ship industry talks targeting counter-party credit risk were being held in London Nov. 19 in a bid to stem the slide in dry commodity freight markets and kick-start trade, organizers said. Bill Lines, spokesman for the Baltic Exchange, the world’s leading maritime marketplace, said the hastily convened talks were being held to restore confidence in

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