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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
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops

Canadian railways in catch-22 over crude shipment

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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
(Dave Bedard photo)
Crops

G3 expanding into Alberta market

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The grain company formerly known as the Canadian Wheat Board plans to start work next month on two new elevators including its first in Alberta. G3 Canada announced Tuesday it will build a 42,000-tonne capacity elevator at Wetaskiwin in central Alberta, between Edmonton and Red Deer, and a similar-sized elevator at Maidstone, Sask., about 55
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops

U.S. rail regulator tackles railroads over customer complaints

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Reuters — The top U.S. rail regulator has asked major railroads for information on service levels before meeting disgruntled shippers and other customers over complaints about service delays and higher costs. In letters to the CEOs of the railroads, dated Friday and posted Monday on the U.S. Surface Transportation Board’s (STB) website, the regulator requested
Pass Bill C-49 before Parliament breaks in June: That was KAP president Dan Mazier’s message to the Commons agriculture committee March 19 in Ottawa. (ParlVU screen shot)
Crops

Get grain moving again, KAP says

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Move western grain, ASAP. That’s the blunt and urgent message Keystone Agricultural Producers (KAP) president Dan Mazier told an emergency meeting of the House of Commons’ agriculture committee Monday in Ottawa. The 2013-14 grain shipping backlog cost Western farmers around $6.5 billion and the current one will cost billions again, Mazier said. The first step
Luc Jobin. (CN.ca)
Crops

CN CEO Luc Jobin steps down abruptly

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Reuters — Canadian National Railway (CN) CEO Luc Jobin stepped down abruptly on Monday, as the board looks to “energize” the railroad’s leadership amid a major supply crunch that has hurt profits and angered customers. “The board believes the company needs a leader who will energize the team, realize CN’s corporate vision and take the
(Dave Bedard photo)
Crops

Farmers seek ‘urgent’ action from Senate on rail service

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Groups representing Canadian grain growers touched down in Ottawa Thursday to urge quick passage of legislation to avoid a sequel to the grain handling logjam of 2013-14. Representatives from the Canadian Federation of Agriculture, Grain Growers of Canada, Keystone Agricultural Producers, Agricultural Producers Association of Saskatchewan, Alberta Federation of Agriculture and B.C. Agriculture Council went

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