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(CPR.ca)
Crops

CP, Teamsters dispute railway’s staffing obligations

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Canadian Pacific Railway is refuting claims from one of its employees’ unions that the company is in “violation of the law” over layoffs of track maintenance staff. Calgary-based CP last month announced temporary layoffs effective June 30 affecting about 500 maintenance-of-way crew positions. On Tuesday it cited “business ebbs and flows associated with global markets
(CPR.ca)
Crops

CP offers assurances for 2016-17 grain handle

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Canadian Pacific Railway (CP) says it’s ready and willing to move a bumper Prairie crop in 2016-17. “Operationally, CP is eager and prepared to move grain this coming crop year,” company CEO Hunter Harrison said in a letter to federal Transport Minister Marc Garneau. The letter, dated Tuesday, was also circulated to Prairie transportation and
(Dave Bedard photo)
Crops

CP lays off 500 workers, cites softening demand

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CNS Canada — Select maintenance workers at Canadian Pacific Railway will be laid off effective Thursday as the railway’s revenue is expected to plummet in the second quarter. Lower volumes are one reason given for declining profits, though grain movement this crop year is ahead of average. Earlier this month, 500 CP maintenance workers were
(Dave Bedard photo)
Crops

Ottawa moves to extend expanded rail interswitching

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Prairie crop growers hoping that changes in federal rail freight rules will continue past their expiration date are about to get their wish. Transport Minister Marc Garneau and Agriculture Minister Lawrence MacAulay on Friday announced they would bring forward a resolution in Parliament to extend provisions of the previous government’s Bill C-30, the Fair Rail
(NSCorp.com)
Crops

CP scraps plans to buy Norfolk Southern

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Reuters — Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern, almost six months after it launched its unsolicited US$28 billion bid for the fourth-largest U.S. railroad operator. The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement CP had
(Justice.gov)
Crops

U.S. Justice Dept. urges rejection of CP voting trust

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Reuters — The U.S. Justice Department on Friday urged a regulator to reject a voting trust Canadian Pacific Railway (CP) has proposed as part of its takeover bid for U.S. railway Norfolk Southern, saying it could hurt competition and would violate rules. In mid-November, CP disclosed a $28 billion offer for the Virginia-based company, which
(ADM.com)
Crops

ADM suing CP over 2013-14 rail service disruptions

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Chicago | Reuters –– Archer Daniels Midland has filed a lawsuit against Canadian Pacific Railway over service disruptions in 2013 and 2014 at crop-processing plants in North Dakota and Minnesota, alleging they stemmed partly from cost-cutting and the Canadian railroad’s pursuit of merger partners. Chicago-based ADM, one of the world’s largest grain traders and processors,
Editorial: Easy to say, not easy to do
Editorial, Opinion

Editorial: Easy to say, not easy to do

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Most would agree that the so-called revenue cap on Canada’s two national railways is an imperfect solution to a complicated problem. Officially called the Maximum Revenue Entitlement (MRE), it was implemented as part of a major reform of grain transportation policy by Justice Willard Estey in 2000. It was an alternative to his proposal to

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