GFM Network News


Fuel, labour to pull grain freight cost indices lower

CP's share buybacks also a factor in its VRCPI

The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation Agency last week announced it will set the volume-related composite price index (VRCPI) at 1.4202 for Canadian National Railway (CN) and at 1.4205 for Canadian

CN, CP come in under 2018-19 grain revenue caps

Changes to federal rail transport rules that took effect in 2018 have put Canada’s big two railways well under their new Prairie grain revenue caps for the 2018-19 crop year. The Canadian Transportation Agency on Monday announced Canadian National Railway (CN) booked 2018-19 Prairie grain revenue of $933,357,710, a figure $371,116 below what the CTA


Regulator rips CN’s use of freight embargoes at West Coast

Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. The Canadian Transportation Agency on Monday released its determination on “possible freight rail service issues in the Vancouver area” last fall. The regulator

Railways ration space as commodity congestion problems worsen

Winnipeg | Reuters — Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation

CP, CN overshoot annual grain revenue caps

Both of Canada’s big two railways were found to have made more revenue from hauling Prairie grain in 2017-18 than their federally mandated limits allow. The Canadian Transportation Agency on Monday announced Canadian Pacific Railway and Canadian National Railway overtopped their maximum revenue entitlements (MREs) for the crop year by $1,500,513 and $1,047,285 respectively. CN’s


Hudson Bay rail line repairs to start ‘immediately’

Off-and-on talks toward a new ownership group for the Hudson Bay Railway have produced a deal, which it’s hoped will lead to the line’s repair before this winter, federal officials announced Friday. Federal Trade Diversification Minister Jim Carr and Northern Affairs Minister Dominic LeBlanc announced the Arctic Gateway Group Limited Partnership has bought the Hudson