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CTA to bump up Prairie grain freight cost index

Fuel and infrastructure improvements are expected to push up the cost of railroading and, in turn, the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain in the next crop year. The Canadian Transportation Agency (CTA) on Wednesday announced it will set the volume-related composite price index (VRCPI)

Crops

Senate hands back transport bill, with changes

By GFM Network News, Manitoba Co-operator Staff March 29, 2018

Federal legislation sought by farm groups wanting improvements to rail service for the grain sector is on its way back from the Senate to the House of Commons. Senators on Thursday afternoon passed Bill C-49, the Transportation Modernization Act, on third reading — but with several amendments proposed Wednesday by the standing Senate committee on

Crops

Prairie grain freight cost index to rise with fuel prices

By GFM Network News, Manitoba Co-operator Staff April 28, 2017

An “expected sharp rise” in fuel costs in 2017 compared to 2016 may help raise the cap on how much money Canada’s big two railways can charge to move Prairie grain in 2017-18. The Canadian Transportation Agency — the tribunal which, among its other duties, sets the annual maximum revenue entitlements (MREs) on Prairie grain

Crops

CP, CN both top their Prairie grain revenue caps

By GFM Network News, Manitoba Co-operator Staff January 3, 2017

The Western Grains Research Foundation (WGRF) can soon expect a late gift of over $4.4 million in surplus Prairie grain freight revenue, according to a new ruling from the Canadian Transportation Agency. The agency said Dec. 22 it has determined Canadian Pacific Railway (CP) and Canadian National Railway (CN) went over their maximum revenue entitlements

Crops

Cost index for railways’ grain revenue cap gets boost

By GFM Network News, Manitoba Co-operator Staff April 29, 2016

The loonie’s decline since last year has led federal regulators to dial up the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain. The Canadian Transportation Agency (CTA) announced Friday it will raise its volume-related composite price index (VRCPI) by 4.8 per cent, to 1.3275, for the 2016-17

Transportation Minister Marc Garneau says the timeline to decide how to proceed on grain shipping is growing tighter as the July 31 expiration date for temporary measures draws nearer.

Crops, News

Government aware deadline for temporary rail measures drawing near

The recent release of CTA recommendations further complicates the decision, says transport minister

By Alex Binkley April 6, 2016

The federal government is grappling with a complicated question as the expiry date looms on emergency sanctions imposed on the railways in 2014: should they stay or should they go? Astronaut-turned-transport minister, Marc Garneau concedes the timeline is a tight one as the current measures — minimum weekly haulage targets, expanded interswitching and fines on

Crops

Debate: Sask. ag leaders seek rail response

By GFM Network News, Lisa Guenther March 23, 2016

If there’s one thing all Saskatchewan’s political parties can agree on, it’s that the current rail system isn’t working for grain producers — but there’s less consensus on the solutions. Transportation is the single most important issue facing grain growers in Saskatchewan right now, said Cathy Sproule, the provincial New Democrats’ ag critic, during an

Crops

CN to challenge latest grain revenue penalty

By GFM Network News, Manitoba Co-operator Staff February 1, 2016

Ordered to hand over more than $7 million in Prairie grain handling revenue and related fines for the 2014-15 crop year, Canadian National Railway now plans to challenge the bill in court. Montreal-based CN on Monday filed in the Federal Court of Appeal, seeking leave to appeal the Canadian Transportation Agency’s (CTA) Dec. 29 finding

Crops, News

Railways exceeded their regulatory revenue cap moving record volumes

The Canadian Transportation Agency says the railways were allowed to earn $1.46 billion shipping grain in 2014-15, but exceeded their maximum revenue entitlement by $9 million or about 22 cents a tonne

By Allan Dawson January 8, 2016

The nation’s two main railways moved a record volume of western Canadian grain in the 2014-15 crop year but they collected more from grain shippers than regulations allow. Canadian National Railway Company (CN) and Canadian Pacific Railway Company (CP) together shipped 41.3 million tonnes of western grain to export position and were supposed to do

Crops

CN, CP both over revenue limits for 2014-15 grain haul

By GFM Network News, Manitoba Co-operator Staff December 29, 2015

Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. The Canadian Transportation Agency on Tuesday ruled Canadian National Railway and Canadian Pacific Railway (CN, CP) exceeded their grain revenue entitlements for the crop year

Daily Network News

U.S. corn and soybean yields revised down by USDA

JBS profit falls amid still-challenging US market environment

U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data

Tag Archives CTA

CTA to bump up Prairie grain freight cost index

Senate hands back transport bill, with changes

Prairie grain freight cost index to rise with fuel prices

CP, CN both top their Prairie grain revenue caps

Cost index for railways’ grain revenue cap gets boost

Government aware deadline for temporary rail measures drawing near

Debate: Sask. ag leaders seek rail response

CN to challenge latest grain revenue penalty

Railways exceeded their regulatory revenue cap moving record volumes

CN, CP both over revenue limits for 2014-15 grain haul

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