GFM Network News


(File photo by Dave Bedard)

Railways overshoot grain revenue limits for 2019-20

Grain revenues run $5.3 million over caps, CTA rules

Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the

Railways are moving record amounts of grain -- but that's needed because farmers keep growing so much.

Mixed messages: Declining order fulfilment accompanies grain shipping record

Increased grain production means new records are needed to move the crop, shippers say

Canada’s two main railways keep breaking grain movement records, but oddly, on-time car delivery has fallen compared to the same period last crop year. It’s counterintuitive, but the explanation is simple: grain companies have ordered 13 per cent more cars this crop year, and the railways, while setting records, aren’t keeping up with the increased


(File photo by Dave Bedard)

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited

(CN.ca)

CN reports grain movement back at pre-strike pace

Canadian National Railway’s grain shipping is back to its pre-strike pace, the railway says. “By the second week of December (week 19), CN returned to shipping at peak levels, as well as taking on all customer hopper demand for the second and third weeks of December,” Montreal-based CN said in a release Thursday. “Despite a



(File photo by Dave Bedard)

Three crew die in CP grain train derailment

Toronto | Reuters — Three crew members died on Monday when a Canadian Pacific Railway grain train derailed in British Columbia, a Transportation Safety Board (TSB) spokesman said. The accident occurred when a train carrying 40 to 60 grain hopper cars derailed near Field, B.C., the TSB spokesman said. TSB is investigating the cause of

World crop briefs: Black Sea’s oilseed yields seen larger

CNS Canada — The Black Sea region’s oilseed crop for 2018-19 is estimated 160,000 tonnes higher, at 43.36 million tonnes, according to the latest estimates by the U.S. Department of Agriculture. In its October estimates, USDA estimated Ukraine rapeseed production would come in at 100,000 tonnes more than previous estimates to 2.7 million tonnes. Turkey’s

(File photo by Dave Bedard)

Railways say they’re ready for large shipping season

CNS Canada — Canadian Pacific Railway managed to slightly increase its grain shipping volumes last year, despite the extreme cold. CP moved 25.8 million tonnes of western Canadian grain, grain products, soybeans and non-regulated principal field crops during the 2017-18 crop year. That’s a one per cent increase from the previous crop year and one