GFM Network News


A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)

U.S. railway’s board sticks with CN’s bid

Kansas City Southern board spurns sweetened CP bid

The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not

(Mysticenergy/iStock/Getty Images)

Exemptions, extensions to be granted for rail crossing upgrades

New amendments would exclude low-risk field-to-field crossings

Some farmer-owned field-to-field grade crossings over Canadian rail lines are now expected to be exempted altogether from looming federal requirements for safety upgrades. Proposed amendments to the Grade Crossings Regulations, announced June 18 by Transport Minister Omar Alghabra, this week cleared their 30-day public comment period. The amendments are expected to tweak rules which were


(Dave Bedard photo)

Hot, dry weather creates ‘significant uncertainty,’ AAFC says

MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading to “significant uncertainty” on the state of the country’s 2021-22 crops. Total field crop production in the country was forecast to decrease due to a

Screenshot of Parrish and Heimbecker’s Quill Lake, Sask. elevator. (ParrishAndHeimbecker.com)

Rail upgrades planned for P+H elevator

Eastern Saskatchewan elevator's rail spot expanding

Winnipeg grain firm Parrish and Heimbecker plans to boost throughput at one of its eastern Saskatchewan elevators with upgrades to its rail car loading systems. Privately-held P+H said Thursday it plans to expand to a 100-car spot, up from 50, at its elevator at Quill Lake, Sask., about 60 km east of Humboldt. Work on

A sign for Lytton, B.C. on July 1, 2021. (Photo: Reuters/Jennifer Gauthier)

Feds halt CN, CP trains through B.C. wildfire area for two days

'Extended recovery' expected for westbound grain traffic

Updated — A federal ministerial order has been issued halting Canadian National and Canadian Pacific rail movement through the Kamloops area of British Columbia for 48 hours from midnight Friday. Transport Minister Omar Alghabra announced the order late Thursday, ahead of an authorized tour Friday by evacuated residents to the largely-destroyed village of Lytton, about


cn loop track grainsconnect

CN investing in Manitoba

Improvements are expected to help meet demand and future needs of shippers Manitoba’s share of CN’s $3 billion capital investment plan is going to be $95 million. The company announced June 17 it would be using the funds to focus on technology and infrastructure maintenance to “enhance safety and fluidity” in its network. “Our consistent


(File photo by Dave Bedard)

CP CEO rules out raising Kansas City Southern bid

CP's first-quarter profit climbs

Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is “not a real deal.” The two bidding companies are locking horns to take control of a vast network of railways across North America, with CN


A view of Anchorage, Alaska from Cook Inlet. (RobsonAbbott/iStock/Getty Images)

Trump issues permit for Alaska-to-Alberta railway

Washington | Reuters — U.S. President Donald Trump has issued a presidential permit for a private-sector proposal to build a railway from northeastern Alberta’s oil sands to ports in Alaska, a project that still faces numerous hurdles. Trump said over the weekend on Twitter he would issue the permit, which he signed on Monday but

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: Prices mostly steady ahead of seeding

MarketsFarm — As farmers decide what to plant in 2020, Dale McManus of Johnston’s Grain at Welwyn, Sask. hasn’t seen any significant deviation from what producers normally buy for pulse seed. “Red lentils, green lentils, green and yellow peas,” McManus cited among the pulses being purchased. Also, he noted, prices have remained quite steady in