Canada’s largest railway company will twin a four-kilometre section of track at the Port of Vancouver, a move that will address rail congestion issues, reduce container dwell times and improve the flow of freight traffic at Canada’s largest marine port. Canadian National Railway announced Feb. 14 that it has reached an agreement with the government […] Read more
Tag Archives grain transportation — page 2
Brake failure possible in deadly derailment
Cold temperatures, snow-covered tracks and avalanches can cause winter shipping problems for the rail system
Canada’s Transportation Safety Board released some details last week stemming from the deadly derailment of a westbound Canadian Pacific freight train in a mountainous area near Field, B.C. On Feb. 4, Canadian Pacific Railway train 301 — a 112-car, three-locomotive grain train destined for Vancouver — derailed at Mile 130.6 of the Laggan subdivision, killing […] Read more
Alta. politicians debate oil car plan
Grain movement might be the big issue on producers’ minds as Alberta heads into an election this spring. Worries about potential backlogs were heavily discussed during an MLA and candidate panel at FarmTech Jan. 29 with representatives from the political left and right offering their thoughts on the issue. “Transportation is a large concern of […] Read more
CP reports another record-setting year
Revenue increased 12 percent last year to $7.138 billion, while fourth quarter adjusted earnings per share rose 41 percent
Calgary-based Canadian Pacific Railway reported another record year in 2018, supported by best-ever fourth quarter revenues and strong demand from shippers in every major business sector, including agriculture. CP’s revenues for the three-month period ending Dec. 31 were $2 billion, up five percent from the fourth quarter of 2017, the company announced in a Jan. […] Read more
CN on pace for record grain handlings in 2018-19
Revenues at Canadian National Railway were up 10 percent in 2018 as the company reported strong fourth quarter volumes of grain, crude oil, intermodal cargoes and other commodities. Full year revenues at Canada’s largest railway company were reported at $14.3 billion in 2018, up from $13 billion the previous year. In the three-month period ending […] Read more
CTA urged to scrutinize legality of railway measures
VANCOUVER — The Canadian Transportation Agency (CTA) heard its first day of oral testimony from railway companies and shipper groups yesterday, part of a federal investigation into Vancouver area rail problems that began last November and persisted into early 2019. The oral hearings, which will continue today, are aimed at learning more about the factors […] Read more
CP reports another record setting year
Calgary-based Canadian Pacific Railway reported another record year in 2018, supported by best-ever fourth quarter revenues and strong demand from shippers in every major business sector, including agriculture. CP’s revenues for the three-month period ending Dec. 31 were $2 billion, up five percent from the fourth quarter of 2017, the company announced in a Jan. […] Read more
Prince Rupert optimistic about ag handlings
Agricultural products comprised 32 percent of the shipping containers that moved through the B.C. port last year
The Port of Prince Rupert in northern British Columbia celebrated a historic milestone last month. It moved its millionth 20-foot equivalent (TEU) shipping container of the 2018 calendar year through the port’s recently expanded Fairview Container Terminal. The container was filled with dimensional lumber from Canfor and was moved by rail to the Fairview terminal […] Read more
Oil shipments by rail likely won’t interfere with grain movements
WINNIPEG – When considering the pattern of how grain is shipped by rail in Canada, it’s very unlikely increased oil shipments would interfere, according to Quorum Corporation. “That’s largely because the flow of grain is predominantly to the West Coast and Thunder Bay,” said Quorum President Mark Hemmes. He explained approximately 80 percent of Canadian […] Read more
Railways ordered to pay $2.7 million for exceeding MRE
Canada’s two largest railway companies — Canadian National Railway and Canadian Pacific Railway — have been ordered to pay nearly $2.7 million to the Western Grains Research Foundation after exceeding their maximum revenue entitlements for moving western Canadian grain. In a Dec. 31 ruling, the Canadian Transportation Agency said CN generated grain-related revenues of $788 […] Read more
