Insights and Stories on Cp

May. 7, 2020 at 4:30 am CDT

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) […]

By Dave Bedard

Feb. 19, 2020 at 8:25 pm CST

MarketsFarm — Vessels waiting to ship grain off Canada’s West Coast are backing up as blockades across the country slow rail traffic, according to reports tracking grain movement. Railway blockades have sprung up at a number of locations across the country over the past two weeks, as protestors express solidarity […]

By MarketsFarm Team

Feb. 11, 2020 at 6:55 pm CST

Reuters — Canadian National Railway said Tuesday it would be forced to shut down parts of its network unless rail line blockades in protest against a natural gas pipeline in British Columbia are removed. The protests of recent weeks are seen as a flashpoint for indigenous rights and reconciliation and […]

By Denise Paglinawan

Feb. 6, 2020 at 4:20 pm CST

Ottawa/Winnipeg | Reuters — The federal government said Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway (CP) crude oil train derailed and caught fire. The accident, which happened in the early hours of Thursday near Guernsey, Sask., about 40 km south […]

By David Ljunggren, Rod Nickel

Dec. 30, 2019 at 8:35 pm CST

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 […]

By GFM Staff