(Photo courtesy CN)

CN books lower first-quarter grain handle

Higher revenue per carload offset reduced grain and fertilizer traffic for Canadian National Railway (CN) in its first fiscal quarter. Montreal-based CN on Monday reported overall net income of $792 million on total revenues of $2.964 billion for the quarter ending March 31, up from $704 million on $3.098 billion in the year-earlier Q1. The […] Read more


(Dave Bedard photo)

Ottawa moves to extend expanded rail interswitching

Prairie crop growers hoping that changes in federal rail freight rules will continue past their expiration date are about to get their wish. Transport Minister Marc Garneau and Agriculture Minister Lawrence MacAulay on Friday announced they would bring forward a resolution in Parliament to extend provisions of the previous government’s Bill C-30, the Fair Rail […] Read more




(Dave Bedard photo)

Canada’s farmers seen seeding less canola than expected

Reuters — Canadian farmers intend to seed less canola than expected, and will sow record-large areas with pulse crops, according to the government’s first farmer survey of crop sowings for 2016, released on Thursday. Wheat seedings are also expected to decline, but not as much as traders and analysts expected on average. Statistics Canada estimated that […] Read more





(NSCorp.com)

CP scraps plans to buy Norfolk Southern

Reuters — Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern, almost six months after it launched its unsolicited US$28 billion bid for the fourth-largest U.S. railroad operator. The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement CP had […] Read more

Red lentils. (PulseCanada.com)

Saskatchewan lentil acres seen rising

CNS Canada — The International Year of the Pulses is certainly living up to its name, as territories capable of growing them look to cash in on India’s insatiable demand for supplies. However, it seems not all pulses are created equal, as lentils appear to be the main driver, with peas coming in second. “It […] Read more