(CPR.ca)

CP conductors, engineers serve strike notice

Unionized engineers and conductors on Canadian Pacific Railway’s (CP) trains have served formal notice they’ll strike Sunday, barring a negotiated deal with the company. The Teamsters Canada Rail Conference (TCRC), which represents CP’s locomotive engineers, conductors, trainmen and yardmen, said Tuesday it’s notified CP that the affected workers will strike effective 12:01 a.m. Sunday “in […] Read more



(Richardson International photo)

Bulk shipping cost index sinks to 30-year lows

CNS Canada –– The Baltic Dry Index, which tracks global bulk shipping rates, has fallen to its lowest levels in 30 years, which should make North American grains and oilseeds more competitive in the international market. The index (BDI) was quoted Monday at 554 points, the lowest reading since records start in 1985. The index […] Read more



(Dave Bedard photo)

Strike vote passes for CP engineers, conductors

Canadian Pacific Railway’s unionized conductors and engineers have voted to give themselves a trump card in talks with the company for a new contract. Eligible employees voted 93 per cent in favour of strike action “if necessary” to reach a negotiated settlement with the company, according to their union, the Teamsters Canada Rail Conference (TCRC). […] Read more

Brazil’s grain traders fear monopoly if rail merger allowed

Sao Paulo | Reuters –– Brazil’s grain industry association, Abiove, said on Monday the takeover of the main railway operator America Latina Logistica (ALL) by Rumo, the logistic arm of the biggest sugar and ethanol producer Cosan, could create a monopoly and hurt competition. Cade, Brazil’s antitrust agency, is due to rule Wednesday on the […] Read more


(Lisa Guenther photo)

U.S. grains: Corn, soy rise on short-covering ahead of USDA report

Chicago | Reuters –– U.S. corn and soybean futures edged higher on Monday, lifted by investor short-covering and position-squaring ahead of the monthly U.S. Department of Agriculture supply and demand report due on Tuesday. USDA said earlier that top soybean importer China purchased 120,000 tonnes of the grain within 24 hours, while analysts at AgRural […] Read more

(Dave Bedard photo)

CWB building sold: reports

CNS Canada — The former Canadian Wheat Board’s downtown Winnipeg office building has been sold, according to media reports. The eight-story building on Main Street was bought by Calgary-based Hopewell Development, reportedly for $9.7 million. The former wheat board, now called CWB, will continue to lease two floors of the building. The sale was initially […] Read more