cp Archives - Page 15 of 20 - Canadian Cattlemen

U.S. Justice Dept. urges rejection of CP voting trust

By Nick Carey, Tim Ahmann April 9, 2016

Reuters — The U.S. Justice Department on Friday urged a regulator to reject a voting trust Canadian Pacific Railway (CP) has proposed as part of its takeover bid for U.S. railway Norfolk Southern, saying it could hurt competition and would violate rules. In mid-November, CP disclosed a $28 billion offer for the Virginia-based company, which […] Read more

Crops, Machinery, Reuters

ADM suing CP over 2013-14 rail service disruptions

By Nick Carey, Tom Polansek March 23, 2016

Chicago | Reuters –– Archer Daniels Midland has filed a lawsuit against Canadian Pacific Railway over service disruptions in 2013 and 2014 at crop-processing plants in North Dakota and Minnesota, alleging they stemmed partly from cost-cutting and the Canadian railroad’s pursuit of merger partners. Chicago-based ADM, one of the world’s largest grain traders and processors, […] Read more

Crops, Machinery

Farm groups rail against revenue cap proposal

By Dave Sims March 5, 2016

CNS Canada –– A key proposal in the recently released Canada Transportation Act review on Canada’s transport systems is getting thumbs down from several Prairie farm groups. The Agricultural Producers Association of Saskatchewan (APAS) disagrees with the report’s recommendation for a seven-year phase-out of the maximum revenue entitlement (MRE), an annual upper limit on the […] Read more

Crops, Machinery, Reuters

CP mulls litigation over opposition to Norfolk Southern deal

By Allison Lampert, Nick Carey March 2, 2016

Reuters — Canadian Pacific Railway (CP) said Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern. “It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect […] Read more

Crops

Paterson to build new central Alta. elevator

By Canadian Cattlemen Staff February 29, 2016

Winnipeg’s Paterson Grain has lined up property off the QE2 Highway in central Alberta for its next inland grain terminal. The company announced Monday it would start construction “immediately” at a site near Bowden, Alta., about 40 km south of Red Deer, to start taking grain in 2017. The facility, when complete, will have storage […] Read more

Crops, Machinery, Reuters

Transport review urges scrapping railway grain revenue cap

By Rod Nickel February 25, 2016

Winnipeg | Reuters — Ottawa should phase out over seven years its cap on the amount of revenue railways can earn transporting grain, a study for the Canadian government recommended Thursday, a move long urged by railways and opposed by farmers and grain handlers. A review of Canadian transportation laws, aimed at modernizing the system, […] Read more

Crops, Machinery

CP cuts raise worry over potential slowdown

By Dave Sims January 28, 2016

CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries the move is short-sighted and may catch up with the railway in months and years to come, when commodity prices catch fire again. “You dump […] Read more

Crops, Machinery

CN’s 2015 grain handle down, grain revenue up

By Canadian Cattlemen Staff January 26, 2016

Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for […] Read more

Crops, Machinery

CP books more Prairie grain revenue at year-end

By Canadian Cattlemen Staff January 21, 2016

Higher grain revenue on Canada’s Prairies helped lead to record full-year revenues and offset a lower fourth-quarter gross for Canadian Pacific Railway (CP), as the company warned of substantial job cuts ahead. The railway on Thursday reported overall net income of $1.352 billion on record revenue of $6.712 billion for 2015, down from $1.476 billion […] Read more

Crops, Machinery

Supreme Court tosses CP challenge on interswitching

By Canadian Cattlemen Staff January 18, 2016

Canadian Pacific Railway’s (CP) bid to halt new federal rules which allow more Prairie elevators to move loaded grain cars on more than one railway has stopped at Canada’s highest court. The Supreme Court of Canada on Friday dismissed CP’s appeal of an October ruling at the Federal Court of Appeal — a ruling which […] Read more

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Agriculture ministers agree to AgriStability changes

Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Tag Archives cp

U.S. Justice Dept. urges rejection of CP voting trust

ADM suing CP over 2013-14 rail service disruptions

Farm groups rail against revenue cap proposal

CP mulls litigation over opposition to Norfolk Southern deal

Paterson to build new central Alta. elevator

Transport review urges scrapping railway grain revenue cap

CP cuts raise worry over potential slowdown

CN’s 2015 grain handle down, grain revenue up

CP books more Prairie grain revenue at year-end

Supreme Court tosses CP challenge on interswitching

Canadian Cattlemen Presents: Depth of Field

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