grain revenue Archives - Page 2 of 2

CN to challenge latest grain revenue penalty

By Canadian Cattlemen Staff February 1, 2016

Ordered to hand over more than $7 million in Prairie grain handling revenue and related fines for the 2014-15 crop year, Canadian National Railway now plans to challenge the bill in court. Montreal-based CN on Monday filed in the Federal Court of Appeal, seeking leave to appeal the Canadian Transportation Agency’s (CTA) Dec. 29 finding […] 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, Markets

More grain revenue on less grain in CN’s Q3 ledger

By Canadian Cattlemen Staff October 29, 2015

Lower grain traffic compared to last year’s record crop year hasn’t translated to lower third-quarter grain revenue for Canadian National Railway (CN). Montreal-based CN on Tuesday booked overall net income of $1.007 billion on $3.222 billion in gross revenue for its third quarter (Q3) ending Sept. 30, up from $853 million on $3.118 billion in […] Read more

Crops, Markets

CP books more grain revenue on less grain in Q3

By Canadian Cattlemen Staff October 25, 2015

Canadian Pacific Railway (CP) boosted its income from Canadian grain by five per cent in its third quarter ending Sept. 30, on its way to its highest-ever Q3 gross revenue. Across all its business segments, the Calgary-based railway on Tuesday reported net income of $323 million on $1.709 billion in revenue for the quarter, down […] Read more

Crops, Machinery

CN overshoots 2013-14 grain handling revenue cap

By Canadian Cattlemen Staff December 18, 2014

The Western Grains Research Foundation will get a $4.98 million gift this season from Canadian National Railway, but not out of holiday spirit per se. The Canadian Transportation Agency on Thursday ruled CN, during the 2013-14 crop year, exceeded its maximum allowable revenue from Prairie grain handling by $4,981,915, above its previously set “entitlement” of […] Read more

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Tag Archives grain revenue

CN to challenge latest grain revenue penalty

CN’s 2015 grain handle down, grain revenue up

CP books more Prairie grain revenue at year-end

More grain revenue on less grain in CN’s Q3 ledger

CP books more grain revenue on less grain in Q3

CN overshoots 2013-14 grain handling revenue cap

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