Canadian grain

Canadian grain shippers hopeful about rail service in current crop year

Canadian grain producers generally expect rail service in the 2023-2024 harvest year to meet market needs, but they’re keeping an eye on other factors that could affect rail service in the coming years, such as grain export capacity at the Port of Vancouver.

Grain shippers are also waiting for the supply chain to completely recover from a July labor strike at the ports of Vancouver and Prince Rupert.

“It’s always the same story this time of year when it comes to rail service and rail capacity. We...

https://www.freightwaves.com/news/canadian-grain-shippers-hopeful-about-rail-service-in-current-crop-year

Canadian Pacific touts record grain movements in January

Canadian Pacific established a monthly record in January for how much grain it moved during the month.

CP (NYSE: CP) transported 2.29 million tons of Canadian grain and grain products in January. Since the start of the 2022-23 crop year on Aug. 1, CP has carried more than 15 million metric tons.

January’s total represents more than double what was shipped in January 2022, according to CP. Setting the record is also significant because rain in Vancouver, British Columbia, holiday closures and...

https://www.freightwaves.com/news/canadian-pacific-touts-record-grain-movements-in-january

CN, Canadian Pacific foresee lower grain volumes, colder-than-normal winter

A photograh of grain bins in a snowy field.

Colder weather and lower grain volumes are just some of the issues that Canadian railways CN and Canadian Pacific anticipate as winter approaches, according to the winter operational plans that both submitted to the Canadian government.

The railways are required to submit the plans under the Canada Transportation Act. 

Grain shipments likely to be lower this winter: CN

After achieving record grain volumes during the 2020-2021 crop year, which ran from Aug. 1, 2020, to July 31, 2021, grain...

https://www.freightwaves.com/news/cn-canadian-pacific-foresee-lower-grain-volumes-colder-than-normal-winter

Canadian grain shippers, railroads brace for lower grain volumes

A photograph of strands of wheat.

Canadian grain shippers expect rail service to match demand this crop year, although lingering service issues from summer wildfires plus broader network capacity concerns are also on their minds.

Grain stakeholders anticipate lower volumes this crop year, which runs from Aug. 1 to July 31, 2022, as this summer’s drought in western Canada will likely lower crop volumes. 

The U.S. Department of Agriculture expects Canadian wheat production to be its lowest since 2010-2011, resulting in lower export...

https://www.freightwaves.com/news/canadian-grain-shippers-railroads-brace-for-lower-grain-volumes

Canadian railways boast record grain volumes in 2020-2021

A photograph of a combine harvester collecting grain in a field.

Canadian Pacific and CN shattered records for hauling Canadian grain and grain products in the 2020-2021 crop year, which ran from Aug. 1, 2020, to July 31, 2021.

More efficient network boosted volumes: CP

CP (NYSE: CP) hauled 30.62 million metric tons (MMT), the most in its 140-year history, the railroad said Tuesday. That was 3.7% higher than the previous record of 29.52 MMT in 2019-2020.

The railway says 2020-2021 was the fourth consecutive year that CP broke its annual movement record.

Including...

https://www.freightwaves.com/news/canadian-railways-boast-record-grain-volumes-in-2020-2021

Canadian Pacific, CN continue to lobby for merger support

A photograph of a CN train traveling through a field.

Rivals Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) are still at work seeking to convince the Surface Transportation Board (STB), industry stakeholders and Kansas City Southern (NYSE: KSU) shareholders which Canadian railway is the best company suited to merge with Kansas City Southern (KCS).

CP and KCS had announced plans to merge in March, while CN said in April that it is also interested in acquiring KCS. Both CP and CN are Canadian railways, and they propose that a merger with KCS would...

https://s29755.pcdn.co/news/canadian-pacific-cn-continue-to-lobby-for-merger-support

March another record grain volumes month for CN

A composite image consisting of three photos. On the left are two photographs. Each are of a train of hopper rail cars. On the right is a photo of a CN locomotive.

Canadian railway CN (NYSE: CNI) moved 2.95 million metric tons (MMT) of western Canadian grain in March, beating a previous record of 2.74 MMT set in 2020. March’s total is also 19% higher than the three-year average of 2.47 MMT.

Since the start of the 2020-2021 crop year on Aug. 1, CN has moved 22.7 MMT of Canadian grain, a 19% increase from 19.1 MMT, which was the previous year-to-date record, set in 2018-2019.

In the first quarter of this year, CN moved 8.2 MMT of Canadian grain, beating a...

https://s29755.pcdn.co/news/march-another-record-grain-volumes-month-for-cn

Canadian grain shippers still see hiccups in rail service

A photograph of grain hopper cars in a rail yard.

Despite significantly high Canadian grain volumes in February, Canadian grain shippers are still seeing some rail service issues as the network recovers from last month’s cold snap and nears the end of March.

“Several monitoring sources point to some significant challenges, which can be attributed to the deep freeze that blanketed the prairies in late February,” said Erin Gowriluk, executive director for the Grain Growers of Canada. “This severely constrained rail movement and the resulting...

https://www.freightwaves.com/news/canadian-grain-shippers-still-see-hiccups-in-rail-service

February another record month for CN grain shipments

A photograph of a freight train crossing a long bridge.

February marked the 12th consecutive month that Canadian railway CN (NYSE: CNI) reached  a monthly record for grain volumes, the company said Tuesday.

CN shipped over 2.28 million metric tons (MMT) of Canadian grain and grain products in February, beating a previous record of 2.12 MMT set in February 2019 by over 7%.

Since the start of the 2020-2021 crop year on Aug. 1, 2020, CN has shipped over 19.7 MMT of grain, which the railway says is 24% higher than the three-year average of 15.9 MMT and...

https://www.freightwaves.com/news/february-another-record-month-for-cn-grain-shipments

Rail Roundup: CSX’s Pennsylvania tunnel update; CP’s record grain volumes

A photograph of train tracks heading under a bridge.CSX could begin construction on Boone tunnel widening in 2022

CSX (NASDAQ: CSX) reports that it’s still on course for a plan to allow double stacking in a tunnel in the Philadelphia area.

The project in Delaware County, Pennsylvania, entails lowering track through the existing Boone railroad tunnel to allow for double-stack clearance on CSX’s Interstate 95 route from Baltimore to Philadelphia, CSX told FreightWaves. CSX expects to begin project construction in 2022. 

In January, the Pennsylvania...

https://www.freightwaves.com/news/rail-roundup-csxs-pennsylvania-tunnel-update-cps-record-grain-volumes

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