Farms.com Home   News

CN Rail $5 Million Penalty for 2013/14 Crop Year

The Canadian Transportation Agency is penalizing the Canadian National Railway company more than $5 Million for the 2013-2014 crop year.

The rail company exceeded it’s maximum revenue allowed for hauling western grain.

The Transportation Agency requires that CN pay the $5 Million penalty within 30 days to the Western Grains Research Foundation.

Meanwhile, Canadian Pacific Rail came in $1.6 Million below their allowed revenue from hauling grain.

During the 2013-2014 crop year, more than 38 million tonnes of western grain were moved by rail, which is 18.8 per cent more than was hauled during the previous year.


Trending Video

Higher Crude Oil Futures for Longer = Stagflation?

Video: Higher Crude Oil Futures for Longer = Stagflation?


Fears are starting to grow that higher crude oil futures for longer could see slower economic growth and higher inflation BUT…. At a meeting in Paris, the Chinese team said they would be willing to buy more non-U.S. soybean row crops???? Trump's delay with the Xi meeting (pushed out to end of April) was replaced with the Ag Appreciation Day” on March 27th, 2026. A dry weather pattern for the Central Plains/U.S. winter wheat country causing are wildfires in NE and breaking record temps for March. Stocks are officially in a correction as funds continue to sell the metals to buy energy and ag + more.