Wednesday, March 7, 2018

CN TO CLEAR BACKLOG OF GRAIN SHIPMENTS

  OTTAWA — Canadian National is apologizing for failing to keep grain shipments moving reliably by rail, and says it's taking immediate steps to clear the backlog — including mobilizing more train cars and workers.
   The move comes just two days after CN dumped its president and CEO amid growing complaints that the backlog of shipments is compromising Canada's reputation as a reliable exporter, costing sales and putting farmers in a cash-flow crunch.
   According to the Ag Transport Coalition, CN and Canadian Pacific combined provided only 38 per cent of the rail cars ordered by grain shippers during the week of Feb. 12 — CP delivered 66 per cent of its orders and CN just 17 per cent.

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