Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »


Rail News Home Rail Industry Trends


Rail News: Rail Industry Trends

CN exceeds grain revenue cap by more than $118,000, Canadian Transportation Agency says


During crop year 2004-2005, Canadian National Railway Co.’s western grain revenue of $305.8 million exceeded its cap by $118,700 while Canadian Pacific Railway’s revenue of $323.1 million remained $513,000 below its cap, according to the Canadian Transportation Agency (CTA).

In accordance with the Canada Transportation Act and federal regulations, CN has 30 days to pay the excess amount and a 5 percent penalty to the Western Grains Research Foundation. For crop year 2003-2004, the CTA — which has governed the revenue cap the past five years — determined CPR had exceeded its cap by $321,900.

The cap applies to grain moves from the Canadian Prairies to terminals in Vancouver and Prince Rupert, British Columbia; Thunder Bay, Ontario; and Churchill, Manitoba. In 2000, the cap replaced a rate scale system for grain shipments.

Contact Progressive Railroading editorial staff.

More News from 1/5/2006