By Matt Noltemeyer for bakingbusiness.com Transportation of grain was relatively trouble-free last week, millers and traders said, although some railroads remained about a week behind in placing empty cars at origins. The Union Pacific railroad suspended single car voucher offers early in March in order to catch up in car placement that at times stretched […]
Published by progressiverailroading.com Canadian Pacific today announced it hauled more Canadian grain and grain products in the 2019-2020 crop production year than in the railroad’s 139-year history. In total, CP moved 29.52 million metric tons (MMT) this crop year, exceeding last year’s record of 26.77 MMT by 10 percent, company officials said in a press release. […]
CN marked a record March for grain moved by rail, Canadian news outlets reported last week. The railroad moved 2.62 million tonnes of grain last month, a 6 percent increase from March 2017, the previous record CN set for March. The record comes as the Class I works to clear up a backlog built after a month of […]
Barge traffic screeches to a halt. The impacts of this year’s flooding on the U.S. Inland Waterway system on grain shipments both on and off land along multiple rivers have a long tail. Because many locks and dams have been closed or are operating on a limited basis, river market grain elevators are threatened by […]
By KEVIN CHEEK, Committeeman Dupo Carshop Union Pacific Chairman, President, and CEO Lance Fritz paid a visit to the carshop in Dupo, IL on April 6th 2018, along with a bevy of his cohorts, to hold a town hall with it’s employees. The employees numbered around 100 and were made up of numerous departments of […]
Vast Russian wheat inventories and a weak ruble have conspired to keep prices for the grain low on international markets, depressing American wheat exports and railroad wheat volumes. Since May 2014, when wheat was trading at 716 cts per bushel, prices have fallen 36%, to 457 cts per bushel as of Monday. A widely quoted […]