Newspaper article The Canadian Press

CP Rail Says Late Harvest Is Delaying Grain Movement; Seeks Collaboration

Newspaper article The Canadian Press

CP Rail Says Late Harvest Is Delaying Grain Movement; Seeks Collaboration

Article excerpt

Late harvest delaying grain movement: CP Rail

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CALGARY - Canadian Pacific Railway Ltd. (TSX:CP) says a delayed harvest means the railway has moved less Canadian grain than at this time last year or on average over the past three years.

The Calgary-based company says it's standing ready to move what's expected to be close to a record crop, but the grain's not yet ready to move.

The warning comes as farm groups worry about a repeat of a rail bottleneck in 2013-2014, which also had a large harvest.

The Canadian Federation of Agriculture has called on Transport Minister Marc Garneau to ensure railways don't abuse their role and to maintain limits on how much profit they can make from grain transportation.

CP Rail said Friday that it's going to launch a scorecard to track performance of the different players in the grain supply chain, not just the railway. …

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