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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (71496)11/26/2019 8:56:56 AM
From: Goose94Read Replies (1) of 202707
 
Canadian National Railway (CNR-T) has left at least 35 vessels waiting at Canada's West Coast to load grain shipments, says Quorum president Mark Hemmes.

Mr. Hemmes said many of the grain-handling facilities at major ports on the West Coast are serviced only by CN. Shipments from those ports supply international markets, including Asia.

Nutrien said it was preparing to shut down its largest potash mine, at Rocanville, Sask., for two weeks effective Dec. 2. The north shore of Port of Vancouver's Burrard Inlet is home to a major potash and coal export terminal as well as grain terminals operated by Cargill and Richardson International that are normally serviced only by CN.

A "trickle of cars" from Canadian Pacific Railway was reaching the grain terminals, but they are "for all intents and purposes shut down," said Western Grain Elevator Association director Wade Sobkowich. Cargill says it has taken "mitigation measures" to ensure customer needs are met. About 300 farmers, angry at a shortage of propane they need to dry grain, demanded government action to end the strike.
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