(Source: Bloomberg News, November 4, 2013)
OTTAWA — Record crops in Canada, the world’s top canola grower and second-largest wheat exporter, are overwhelming the country’s rail system, creating a shortage of grain cars and slowing shipments to foreign buyers. The nation’s two major carriers, Canadian National Railway Co. and Canadian Pacific Railway Ltd., are each providing about 5,000 to 5,500 cars a week to move grain at a time when companies need more than twice that amount.
Full story: Bloomberg News