(Source: Freight Waves, March 10, 2020)
CHATTANOOGA, Tenn. — Canadian grain producers anticipate industrywide costs of the recent rail blockades will total roughly C$300 million overall by the time network capacity returns to normal later this year. The costs come from fees such as demurrage, contract penalties and lost sales, according to Grain Growers of Canada Executive Director Erin Gowriluk. She estimates it could take 12-14 weeks before grain capacity returns to normal.
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