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Commodity producers warn of shipment delays if Alberta adds more oil railcars [Toronto Globe and Mail (Ontario, Canada)]

Canadian Pacific Kansas City Limited Common Shares (CP) 
Last canadian pacific kansas city limited common shares earnings: 4/21 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.cpr.ca/financials/default.aspx
Open this photo in gallery Crude oil and other petroleum products are transported in rail tanker cars on a Canadian Pacific Railway train near Olds, Alberta, on Oct. 23, 2018. Larry MacDougal Industry groups representing miners, grain traders and forestry companies that rely on railways are warning Alberta’s plan to buy and add oil trains to Canada’s busy track network risks causing congestion and delaying their shipments. “It’s a huge problem for our members,” Derek Nighbor, president of the Forest Products Association of Canada, said Thursday. The industry lost $500-million in 2018, he said, because of poor rail service and the inability to get its commodities to market. “I’m tired of this game of commodity whack-a-mole, where the grain is not moving so let’s help the grain people, or the oil industry needs help,” Mr. Nighbor said. “We need to deal with the whole commodity supply chain here. … We need to make sure all of our goods mov Show less Read more
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