The Canadian Transportation Authoriy (CTA) is receiving submissions and holding consultations on whether to extend the order on grain shipping volume for another four months.
Farmer and grain company reaction seems to be in favour but, this, in my view, is short sighted.
Some shippers, oats in particular, have suffered from railways shipping grain to meet government orders. It would seem that that RRs make more money under revenue cap or entitlement than to USA or domestic market.
Kicking the can down the road by extending the shipping order and not looking at change to revenue entitlement is short sighted.
Farmer and grain company reaction seems to be in favour but, this, in my view, is short sighted.
Some shippers, oats in particular, have suffered from railways shipping grain to meet government orders. It would seem that that RRs make more money under revenue cap or entitlement than to USA or domestic market.
Kicking the can down the road by extending the shipping order and not looking at change to revenue entitlement is short sighted.
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