A deal that would have seen the Port of Churchill and the Hudson Bay Railway (HBR) sold to a consortium that includes Fairfax Financial Holdings, pulse crop exporter AGT Food and Ingredients, and several dozen northern and Indigenous communities has fallen through, according to the company that currently owns the infrastructure. Omnitrax reached an agreement-in-principle… Read more »
Tag: OmniTrax
Grain & Trains: How Oil is Part of the Solution to Western Canadian Logistic Woes
Farmers are understandably frustrated by slow grain movements out of the Prairies this year, as a giant crop has western ports at a stand-still. The finger is often pointed at oil tankers hogging all the railway tonne-miles as a major part of slow grain movement off the Prairies, but as with any logistical problem, the… Read more »