Canadian National and Canadian Pacific Railway, who together account for most crude-by-rail shipments, are cutting rates by as much as 25%.
This is being done in an effort to attract shippers as crude oil prices continue to fall and shipments from Canada to the U.S. continue to decline. AMTR advises current and potential shippers to be on the lookout for updates to tariffs and investigate new contracted rates during this time.
There are no comments yet, but you can be the first