# 'We apologize': CN and CP reiterate recovery plan amid continued grain backlog - Financial Post

> CN and CP executives told a House of Commons agriculture committee in Ottawa how they are clearing the prairie grain backlog, including recalling retirees, delaying vacations, hiring and leasing locomotives. Grain producers have asked the federal government for an order-in-council forcing minimum grain volumes to be moved.

- Date: 2018-03-19 · published 2018-03-19T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/66017-we-apologize-cn-and-cp-reiterate-recovery-plan-amid-continued-grain-backlog
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A possible federal order forcing minimum rail volumes would speed grain exports and ease the export bottleneck, while continued delays keep Canadian grain and canola prices supported.

## Read by commodity

- WHEAT: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-28 | [CP Rail revenue sags due to bad winter, lower grain shipments and labour dispute - Financial Post](https://feedsoft.ai/events/41859-cp-rail-revenue-sags-due-to-bad-winter-lower-grain-shipments-and-labour-dispute.md) | -1.3% | +0.9% |
| WHEAT | 2019-07-15 | [Romanian union says strike averted at ADM Constanta grain silos \| Financial Post](https://feedsoft.ai/events/58106-romanian-union-says-strike-averted-at-adm-constanta-grain-silos-financial-post.md) | -0.5% | -3.1% |
| WHEAT | 2018-03-08 | [CN apologizes, promises immediate action to clear backlog of grain shipments  - Brotherhood of Locomotive Engineers and Trainmen](https://feedsoft.ai/events/66015-cn-apologizes-promises-immediate-action-to-clear-backlog-of-grain-shipments.md) | +0.5% | +0.4% |
| WHEAT | 2020-03-12 | [CN begins recovery plan following railway blockades \| The Western Producer](https://feedsoft.ai/events/54140-cn-begins-recovery-plan-following-railway-blockades-the-western-producer.md) | -4.3% | -5.8% |
| WHEAT | 2019-12-13 | [CN reports grain movement back at pre-strike pace - Manitoba Co-operator](https://feedsoft.ai/events/55603-cn-reports-grain-movement-back-at-pre-strike-pace-manitoba-co-operator.md) | +2.1% | +4.6% |

## Sources

- financialpost.com: https://financialpost.com/transportation/we-apologize-cn-and-cp-reiterate-recovery-plan-amid-continued-grain-backlog/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.