Photo courtesy of CN
A backlog of grain is almost gone from farms on Canada’s Prairies after the coronavirus outbreak damped demand for rail transport of goods from sectors including manufacturing and construction.
A report a Yahoo Finance notes that railways handled record-high volumes of wheat, canaola and other crops, according to Wade Sobkowich, the executive director of the Western Grain Elevator Association, which represents exporters including Glencore Plc’s Viterra unit and Richardson International.
Exports are surging through the Port of Thunder Bay, and the number of ships waiting for grain in Vancouver has tumbled 43% from a peak in March.
