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CN, CP exceed Western grain revenue entitlements, ordered to pay back $9M

2015-12-29 23:12:57| Railroads - Topix.net

The Canadian Transportation Agency says the country's two main railways have exceeded their Western grain revenue entitlements for the 2014-2015 crop year and must repay those sums along with penalties. According to the transportation agency, Canadian National Railway's grain revenue of $745,068,906 was $6,866,595 above its entitlement, while Canadian Pacific Railway received $2,137,168 above its revenue entitlement of $724,045,774.

Tags: back pay western revenue

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