Friday, December 20, 2024

Crude-by-Rail Shipments have Declined Every Month in 2016

From Canada Manufacturing May saw the highest drop, plunging by a third to 6,566 rail cars of crude oil, as the wildfire in Fort McMurray, Alberta, reduced output from the oilsands. Both CN Rail and Canadian Pacific Railway reported lower shipments of energy commodities like crude oil. CALGARY—Shipments of crude-by-rail have shown a steady decline this year and railway executives