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Exclusive: Canada railroads cut crude freight rates to lure shipments

2015-10-15 23:48:45| Railroads - Topix.net

Canadian rail companies are slashing rates for shipping crude in their first serious effort to revive an industry rocked by the rout in global oil prices, according to shippers and terminal operators who are seeing discounts of as much as 25 percent. CALGARY, Alberta/NEW YORK: Canadian rail companies are slashing rates for shipping crude in their first serious effort to revive an industry rocked by the rout in global oil prices, according to shippers and terminal operators who are seeing discounts of as much as 25 percent.

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