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flag Canadian Pacific Railway exceeds grain shipping revenue cap by $1.8M, facing penalty.

flag The Canadian Transportation Agency (CTA) reported that Canadian Pacific Kansas City Railway Co. (CPKC) exceeded its maximum grain revenue entitlement for the 2023-2024 crop year by $1.8 million, requiring the company to pay the excess plus a 5% penalty. flag In contrast, Canadian National Railway Co. was $34.3 million below its entitlement. flag The crop year saw a 3.5% drop in grain volumes moved to 43.7 million tonnes.

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