VANCOUVER, British Columbia, April 7 Canada
launched a review on Monday of the country's railroad freight
service, which is dominated by the Canadian National (CNR.TO)
and Canadian Pacific (CP.TO) railways.
The review, expected to take more than a year to complete,
could result in new regulations on the carriers, but will also
examine how much blame shippers and terminal operators will
share for service problems, Transport Canada said.
CN and CP have enjoyed a booming business in recent years,
but some shippers groups, particularly grain shippers, say
service levels have deteriorated even as rail rates have
A yet-to-be-appointed three-member panel will review data
collected on the railway operations over the next year and will
recommend changes to Federal Transport Minister Lawrence
Cannon, the government said.
(Reporting Allan Dowd; Editing by Bernadette Baum)