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Robin Handler
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Editor of the Option Signal Service since 2003 (www.oss.cc). Author of "The Lunar Cycle and the Stock Market."
My company:
Options Signal Service
My blog:
Wall Street Forecaster
  • CN's $2.6M Mystery U.S. Trips Never Unloaded Biodiesel 0 comments
    Dec 3, 2012 11:00 PM

    A CBC News investigation has uncovered a cross-border mystery involving unexplained shipments of biodiesel tanker cars that were sent back and forth numerous times between Canada and the U.S. by CN Rail but were never unloaded.

    According to leaked internal CN documents, the rail company stood to make $2.6 million for the effort.

    "CN received shipping directions from the customer, which, under law, it has an obligation to meet," CN Rail spokesman Mark Hallman said last week. "CN discharged its obligations with respect to those movements in strict compliance with its obligations as a common carrier, and was compensated accordingly."

    FULL STORY: http://www.cbc.ca/news/canada/story/2012/11/30/cn-biodiesel-mystery-shipment.html

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