U.S. rail chiefs take case on grain delays to regulators

|By:, SA News Editor

Senior execs from rail operators BNSF (BRK.A, BRK.B) and Canadian Pacific (NYSE:CP) pleaded with regulators today not to force them to take other operators’ trains on their networks in areas of the northern plains plagued by severe freight delays.

Today's hearing discussed how farmers faced severe delays moving last year’s bumper harvest because of rail congestion, and there is growing concern over the potential for similar delays for this year’s harvest, which already is starting for some crops and also is expected to be large.

"Any decision that forces more railcars on to our already congested system will not create more capacity,” BNSF chief marketing officer Stevan Bobb warned. “It will reduce capacity to some BNSF customers.”