Lower Fuel Costs Result in Above Average Decrease in the Volume-Related Composite Price Index for Crop Year 2015-2016

Published on May 1, 2015

OTTAWA, April 30, 2015 /CNW/ - The Canadian Transportation Agency has announced a 5.6 percent decrease in the Volume-Related Composite Price Index (VRCPI), which is used in determining the maximum revenue entitlement for the Canadian National Railway Company (CN) and the Canadian Pacific Railway Company (CP) for the movement of western grain. Decision No. 120-R-2015 sets the index at 1.2517 for the 2015-2016 crop year beginning August 1...

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