Canadian Regulator Announces VRCPIs for Crop Year 2023-24
Written by Marybeth Luczak, Executive Editor
For the 2023-24 crop year beginning Aug. 1, the Volume-Related Composite Price Index (VRCPI) for CN and Canadian Pacific Kansas City (CPKC) will be 1.8295 and 1.7616, respectively—both up from the current crop year, according to the Canadian Transportation Agency (CTA), Canada’s equivalent of the U.S. Surface Transportation Board.
![“Thanks to Secretary Pete [Buttigieg], USDOT, the Federal Railroad Administration and all our partners for making the S-Line passenger rail a reality!!” NCDOT Secretary Joey Hopkins said in a July 1 LinkedIn post. “Thanks to the hard work of our NCDOT team we broke ground on the first construction project in the Raleigh to Wake Forest segment, a $19M project to grade separate Durant Road 7 months after the grant announcement!!” (Photograph Courtesy of Joey Hopkins)](https://www.railwayage.com/wp-content/uploads/2024/07/slinelead-315x168.png)
