The Forests Products Association of Canada said rail delays last year cost the forest sector over $500 million.
Crude-by-rail exports have spiked over the past year amidst a pipeline shortage and a big discount on Western Canadian Select oil.
Temporary action related to rail transportation backlogs, a possible Canadian Pacific Railway strike and growing inventory.
They cite reductions in crew, locomotives and cars in a drive to boost bottom lines for railroads.
Crack had been there for some time and the rail broke when the train passed over it on Oct. 3.
Offering incentives for key employees to delay retirement and postpone vacations, and to entice back recently-retired employees.
Heavy snow in Western Canada and frigid temperatures slowed service fro both rail companies.
Hunter Harrison tells conference new investments in traditional energy will dry up because of environmental hurdles.
A sluggish economy and lower volumes of coal, grain and energy products could undermine the lofty 2015 earnings goals, analysts say.
Contract includes wage increases, benefits improvements and a commitment to maintaining operations.
Oil extraction prices rally thanks to a cold winter and lower US inventories
Conservatives suggest striking CP workers were a risk to Canada’s entire economy.