Crude by rail bounces back in September from summer lows
CER says 94,440 barrels per day moved, nearly double the 51,000 bpd shipped in August.
CN layoffs only there’s a dramatic slowdown during second wave: CEO
Business is recovering from a big drop in volume that forced the railway to withdraw its full-year guidance.
Alstom shareholders approve $8.4B Bombardier Transportation deal
Combined company is expected to become the second-largest manufacturer of rolling stock.
Bombardier to lay off 200 workers at Thunder Bay plant
Looking for orders as its fate to be determined with the potential purchase by Alstom.
Slump frees pipeline space, crude exports by rail fall
Shipments at a four-year low as crude is moved by less expensive route.
Bombardier supports assets sale for EU approval of Alstom’s takeover
Canadian transportation company reaffirms the sale remains on track to close in the first half of 2021.
Via laying off about 1,000 workers as pandemic impacts its business
Employees will receive a temporary written layoff notice that respects their collective agreement’s terms.
Bombardier to be dropped from S&P/TSX composite index
Company says the move doesn’t change anything in terms of its liquidity and status as an actively traded stock on the TSX.
Bombardier starts gradual resumption of manufacturing, reports Q1 loss
Expects business activity to hit a low point in Q2, before gradually recovering in the second half of the year.
Railways confront tough times with volumes dropping as recession looms
Carloads fell more than 17% year-over-year as industrial supply chains remain shut down and retail severely curtailed.
Trudeau urges peaceful end to blockades of rail traffic
Scheer says Teck scuttling of oil sands project the result of Trudeau’s doing nothing to end the disruptions for almost three weeks.
Baloney Meter: Rail blockades and government authority over the police
Conservative claim that the minister of public safety has the ultimate authority over Canada’s national police force is declared a lot of baloney.
Bombardier to report earnings as future hangs in the balance
Possible sale of the plane-and-train maker’s Quebec-based business jet unit or its Berlin-based rail subsidiary.
Cenovus ramps crude by rail to 120,000 bpd, no provincial contracts
Company used a provincial program that relaxed quota constraints on production if it was shipped out on new rail capacity.
Cenovus credits quota easing as it ramps up crude by rail
Shipments to 100,000 barrels per day by the end of last month, which energy company says bodes well for its oil sands expansion plans.
Selling aviation makes sense for Bombardier, says industry analyst
Its railway operations are a steadier generator of cash flows, but the sale of aviation could face political opposition because it is a major Canadian employer
Rail strike, pipeline spill lead Alberta to extend oil curtailment levels
Government will gradually increasing the amount that can be produced.
[BREAKING] Teamsters say they have reached a tentative deal with CN, work set to resume [UPDATED]
Union said normal operations at CN will resume Wednesday at 6 a.m. local time across Canada.
CN Rail cuts profit forecast for 2019 amid ‘softer’ economy
Freight volumes below expectations, manufacturing has also fallen off.
Regulator says crude by rail fell to 310,000 bpd in August
Well below the record high of 354,000 bpd set last December.
Bombardier to invest up to US$300 million more this year on rail division capacity
Announcement comes as the Montreal-based company reports a $36-million net loss.
Bombardier laying off 550 workers at Thunder Bay railcar plant
Local Unifor president fears more job losses beyond the initial layoffs as the contracts wind down.
Oil producers call for oil eased curtailment for rail commitments
Would result in Alberta producers getting better prices for higher volumes of oil.
Infrastructure agency to pitch in to help move along Via Rail project: sources
Rail company wants to build a multibillion-dollar new network of dedicated passenger-rail lines in Ontario and Quebec.
Cenovus Energy vows to build crude by rail capacity
Company is confident Alberta will encourage its as an alternative to delayed new export pipelines.
Blocked Siemens and Alstom merger a win for Bombardier: analysts [UPDATED]
Deal could reduce competition in the signaling and high-speed train markets.
Metrolinx to slap Bombardier with penalties over late LRT car delivery
LRT manufacturer three cars short of the first of 76 to be delivered by Feb. 1.
Bombardier resumes rail car deliveries to NYC after problems
Deliveries suspended, citing software issues and past problems with springs between the cars and doors weeping oil.
Bombardier signs US$669M rail car deal with N.J., but no work north of border
Buy American rules are prompting Bombardier’s plant in Plattsburgh, N.Y., to build the multi-level cars, rather than its facility in Quebec.
CN and CP well poised for 2019 trade headwinds: analysts
Crude-by-rail exports have spiked over the past year amidst a pipeline shortage and a big discount on Western Canadian Select oil.
Via Rail places $989M train order with Siemens for key rail corridor
No Canadian content requirement; the German firm will build the trains at its North American headquarters in California.
Alberta buying its own rail cars to move oil without feds: Notley
The province has already started talks with a third party to buy enough rail cars and locomotives to put two more oil trains a day on the tracks.