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.