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Industrials News

Canadian trailer maker Manac to explore potential sale
The largest manufacturer of truck trailers in Canada said on Monday its board has begun a strategic review to explore a potential sale or merger.
Posted on 3-30-2015 at 10:18 AM
GM Oshawa plant closings would have ‘profound’ impact, union study says
The closing of two General Motors Co. assembly plants in Oshawa, Ont., would wipe out about 30,000 jobs, slice more than $5-billion out of Ontario’s gross domestic product and cost the federal and Ontario governments $1-billion in lost revenue.
Posted on 3-30-2015 at 7:00 AM
Not again: Bombardier pushes back CSeries delivery to 2016
The new schedule is a retreat from longstanding comments targeting the end of this year. In a Sept. 7 news release the company said entry into service “remains on track for the second half of 2015.”
Posted on 3-27-2015 at 1:55 PM
Two crew members now required in plane cockpits: Transport Canada
All commercial flights in Canada must have two crew members in the cockpit at all times, Transport Canada announced Thursday afternoon.
Posted on 3-26-2015 at 2:04 PM
CN caps CEO’s bonus because of rise in train derailments, injuries
The company, which has had two recent fiery oil train derailments, said in a report to shareholders that in 2015 safety objectives will play an even greater role in measuring the performance and bonus of the company’s top executive.
Posted on 3-26-2015 at 7:59 AM
Canada facing grim outlook for auto trade
Canada’s automotive trade deficit topped $10-billion last year and threatens to deepen as more assembly plant closings loom and free-trade agreements with the European Union and South Korea take effect.
Posted on 3-25-2015 at 9:09 AM
CN Rail derailment numbers soared before recent crashes
Canadian National Railway's safety record deteriorated sharply in 2014, reversing years of improvements, as accidents in Canada blamed on poor track conditions hit their highest level in more than five years, a Reuters analysis has found.
Posted on 3-23-2015 at 8:02 AM
Ontario town fighting $250M CN Rail development
Hundreds of Milton, Ont. residents are trying to stop a $250-million CN Rail development planned for a plot of land located across the road from a residential neighbourhood.
Posted on 3-20-2015 at 10:39 AM

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