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Industrials News

Federal government imposes lower speed limits for dangerous goods trains
Canada will immediately impose a new speed limit of 40 mph for dangerous goods trains moving through urban areas with more than 100,000 people, Transport Minister Lisa Raitt said on Thursday.
Posted on 4-24-2015 at 9:08 AM
Oil price plunge hurting North American auto sales
The fallout from plunging oil prices is hitting home in two areas of North America that normally diverge when it comes to the impact of energy.
Posted on 4-24-2015 at 7:49 AM
General Motors posts weaker-than-expected quarterly profit
Excluding one-time items related to ending manufacturing in Russia and the compensation program related to the faulty switch, GM earned 86 cents a share. That was below the 97 cents analysts polled by Thomson Reuters I/B/E/S had expected.
Posted on 4-23-2015 at 7:59 AM
General Motors gets boost from smaller pickups, but doubters question for how long
General Motors Co's return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models.
Posted on 4-22-2015 at 4:29 PM
Air Canada nearly doubles CEO Rovinescu’s pension
Air Canada has given Calin Rovinescu an enhanced pension that will almost double his retirement pay to $791,300 a year by age 65 if he remains at the airline for three more years.
Posted on 4-22-2015 at 7:25 AM
CP Rail earnings rise on higher revenue as efficiency improves
Canadian Pacific Railway Ltd. reported higher first quarter earnings on Tuesday as revenues jumped and the company significantly improved its operating efficiency.
Posted on 4-21-2015 at 9:41 AM
CN Rail announces new spending on safety as profit rises
The spending budget includes $500-million announced last week to upgrade its network in Western Canada and new rail-truck terminal in Milton, Ont.
Posted on 4-21-2015 at 7:00 AM
Bombardier hires industry veteran to sell C Series
Industry veteran Colin Bole will take over in May as senior vice-president of sales and asset management at Bombardier Commercial Aircraft.
Posted on 4-20-2015 at 1:55 PM

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