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Industrials News

Stephen Harper: Railways under scrutiny over grain shipments
Prime Minister Stephen Harper indicated he is prepared to continue intervening in a railway system dominated by two companies in order to keep products such as grain moving for export.
Posted on 3-13-2015 at 7:35 AM
Canadian rail tankers to face tougher safety requirements
Canada is working to harmonize new rules for transporting dangerous goods with the U.S. as regulators in both countries try to cope with increasing shipments of oil by rail.
Posted on 3-12-2015 at 2:00 PM
About 1,000 laid off by Husky oil sands contractor, union says
About 1,000 construction workers employed by a contractor at Husky Energy Inc's Sunrise oil sands project were laid off unexpectedly on Wednesday, a union official confirmed.
Posted on 3-12-2015 at 9:30 AM
Bombardier suffers another setback as CSeries passed over by Austrian Airlines
Deutsche Lufthansa AG’s Austrian subsidiary has chosen Embraer SA’s E195 jet over rival Bombardier Inc.’s C Series, the latest setback in the Canadian company’s efforts to generate crucial sales for the new aircraft.
Posted on 3-12-2015 at 8:39 AM
Warren Buffett’s Berkshire Hathaway revamps railroad service with cash infusion and fewer cars
In addition to hiring more than 7,000 new workers and spending $5.5 billion on improvements to its network, the railway also has done something unexpected: it pulled thousands of rail cars off its lines.
Posted on 3-11-2015 at 8:32 AM
Fiery rail spills puts safety focus on cutting oil’s volatility
A series of rail accidents involving oil tank cars that exceed federal safety standards yet still burst into flames after derailing is shifting the focus from the container to the crude -- and whether it’s too explosive to be carried by train.
Posted on 3-10-2015 at 6:57 AM
General Motors announces $5-billion share buyback
General Motors Co. said it will buy back $5 billion US in shares by the end of 2016 and that activist investor Harry J. Wilson will give up his request for a board seat after reaching an agreement with the automaker.
Posted on 3-09-2015 at 7:54 AM
Railways tackle accidents as group seeks ban on oil trains
CN Rail is building a 1,500-foot long track to bypass a burning train that derailed Saturday in Northern Ontario.
Posted on 3-09-2015 at 7:19 AM

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