Sustainability Billion dollar challenge for ship operators and insurers as Panama Canal expands August 5, 2014 NEW YORK, N.Y.–As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks that will arise from its plan to double…
Sustainability IBC says cargo theft reporting program pays dividends July 15, 2014 TORONTO, Ont.–After a recent police raid, Insurance Bureau of Canada’s (IBC’s) cargo theft reporting program helped police to identify the owners of approximately $1.4 million in stolen…
Sustainability Canada’s Deputy Minister of Transport meets with Zurich Insurance to discuss trends in railway insurance April 25, 2014 SCHAUMBURG, Ill.–Property and casualty insurance provider Zurich’s Ron Mathewson, Assistant Vice President of the Railroad Specialty practice, met with…
Sustainability IBC applauds BC government’s initiative to prepare for “catastrophic seismic event” March 12, 2014 VANCOUVER, B. C.–The Insurance Bureau of Canada (IBC) has applauded today’s announcement by the Government of British Columbia for initiating a consultation and public education campaign on…
Transportation Bison Transport named grand prize winner at TCA’s National Safety Awards March 7, 2012 KISSIMMEE, Fla. – Bison Transport was named the grand prize winner in the large carrier division at the Truckload Carrriers Association’s coveted National Safety Awards last night. Erb International and…
Transportation Last year safest in freight railroad history: AAR March 16, 2010 WASHINGTON, D.C. — The Association of American Railroads has deemed 2009 the safest year in freight railroad history. Preliminary year-end data indicates the train accident rate, employee casualty rate and…
Financial performance Chubb expands online commercial inland marine system capabilities; February 3, 2010 WARREN, NJ, — The Chubb Group of Insurance Companies has expanded its online commercial inland marine system used by agents and brokers to quote, bind and issue insurance policies. The…
Transportation CN Rail faces challenges in second quarter July 22, 2008 MONTREAL, Que. — Canadian National Railway’s second-quarter financial and operating results showed a mixture of gains and loses when compared to the same period last year. Diluted earnings per share…
Transportation CN third quarter results “exceptional”, according to railway’s CEO October 20, 2006 MONTREAL, Que. — CN has reported a 9% increase in its revenues and a 21% increase in its net income for the third quarter. E. Hunter Harrison, president and chief…
Transportation Arrow Truck Sales launches new programs March 15, 2005 Mississauga, ON- Arrow Truck Sales has launched its Arrow Advantage partnership program with aim to improve the overall buyer experience, says the company. The campaign, "Arrow Advantage One Stop Is…