Transportation
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Commercial vehicle sales to hit double digit growth
E-commerce and overall freight movement increases pushing need for new trucks
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CP asks KCS shareholders to vote against CN
CP says delay needed to bring more information to light
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Intermodal volumes up over 20 percent in Q2
Trans-Canada trade corridor saw 29.6 percent growth, IANA says
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CP Rail not giving up on bid for KCS
Canadian Pacific Railway Ltd. says it stands “ready to re-engage” with KCS if CN’s $33.6-billion takeover bid is rejected
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Air cargo posts strongest growth since 2017
First half-year air cargo growth reached eight percent, its strongest first half performance since 2017
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Drone Delivery Canada receives domestic cargo license
DDC has become the first publicly traded drone delivery company to be granted a domestic cargo licence
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Air Canada sees record cargo revenue, overall losses
Air Canada saw cargo revenues increase 33 percent to a record $358 million in the second quarter of 2021. However, the airline also lost $1.17 billion or $3.31 per diluted share, compared with a loss of $1.75 billion or $6.44…
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Union Pacific Q2 profit jumps 59 percent
Railroad hauled 22 percent more cargo than a year ago
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Ontario imposes restrictions in northwest as wildfires burn
New restrictions on mining, rail, construction and transportation industries
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CN reports strong earnings growth as rail traffic recovers
Canadian National Railway Co. nearly doubled earnings and revenues in its second quarter