Canada Labor Minister Intervention Pushes Out Potential Teamsters Strike -- Market Talk
1107 ET - Canadian supply chain will likely be safe from labor action as a regulator investigates the effects of a potential strike. CIBC's Kevin Chiang notes that the Teamsters Canada Rail Conference
Rail Carriers Contemplate Life After Diesel: What's Next? -- Journal Report
By Esther Fung Railroad operators like to say that trains are greener than trucks when it comes to moving goods, pointing out that one railcar can haul three to four times as much as a truck, and one
Canadian Pacific Kansas City Says Railroad Strike Unlikely in Next 60 Days
By Paul Vieira OTTAWA--Canadian Pacific Kansas City says it could take up to two months for the country's labor-relations board to issue a decision on whether railroads must transport certain goods d
Update on TCRC Collective Bargaining Negotiations
CALGARY, AB, May 16, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today published the following update on collective...
Bill Ackman's Pershing Square Q1 Shake-Up: Home Retailer Dumped, Hot Restaurant Stake Trimmed And A 'Magnificent 7' Holding Juggled
Hedge-fund manager Bill Ackman's Pershing Square Holdings, Ltd. (OTC:PSHZF) shed shares of a home improvement retailer and reduced its stake in a fast-casual diner, while maintaining most of its other
U.S. Weekly Rail Traffic Rises 0.6% Year-over-year
Sarah Ketterer's Strategic Moves in Q1 2024: A Focus on UBS Group AG
Intermodal Still Powering North American Rail Traffic -- Market Talk
1223 ET - North American freight-railroad traffic rises 2.3% for the week ended Saturday, with strong intermodal performance again carrying the load. Carloads fall 2.6% on 12 reporting U.S., Canadian
Canada Labor Board Signals Potential Railroad Strike Won't Start May 22
By Paul Vieira A potential strike at Canadian National Railway and Canadian Pacific Kansas City is unlikely to start on the planned date of May 22, as the national labor-relations board says it needs
Norfolk Southern Shares Down 3.2% After Shareholders' Split Decision in Board Battle
By James Rogers Norfolk Southern and activist Ancora have been trading barbs ahead of the company's annual shareholder meeting Thursday Shares of Norfolk Southern Corp. are down 3.2% Thursday after
National Bank Provides Monthly Update on Canadian Freight
National Bank on Thursday provided the monthly update on Canadian freight volumes. On general freight trends, National Bank noted that the Cass Transportation Shipments Index, which tracks overall fre
U.S. Weekly Rail Traffic Stays Flat Year-over-year
North American Freight-Rail Traffic Keeps Rising -- Market Talk
1230 ET - North American freight-railroad traffic rises 2.2% for the week ended Saturday, marking 14 straight weekly gains. Carloads slip 0.9% on 12 reporting U.S., Canadian and Mexican railroads amid
U.S. Weekly Rail Traffic Rises 0.7% Year-over-year
CPKC Executive Vice-President and Chief Marketing Officer to Address the 2024 Bank of America Transportation, Airlines and Industrials Conference on May 15, 2024
CALGARY, AB, May 2, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) Executive Vice-President and Chief Marketing Officer ...
CN Rail Labor Agreement With Canadian Track-Maintenance Workers Ratified
By Robb M. Stewart Canadian National Railway cemented a three-year labor deal with one union even as workers representing another voted in favor of walking off the job as early as May 22. The rail o
Express News | Canadian Railways and Canadian Pacific Railway workers voted for the strike.
North American Freight-Rail Traffic Ekes Out Gain -- Market Talk
1224 ET - North American freight-railroad traffic ticks up 0.5% for the week ended Saturday, as stronger intermodal volumes are just enough to overcome another steep drop in coal shipments. Carloads f
CPKC President and Chief Executive Officer to Address the 2024 RBC Capital Markets Canadian Industrials Conference on May 14, 2024
CALGARY, AB, May 1, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel...
Correction to Glass Lewis Backs Activist Nominees for Norfolk Southern's Board Article
Ancora Holdings has seven nominees for Norfolk Southern's board. "Glass Lewis Backs 6 Activist Nominees for Norfolk Southern's Board" at 8:15 a.m. ET incorrectly said the activist investor still has e
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