Tag Archives: railway

Panama Canal rail traffic hit by computer glitch

Thousands of containers have been stuck at Panamanian ports after a computer glitch hampered communication with the railway, causing significant delays, officials said on Friday. Continue reading

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Baffinland puts off iron mine’s port and railway

Baffinland says it has put off the construction of a port at Steensby Inlet, and the railway connecting the mine to the port, blaming tight financial markets. Continue reading

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Bill Gates ups CN Rail stake to 12%

Microsoft founder Bill Gates has increased his ownership in Canadian National Railway Co. to about 12 per cent. Continue reading

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Bombardier partners with Chinese firm

Bombardier Transportation is joining forces with a Chinese partner to establish a company that will do maintenance and repair work on subway cars in that country’s key railway market. Continue reading

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Canadian Pacific Railway To Cut 4,500 Jobs By 2016

OTTAWA (dpa-AFX) – Canadian Pacific Railway Ltd. (CP, CP.TO) said Tuesday that it plans to cut about 4,500 jobs by 2016 as part of a plan to increase the Canadian railroad operator’s efficiency, l… Continue reading

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Canadian Pacific cutting 4,500 jobs

Calgary-based Canadian Pacific Railway has announced plans to cut 4,500 jobs by 2016, including 1,700 positions over the next month. Continue reading

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Railway Guard Jailed Over Teen’s Death

Railway guard Christopher McGee has been jailed for five years over the death of teenager Georgia Varley. Continue reading

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Canadian National earnings beat expectations

Canadian National Railway beat analyst expectations on adjusted earnings by a penny in the third quarter on revenue of $2.5 billion. Continue reading

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Anti-Islam Film: Bounty Offered For Maker

Pakistan’s railway minister invites the Taliban and al Qaeda to help kill the maker of a film that has sparked widepread protests. Continue reading

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Colombia Railway Strike Ends; Coal Exports Set to Resume

A 25-day strike by workers on a Colombian railway that hauls more than half of the country’s coal exports ended Thursday, the labor union confirmed, which will allow for coal exports to resume within a day or two. Continue reading

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