Canada

Joanna Marsh Thursday, May 9, 2019

Canadian National subsidiary acquires intermodal assets

A Canadian National (NYSE: CNI) subsidiary has acquired the intermodal assets of Alberta-based H&R Transport, a company that specializes in the over-the-road, temperature-controlled service. The acquisition will expand CN’s presence in moving consumer goods, and is part of the company’s broader effort to offer more end-to-end rail supply chain options, according to railroad president and […]

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Wednesday, May 8, 2019

Cervus sees truck sales recovery with new deliveries

Cervus Equipment (TSX: CRV) expects truck sales to rebound its Canadian Peterbilt dealerships as an order backlog improves during 2019. “The order backlog is a North American backlog,” CEO Graham Drake said during a call with analysts on May 9, a day after the company released its first quarter 2019 results. “Getting the right trucks […]

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Wednesday, May 8, 2019

British Columbia longshoremen to hold strike vote

Members of the International Longshore and Warehouse Union (ILWU) in British Columbia will vote on authorizing a strike, setting the stage for potential disruptions at the Ports of Vancouver and Prince Rupert. Longshore chapters of the ILWU will vote on May 8 and 9, according to a notice sent by the union’s national leadership. If […]

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Saturday, May 4, 2019

Court rejects Saskatchewan’s challenge to Canada’s federal carbon tax

Saskatchewan’s highest court quashed a challenge to the Canadian government’s carbon tax, ruling that it was constitutional. The 151-page ruling by a majority of the Court of Appeal, released on May 3, found that the Federal government of Prime Minister Justin Trudeau, acted within its legal authority when it placed a carbon tax on Saskatchewan. […]

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