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Canada to phase out DOT-111 tank cars to ensure rail safety
2014-04-24 01:00:00| Railway Technology
Canada Transport Minister Lisa Raitt has decided to phase out the 5,000 least crash-resistant DOT-111 tank cars in the country, in response to the recommendations following the Lac-Mégantic train derailment in July 2013.
Tags: canada
cars
safety
ensure
Canada Stocks-TSX higher, lifted by CN Rail; banks weigh
2014-04-23 19:29:06| Railroads - Topix.net
Canada's main stock index edged narrowly higher in early trade on Wednesday, with better-than-expected profits at Canadian National Railway Co offset by dips in heavyweight bank shares.
Tags: canada
higher
banks
rail
CP Rail profit rises to $254-million, revenue edges up
2014-04-22 14:25:10| Railroads - Topix.net
Canadian Pacific Railway Ltd.'s net income rose by 16 per cent in the first quarter, a sign the Calgary-based carrier overcame the harsh winter as it posted a profit of $254-million or $1.44 a share.
CP Rail vows to move spring fertilizer
2014-04-19 14:10:24| Railroads - Topix.net
Canadian Pacific Railway has told a federal oversight board that moving fertilizer for spring planting does not present a "significant challenge" for the railroad.
Tags: move
spring
rail
fertilizer
LNG Could Save Your Rail Stock Billions of Dollars
2014-04-19 09:55:52| Railroads - Topix.net
In 2012, the seven largest freight railroad companies spent $11 billion to guzzle more than 3.6 billion gallons of diesel fuel.
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