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Road and Rail

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  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. A lockout could spur disruptions of...

  • TORONTO, Feb 23- Canadian National Railway Co and the union representing 4,800 of its mechanical, clerical and trucking staff will resume contract talks on Monday, just hours before a deadline set by Canada's No. 1 railway to lock out the workers. CN Rail operates freight and some passenger trains on tracks across Canada and the United States.

  • TORONTO, Feb 23- Canadian National Railway Co and the union representing 4,800 of its mechanical, clerical and trucking staff will resume contract talks on Monday, just hours before a deadline set by Canada's No. 1 railway to lock out the workers. CN Rail operates freight and some passenger trains on tracks across Canada and the United States.

  • LONDON, Feb 23- Train derailments involving crude oil and ethanol in the United States will cost more than $18 billion over the next 20 years, according to an assessment by the U.S. Department of Transportation. USDOT also considered a tail-risk event occurring in a densely populated urban centre such as Chicago and estimated the damages from a single incident...

  • TORONTO, Feb 20- Canadian National Railway Co said on Friday that barring a settlement by this weekend with Unifor, a union that represents 4,800 of its mechanical, clerical and intermodal staff, it plans to begin to lock out employees on Monday. "We cannot accept the uncertainty that Unifor's month-long strike mandate process will create for our customers," CN...

  • OTTAWA, Feb 20- Canada will increase the insurance railways must carry when they haul crude oil and impose a levy on shippers to help cover the cost of major accidents in the burgeoning oil-by-rail industry, Transport Minister Lisa Raitt said on Friday. Raitt unveiled the measures in a bill which responds largely to the 2013 explosion of a runaway train that...

  • OTTAWA, Feb 20- Canada will boost the minimum insurance that railways will be required to carry when they haul crude oil and will impose levies on oil shipments to build up a supplementary fund to cover major disasters, under a bill introduced on Friday. Transport Minister Lisa Raitt, announcing the legislation, said railroads would have to carry up to C $1 billion...

  • OTTAWA, Feb 20- Canada will boost the minimum insurance railways will have to carry when they haul crude oil and an additional fund will be set up with levies on oil shipments to cover major disasters, under legislation to be introduced on Friday, two sources familiar with the bill said. The legislation is in reaction to a spate of oil-by-rail accidents, the most...

  • OTTAWA, Feb 20- The Canadian government, which has pledged to make railways and shippers carry more insurance for oil shipments in light of recent fiery accidents, said it would introduce a bill on Friday to make rail transportation "safer and more accountable." Ottawa was galvanized into action after a runaway oil train exploded in Lac-M├ęgantic, Quebec, in 2013,...

  • SAO PAULO, Feb 20- Truckers protesting high diesel prices in Brazil used road blocks to restrict the flow of soy, corn and other commodities in a key grain-growing region for a third day on Friday, threatening what is expected to be a record harvest. A group of transport companies and independent truckers are blocking the flow of goods on the main highway and other...

  • NEW YORK, Feb 19- CSX has notified state officials of its plans to bypass the scene of a crude train derailment and continue delivering oil to a terminal on the Virginia coast, emergency management officials from Virginia and West Virginia said Wednesday. Those shipments will use a combination of CSX and other railroads to reach eastern Virginia destinations, "...

  • WASHINGTON, Feb 17- A fiery oil train derailment in West Virginia this week exposes lax safety standards and strengthens the case for tougher U.S. rules governing such shipments, safety advocates said on Tuesday. A 109- car delivery of crude oil from North Dakota's Bakken energy patch derailed in West Virginia on Monday, setting at least nine cars ablaze.

  • TORONTO/ CALGARY, Feb 15- Canadian Pacific Railway Ltd began operating a reduced freight schedule run by its managers on Sunday, after talks on a new contract broke down and more than 3,000 train engineers and conductors walked off the job. Canada's No. 2 railway and the Teamsters Canada Rail Conference failed to agree on terms including on scheduling and rest...

  • Canada's second-largest railway and the Teamsters Canada Rail Conference could not agree on scheduling and rest time before a midnight deadline passed. Commuters in Montreal will also feel the effects, since CP operates some commuter trains in Canada's second largest city. Canada's Labour Minister Kellie Leitch, who intervened in the talks on Friday to try...

  • Trucker YRC Worldwide posts operating profit Thursday, 5 Feb 2015 | 4:53 PM ET

    Feb 5- Trucking company YRC Worldwide Inc reported a quarterly operating profit, helped by a $5.8 million gain on asset disposals. YRC recorded an operating income of $31.2 million for the fourth quarter ended Dec. 31, compared with an operating loss of $1.6 million, a year earlier. Revenue rose marginally to $1.22 billion.

  • WASHINGTON, Feb 2- U.S. railroads expect to boost spending to $29 billion this year to lay track, add engines and otherwise upgrade a national network tested by a surge in energy and agriculture deliveries, the leading industry trade group said on Monday. The investment announced by the Association of American Railroads is the second annual increase for a...

  • LOS ANGELES, Jan 27- Negotiators for major shipping lines and the union representing 20,000 dockworkers have reached a tentative agreement on the maintenance of cargo chassis, overcoming a key hurdle in protracted contract talks for 29 U.S. West Coast ports. "A tentative agreement was reached on the chassis topic, and we are hopeful that this will allow us to move...

  • LOS ANGELES, Jan 27- Negotiators for major shipping lines and the union representing 20,000 dockworkers have reached a tentative agreement on the maintenance of cargo chassis, overcoming a key hurdle in protracted contract talks for 29 U.S. West Coast ports. Settlement of the chassis issue, and the labor talks in general, has been seen as crucial to resolving...

  • Jan 27- After a blizzard that blanketed the northeastern United States but proved less powerful in New York City than predicted, airlines, commuter rail, bus lines and subways resumed limited operations on Tuesday. LIRR service remains suspended on the Montauk Branch east of Babylon, Greenport to Ronkonkoma, Port Jefferson Branch east of Huntington and the...

  • Lower coal revs hit Norfolk Southern profit Monday, 26 Jan 2015 | 1:24 PM ET
    A file photo of a Norfolk Southern freight train.

    Norfolk Southern expects a solid U.S. economy to boost its business in 2015 but said it was too early to gauge the impact of lower energy prices.