Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.» Read More
CALGARY, Alberta, Aug 6- Canexus Corp, the developer of Canada's first dedicated oil train terminal, said on Wednesday it was talking to interested parties about potentially selling its 70,000 barrel-per-day loading facility in Bruderheim, Alberta.
CALGARY, Alberta, Aug 4- Canexus Corp, the developer of Canada's first dedicated oil train terminal, has embraced the crude-by-rail boom with little success so far. The company's Bruderheim terminal, 55 kilometers northeast of Edmonton, Alberta, is one of seven unit train terminals operating or under construction in Western Canada.
Insight to why fatal truck accidents have risen 18 percent from 2009-2012, with CNBC's Eamon Javers.
CNBC's Eamon Javers takes a look at highway safety and how new technology is being used to prevent terrible crashes and tragedies on the road.
CNBC's Eamon Javers takes a look at highway safety and long-haul trucking.
VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.
Sen. Bob Corker, (R-Tenn.), shares his plan to find a responsible way to pay for the Highway Trust Fund.
WASHINGTON, June 10- U.S. Senate Minority Leader Mitch McConnell said on Tuesday that Republicans were open to using a tax holiday for multinational companies as way to pay for broad highway construction legislation this year. McConnell said a tax holiday would give firms "the opportunity to bring home overseas profits."
BEIJING, May 5- China shares ended mixed on Monday, with weak manufacturing activity weighing on sentiment in a session that saw weakness in property while rail infrastructure shares gained.
First foray for Transurban into Queensland assets. SYDNEY, April 24- A consortium led by Transurban Group, Australia's biggest toll road owner, has won a bid to buy toll firm Queensland Motorways Ltd for $6.6 billion in its first foray into the country's third most populous state.
Key senators offered announced an outline of a new measure that would pour an additional $16 billion a year into the Highway Trust Fund.
SHANGHAI, April 3- Chinese shares listed in Hong Kong rose more than 1 percent to a six-week high on Thursday, with rail firms getting a lift after China's government announced increased investment in rail infrastructure to help boost the economy.
Large parts of the country have been dealing with severe winter weather this year, including heavy snow and ice. The harsh weather has produced an unexpected headache for many drivers in the form of potholes. NBC's Tom Costello reports.
People participating in extreme sports can spend anywhere from a few hundred dollars to tens of thousands. What are the costs associated with extreme sports?