Domestic News
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Hamilton public health has ordered National Steel Car to remain closed for 10 more days amid a COVID-19 outbreak that saw cases spread among already reduced staff during a voluntary shutdown. |
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The Ministry of Labour says an investigation into workplace fatality at a Hamilton railroad manufacturer in late April is ongoing. |
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The market for freight railcars is showing signs of improvement but data for railcar orders, deliveries and backlogs still reflects current market softness. |
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Volume categories such as grain and intermodal helped U.S. rail traffic near pre-pandemic levels in April, according to the Association of American Railroads (AAR). |
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The Science Based Targets initiative (SBTi) has approved Kansas City Southern’s (KCS) greenhouse gas (GHG) emissions reduction targets that align with the Paris Agreement. |
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At Union Pacific’s Investor Day, where achievements in operational efficiency, benefits of PSR implementation, shareholder returns and financial outlook were discussed, management predicted that the railroad will achieve a 55% OR (operating ratio) by 2022. As a result, Cowen and Company modestly adjusted its 2022 assumptions. |
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Hub Group expects intermodal growth to persist in 2021, and the company sees itself working well with its partners to take advantage of growth opportunities. |
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To ensure that the United States possesses resilient supply chains that safeguard national security, make certain critical needs can be met during emergencies, and enhance U.S. competitiveness, the Biden Administration has issued an executive order on “America’s Supply Chains.” |
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Provincial and municipal politicians alike lauded the anticipated jobs and other economic benefits after Viterra revealed plans on Monday to build what it says will be the world’s largest integrated canola crushing facility in the Regina area. |
International News
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U.S. bearing manufacturer Timken held a groundbreaking ceremony for a new project in Xiangtan High-Tech Industrial Development Zone (PRC, Hunan Province) on March 15 to expand its existing manufacturing base. |
