(NYSE: GE) will manufacture 200 locomotives for the Canadian National Railway Company (NYSE: CNI), with work beginning in Fort Worth next year. ... It comes at a time when railroads have seen a downturn in business because of factors like…
CN's order is the largest among class I railways since 2014. The first units are expected to be delivered in 2018 with the balance delivered in 2019 and 2020. "CN's steadfast commitment to serving the expanding needs of its customers…
Cad Railway Industries Ltd. has acquired rail-car repair company Caltrax Inc. The transaction will enable Quebec-based Cad to reinforce its freight servicing capabilities and solidify its market position by gaining a network across Canada of on-site re...
"Canada's railways are among the safest in the world and CN remains committed to working together with government and industry partners to identify and investigate opportunities to further enhance rail safety across Canada," spokesman Patrick Waldron wrote in an email.…
MONTREAL -- Canada's railway industry is waiting for the development of better technology before installing devices in this country that could slow trains to prevent accidents like the recent Amtrak derailment that killed three people and injured dozens. Gerald Gauthier,…
