(Adds details on rising costs) April 20 (Reuters) - Kansas City Southern, a regional U.S. railroad with extensive operations in Mexico, reported lower-than expected quarterly revenue on Friday despite a 1 percent overall increase in rail volumes. The Kansas City, Missouri-based company said its revenue gains in consumer goods, automotive and petroleum products were partially…
Posts published in “Day: April 20, 2018”
(Adds analyst comment, reaction from crude oil companies) MONTREAL/VANCOUVER April 20 (Reuters) - Canada's biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway Ltd to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country's crude oil prices. If the…
The passenger railroad is looking for a firm to build 32 bi-directional trainsets. Photo – VIA Rail Canda Inc. VIA Rail Canada Inc. has issued a request for qualifications (RFQ) for a supplier to replace its fleet that operates along the Quebec-Windsor corridor.The passenger railroad is looking for a firm to build 32 bi-directional trainsets…