Government, Business, Fuel, Logistics

Canadian Crude-by-Rail Shipments to Surge, Spurring Investment

Canadian National Railway Co. Western Canadian rail loadings had already climbed as high as 411,000 barrels a day in November despite a weeklong Canadian National Railway strike that disrupted shipments. Now they’re set to reach 550,000 barrels a day. (Brent Lewin/Bloomberg News)

Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.

Robert Tuttle | Bloomberg News
December 19, 2019
Business, Equipment, Logistics

Titanium Reports Softer Q3 Earnings

Titanium Transportation Group trucks For the 11th year in a row, Titanium was named one of Canada’s Fast-Growing Companies on the Growth 500 list, which ranks the top private and public companies based on five-year revenue growth. (Vision Group)

Titanium Transportation Group was profitable in the third quarter of 2019, but earnings were below 2018’s strong numbers.

Dan Ronan | Associate News Editor
November 6, 2019
Government, Business

Trudeau: Canada to Resume Pork, Beef Shipments to China

Canadian Prime Minister Justin Trudeau Canadian Prime Minister Justin Trudeau speaks with reports in Washington on June 20, 2019. (J. Scott Applewhite/Associated Press)

Canada will resume shipments of pork and beef to China, Prime Minister Justin Trudeau said, signaling the Asian nation has lifted an import ban imposed earlier this year.

Ashley Robinson | Bloomberg News
November 5, 2019
Government, Business, Fuel

‘Canada’ Is Becoming a Dirty Word in the Oil Patch

A machine that mixes sand and water before it is pumped underground during a hydraulic fracturing operation in Colorado A worker climbs down a from a machine that mixes sand and water before it is pumped underground during a hydraulic fracturing operation at an Encana Corp. well pad near Mead, Colo., on March 25, 2014. (Associated Press/Brennan Linsley)

Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

Kevin Orland | Bloomberg News
October 31, 2019
Government, Business, Safety

Canadian Trucking Alliance Will Continue Push for Drug and Alcohol Testing Program

Marijuana plants Recreational use of cannabis became legal in Canada in October 2018. (Getty Images)

The Canadian Trucking Alliance will continue to urge government officials, including those recently elected, to establish a drug and alcohol testing program.

Eleanor Lamb | Staff Reporter
October 28, 2019
Government, Business, Fuel

Trudeau Team Seeks to Calm Oil Patch Fears of Pipeline Debacle

A petroleum pipeline crossing marker next to road in Canada A petroleum pipeline crossing marker stands near the Kinder Morgan facility in Burnaby, British Columbia, on April 11, 2018. (Ben Nelms/Bloomberg News)

One of Justin Trudeau’s top lieutenants says the Canadian prime minister will proceed with an expansion of the Trans Mountain oil pipeline even as he’s now likely to share power with the more environmentally minded New Democratic Party.

Kevin Orland | Bloomberg News
October 22, 2019
Government, Business

Auto Plant Shutdowns Fuel Canada Factory Sales Drop

Factory worker Jeff Kowalsky/Bloomberg News

Sales at Canadian manufacturers declined for a second straight month, partly on shutdowns at auto and steel plants. Factory sales fell 1.3% in July, Statistics Canada reported Sept. 17 from Ottawa. That far exceeded the median forecast in a Bloomberg survey of economists, which called for a 0.1% decline. In volume terms, sales dropped 1.6%.

September 17, 2019
Business, Technology, Logistics

Shopify Gets Boost After $450 Million Acquisition

Shopify Cole Burston/Bloomberg News

Shopify Inc.’s initiative to spend $1 billion to set up a network of fulfillment centers in the U.S. has gained momentum after it announced the acquisition of 6 River Systems Inc., analysts said.

September 10, 2019
Government, Business, Fuel

Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

Suncor Millennium upgrader plant at the Athabasca Oil Sands near Fort McMurray, Alberta, Canada The Suncor Millennium upgrader at the Athabasca Oil Sands near Fort McMurray, Alberta, Canada, on Sept. 10, 2018. (Ben Nelms/Bloomberg News)

The days when energy stocks and the price of oil moved in lockstep are now few and far between. In Canada, it’s the worst divergence on record.

Michael Bellusci | Bloomberg News
August 14, 2019
Government, Business, Technology, Safety

Canadian Trucking Alliance Urges Provinces to Adopt ELDs

Canada, USA flags blowing in wind U.S.-based carriers that travel into Canada will need to have a Canadian-certified ELD. (Torrey Wiley/Flickr)

The Canadian Trucking Alliance has initiated conversations with transportation ministers in an effort to encourage adoption of electronic logging devices at the provincial level.

Eleanor Lamb | Staff Reporter
August 7, 2019