Latest News

Latest News

This page presents developments that relate to issues examined by CARS.

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Alstom bags 25-mn euro contract from Delhi Metro

Alstom today said it has bagged a contract worth euro 25 million (approximately Rs 177 crore) from Delhi Metro Rail Corporation... To view the full article please click

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Canada labor minister says encouraging parties at CP Rail to bargain

Canada Labour Minister Kellie Leitch on Wednesday said she was encouraging the parties at Canadian Pacific Railway Ltd to bargain... To view the full article please click...

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Canada looking at LNG tax breaks in federal budget: document

The Canadian government is studying the idea of providing new tax breaks in the upcoming federal budget for companies that build liquefied natural gas (LNG) export...

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TransLink replaces CEO

TransLink's interim leader says he has a "strong plan of action" for the troubled Metro Vancouver transit authority... To view the full article please click

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CP CFO Demosky to step down at May's end

Canadian Pacific today announced that Executive Vice President and Chief Financial Officer Bart Demosky has decided to leave the railroad, effective May 31... To view the...

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UPDATE 2-CP Rail faces a weekend strike; says it is ready

Canadian Pacific Railway Ltd said on Wednesday its managers will be ready to take over... To view the full article please click

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Metrolinx RFI eyes EMU and locomotive options

Greater Toronto and Hamilton Area agency Metrolinx has issued a Request for Information... To view the full article please click

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Loonie may hit 0.75 cents US before an upswing begins

In the following weeks the mighty greenback should extend its appreciation a little bit more... To view the full article please click

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Bombardier Expands Rail Control and Signalling Presence in China

Bombardier Transportation and the New United Group (NUG) have finalised their agreement to establish a new joint venture... To view the full article please click

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CN reports increased grain export levels during first half of 2014-15 crop year

CN Chief Executive Officer Claude Mongeau announced yesterday that the railroad has exported approximately 18 percent more grain... To view the full article please click...

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Short rail lines still in the picture

Short lines are still a vibrant part of rail transport, and contrary to popular belief,
 producer cars are more popular now than they ever were... To view the full article...

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Altex Energy CEO: There is Still a Case for Moving Canadian Crude by Rail

John Zahary, President and Chief Executive Officer of Altex Energy, a company that owns and operates eight crude-by-rail terminals... To view the full article please click...