According to officials, global supply chain challenges and parts shortages continue to impact Mexico's truck production and exports. In May, Mexican-made heavy-duty cargo truck exports declined 24% year on year to 6,021 units, while output fell 20% year on year to 7,179 units. Both the May export and production figures...
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Rail authorities have ‘Beltway fever,’ according to one expert.
A recent hearing before the United States Surface Transportation Board (STB), the country's primary rail regulator, offers a sobering example of what might happen when a regulatory body deviates from its mandate. The STB held a hearing on "Urgent Issues in Freight Rail Service" on April 26. Given the depth...
CN will spend more than $130 million in Manitoba and Nova Scotia.
CN has announced CA$175 million (US$136 million) in capital improvements for its railways in Manitoba and Nova Scotia, in addition to the $1.52 billion already announced for four provinces: Alberta, British Columbia, Ontario, and Quebec. In total, CN (NYSE: CNI) has pledged almost $1.7 billion in 2022 to six provinces....