Eight cars, part of an eastbound Canadian Pacific Railway (CPR) freight train, jumped the tracks about five kilometres east of Golden in Kicking Horse Canyon this morning. One was carrying lumber while others were tankers carrying sodium hydroxide and hydrochloric acid. The tanker carrying sodium hydroxide did not leak, a CPR spokesman said.
Hydrochloric acid is […]
Aiming to nurture its domestic manufacturing sector, Russia plans to slap sharply higher export taxes on logs this year. The change will be a boon for with sizable timber operations such as Vancouver-based Timberwest Forest Corp. and Washington State’s Weyerhaeuser that will be in a position to fill gap left by reduced Russian supply, CIBC […]
Garda World Security Corp., based in Montreal, will pay $395 million for cash-handling company ATI Systems International of Pasadena, CA. ATI’s locations along both USA coasts complements Garda’s existing USA holdings and will boost the latters annual revenues from $800 million CAD to $1.4 billion. The deal also vaults Garda from sixth-largest to a competitive number-two […]
The RCMP conducted a “massive” surveillance operation on former finance minister Gary Collins when he met with representatives of Omnitrax, as part of the investigation that led to the 2003 raid on the B.C. legislature, and subsequent charges against government bureaucrats David Basi, Anneal Basi and Bob Virk. Defence lawyers for the accused allege that […]
Rutter Inc. has announced that its British Columbia dealer and service agent, Radio Holland, will retrofit BC Ferries existing fleet with a total of 40 Rutter VDR-100G2 voyage data recorders (VDRs) over the next two years.
“VDRs are black boxes for ships that record and store audio, instrument, and navigation data in a pressure resistant water-tight […]
The same backscatter technology1 that has been used to check shipping containers and passenger vehicles is now being tested on airline passengers in Phoenix.
90% of the 8,000 daily passengers entering Security Checkpoint B at Phoenix Sky Harbor International Airport agreed to a full-body X-ray in preference to a physical pat-down. The U.S. Transportation Security Administration […]
The 10-member Westbound Transpacific Stabilisation Agreement (WTSA) said Saturday they have scheduled rate increases for miscellaneous cargo ‘not otherwise specified’ (NOS) and mixed ‘freight all kinds’ (FAK) cargo. The WTSA anticipates intermodal rail rate increases of as much as 20 per cent this year.
Because the westbound transpacfic lane is a backhaul, rates are typically much […]
The Monetary Board of Philippines Central Bank late on Thursday eased its foreign exchange (forex) rules to better match global financial norms and to reduce grey and black market forex transactions after intensive lobbying by domestic business and foreign investors.
As of April 2, buyers are allowed to purchase from banks $10,000 USD per transaction, up […]
Late Saturday, Canadian National Railway (CN) reached a tentative contract agreement to end the two-week old strike by 2,800 conductors and yardmen represented by the United Transportation Union (UTU).
The UTU’s replacement negotiators have asked union members to return to work immediately, while they try to dissuade the federal government from passing back-to-work legislation, which […]
The Vancouver Police Department is threatening to fine taxicab drivers who refuse to take suburban fares out of the city centre. Last weekend two undercover female officers tried to flag 84 cabs and were denied several times. The cops estimated about 30 percent of the people who tried to flag down cabs were turned down […]
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