Governments and taxpayers need to look more closely at several factors, including transportation, impact and costs
Listen to the promoters and you would think the Vancouver-to-Seattle-to-Portland high-speed rail proposal is a great idea. For many, high-speed rail is a panacea that promises to solve all of our transportation and environmental problems. But governments and taxpayers need to look more closely at several factors, including transportation, impact and costs. High-speed rail has…
Privatization would improve Pearson’s position as a global hub and boost competitive options for travellers
Ottawa’s plan to sell Canada’s airports appears to have been shelved, at least for now. That’s too bad. Privatizing Toronto Pearson International Airport could help pay for a needed rail link to the suburbs and surrounding cities, and make the airport more competitive globally. While many of the country’s airport authorities panned the idea, Pearson,…
Operating revenue for the 26 largest Canadian air carriers totalled $6.6 billion in the first quarter, up 8.8 per cent from the first quarter of 2018, according to a study released by Statistics Canada on Monday. “The gain was driven primarily by increases in both passenger (+8.8 per cent) and goods (+6.0 per cent) revenue.…
CEO Eric Richer talks about how the company has disrupted the fleet management industry with a special focus on truck rental/leasing
Eric Richer is CEO of Enrich Software Corp. What is Enrich? Richer: Enrich Software Corp. is a North American leader in providing software solutions in the fleet management industry. This small but mighty tech company is disrupting a traditional industry and providing innovative solutions for the next generation. What does it do? Richer: Enrich has…
Brooke Garcia talks about what keeps 4Seasons Transportation rolling and keeps its clients and their families happy
Brooke Garcia is president of 4Seasons Transportation. Tell me a little bit about 4Seasons. The company's history and what you do? Garcia: We are a student transportation company focused on serving children with special needs in the Calgary and surrounding area. We employ caring and compassionate people, and train them to be professional drivers and…
Calgary-based WestJet Airlines Ltd. has announced that Canada’s Competition Bureau has granted unconditional approval for WestJet's proposed sale to Onex Corp. by issuing a no-action letter. “Receiving unconditional approval from the Canadian Competition Bureau is another important step on our path to closing the transaction. We continue to engage with the relevant authorities on the…
Canadian Pacific Railway moved more Canadian grain and grain products during the 2018-2019 crop year than any year in its history. The Calgary-based company said the final tally for the crop year was 26.8 million metric tonnes of Canadian grain and grain products. The crop year, Aug. 1 to July 31, saw 2.8 per cent…
Revenue growth across every line of business, says company
Calgary-based Canadian Pacific Railway Ltd. announced on Tuesday record second-quarter revenues of $1.98 billion, an increase of 13 per cent from last year. It also had record earnings per share (EPS) with reported diluted EPS of $5.17 or $4.30 on an adjusted diluted EPS basis. “I commend the team for this record second-quarter performance,” said…
Argus Carriers Ltd. and Inter-Urban Delivery Service Ltd. provide transportation and logistics services in the Lower Mainland of B.C.
Okotoks-based Mullen Group Ltd. has acquired Argus Carriers Ltd. and Inter-Urban Delivery Service Ltd., which provide transportation and logistics services in the Lower Mainland of Vancouver. “I am extremely pleased that Argus and Inter-Urban will now be part of our organization,” said Murray Mullen, chairman and chief executive officer, in a news release. “They are…
Canadian Competition Bureau gives clearance. Regulatory approval still needed from U.S. Department of Transportation
Calgary-based WestJet and Delta Air Lines announced on Thursday that their proposed U.S.-Canada transborder joint venture has received clearance under Canada's Competition Act from the Canadian Competition Bureau. The airlines said the bureau issued a no-action letter confirming that it doesn’t intend to challenge the proposed joint venture agreement between WestJet and Delta. “Today's clearance by…
Listen to the promoters and you would think the Vancouver-to-Seattle-to-Portland high-speed rail proposal is a great idea. For many, high-speed rail is a panacea that promises to solve all of our transportation and environmental problems. But governments and taxpayers need to look more closely at several factors, including transportation, impact and costs. High-speed rail has…
