Bill Ackman, the largest investor in Canadian Pacific Railway Ltd., is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.
Canadian Pacific Railway Ltd. restarted its freight network in Canada today after Parliament passed a bill ending a weeklong Teamsters strike that snarled industry supply chains and seaport traffic.
WestJet Airlines Ltd.’s first foray into Europe positions the Calgary-based low-fare carrier to compete head-on with Air Canada in the trans-Atlantic market by the end of the decade.
Bombardier Inc., the world’s biggest maker of business jets by revenue, said first-quarter profit fell 16 percent as the company delivered fewer of its large- cabin Global 5000 and 6000 aircraft.
William Ackman’s plan to wage a proxy fight to install a new chief executive officer at Canadian Pacific Railway Ltd. pivots on the legacy of the CEO who once led the carrier’s larger rival.
Bombardier Inc., the world’s third- biggest maker of commercial jets, said fourth-quarter profit fell 27 percent as deliveries of regional aircraft slid.
Bombardier Inc. jumped the most since November 2008 in Toronto trading after quarterly profit beat analysts’ estimates as the company won business-jet orders and pared inventory.
"BNSF has been struggling for a year-- it will probably take them another year to get out of the woods."
- Fadi Chamoun on Aug 26, 2014