WestJet Airlines Ltd. is evaluating adding long-haul international routes and has begun talks with Boeing Co. and rival Airbus SAS about wide-body jets that could fly farther than its single-aisle fleet.
Canadian National Railway Co. and Canadian Pacific Railway Ltd., the country’s No. 1 and 2 carriers, are rushing to build terminals to load oil beyond the reach of pipelines in some of North America’s remotest regions.
Warren Buffett ’s Berkshire Hathaway Inc. took $2.25 billion in dividends from Burlington Northern Santa Fe in less than 13 months of ownership, almost triple the railroad’s payout rate prior to the February 2010 acquisition.
Canadian Pacific Railway Ltd. hired Keith Creel away from rival Canadian National Railway Co. and named him president and chief operating officer to assist Chief Executive Officer Hunter Harrison in his turnaround plan.
Canadian Pacific Railway Ltd. posted fourth-quarter earnings that matched analysts’ estimates as the chief executive officer backed by investor William Ackman targets profitability goals set during a proxy fight.