Reuters — Farm equipment maker Deere and Co. posted a 43 per cent fall in first-quarter profit and cut its full-year profit forecast as lower corn prices and weak farm income weighed on demand for agricultural machinery. The company, which gets nearly two-thirds of its revenue from farm and turf machinery, cut its 2015 net […] Read more
Deere cuts profit forecast as farm equipment sales decline
CN set to lock out 4,800 mechanical, clerical staff Monday
Canadian National Railway (CN) plans to lock out about 4,800 unionized employees across Canada starting Monday night (Feb. 23) unless their union agrees to arbitration for a new contract. Montreal-based CN’s move follows Thursday’s announcement by Unifor — the union representing CN’s mechanical, intermodal and clerical workers — that it will hold a strike vote […] Read more
U.S. EPA to propose biofuels standards this spring
Grapevine, Tex. | Reuters — The U.S. Environmental Protection Agency plans to put out a proposal that will address Renewable Fuels Standards for 2014, 2015 and 2016 this spring, an agency official at an industry conference in Grapevine, Tex., said Thursday. The agency will address all three years at once and plans to look at […] Read more
Repair, inspection staff at CN prep for strike vote
Locomotive and rail car maintenance, repair and inspection staff at Canadian National Railway (CN) plan to take a strike vote early next week, their union said Thursday. Unifor, the largest union at CN with over 4,800 members, said Thursday it will hold the vote over a period of up to three weeks, and would set […] Read more
Ag equipment maker Buhler cutting production, staff
Winnipeg farm equipment manufacturer Buhler Industries is reducing its workforce and paring back production ahead of an expected drop in farm incomes. The company, whose brands include Versatile tractors and Farm King implements, announced its first-quarter financials Friday for the period ending Dec. 31, booking net profit of $1.5 million on fourth-best quarterly revenue of […] Read more
CP engineers, conductors halt strike
Canadian Pacific Railway (CP) and its unionized conductors, engineers, trainmen and yardmen agreed Monday to binding arbitration in their contract talks, ending a strike the day after it began. The end of the strike, which began Sunday just after midnight, comes under the threat of federal back-to-work legislation, which was due to be tabled Monday […] Read more
Railway back-to-work legislation going to Commons
Back-to-work legislation to halt a day-old strike by engineers and conductors at Canadian Pacific Railway (CP) is scheduled for introduction Monday in the House of Commons. Federal Labour Minister Kellie Leitch is booked on the Commons’ order paper for Monday to introduce “An Act to provide for the continuation and resumption of rail service operations.” […] Read more
CP’s engineers, conductors on strike
Engineers, conductors, trainmen and yardmen for Canadian Pacific Railway (CP) are on strike after 11th-hour talks ended Saturday night without a new agreement. “Picket lines are now being set up across Canada and the rail shutdown is happening,” Doug Finnson, president of the workers’ union, the Teamsters Canada Rail Conference (TCRC), said in a release […] Read more
CN reaches tentative labour deal with engineers
Canadian National Railway’s (CN) 1,800-odd locomotive engineers will remain on the job until April at least, after tentatively agreeing to a new three-year labour deal with the company. The agreement, reached Saturday, now goes to a ratification vote for the unionized engineers, represented by the Teamsters Canada Rail Conference (TCRC). Vote results are expected to […] Read more
Another union serves CP with strike notice
Barring last-minute deals or back-to-work legislation, staff handling locomotive and rail car inspection, maintenance and repair at Canadian Pacific Railway may join the company’s engineers and conductors on strike Sunday. Unifor, which represents about 1,800 CP employees, announced Thursday it served CP late Wednesday night with strike notice for 12:01 a.m. Sunday (Feb. 15), following […] Read more
