CN announced that it will repurchase common shares under a specific share repurchase program. The purchase will form part of the Normal Course Issuer Bid for up to 33 million shares announced on Oct. 25, 2016.
Railtech Matweld announced Dec. 13 that it has finalized its merger and integration with Railtech Boutet over the past few months.
On Dec. 16, the California High-Speed Rail Authority (CHSRA) released a Request for Qualifications (RFQ) for early train operator services to assist with the development and management of the initial operations of the high-speed rail system.
Bombardier Transportation’s trouble-plagued, behind-schedule contract with the Toronto Transit Commission for 204 new low-floor Flexity streetcars continues to be the public target of Toronto Mayor John Tory and TTC Board Chair Josh Colle.