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CILTNA

Transportation News

Airports Council Looking for Aid

An industry group is sounding the alarm over the financial state of the country’s airports as ongoing travel restrictions take a crippling toll on passenger traffic levels and revenues.  Since April, traffic in airports has been down 90 percent .  The...

CN Proud to Celebrate 25th Anniversary of its Privatization

Exactly 25 years ago today, the Government of Canada put CN shares up for sale to investors; at C$2.25 billion, it was the biggest IPO in Canadian history. At the time, CN was the largest and oldest Crown Corporation in Canada.  On November 17, 2020, CN is a...

Air Canada Reports Third Quarter 2020 Results

Total revenues of $757 million in the third quarter of 2020 declined $4.773 billion or 86 per cent from the third quarter of 2019. The airline reported third quarter 2020 negative EBITDA(1) or (earnings before interest, taxes, depreciation and amortization), excluding...

BOB BALLANTYNE – SUPPLY CHAIN EXECUTIVE OF THE YEAR

Bob Ballantyne, President, Freight Management Association of Canada (FMA), has been chosen as the Supply Chain Executive of the Year in 2020.  This award recognizes Bob’s sustained contributions and demonstrated long-term leadership on behalf of the transportation and...