Monday, February 6, 2012

The End of Locomotive Shipments?

Locomotives for the export market have had a long history of shipping through Halifax, primarally on Jumbo Shipping vessels. The Locomotives Orignated at EMD's London Ontario Facility. EMD was originally the Electro Motive Division of General Motors, but was spun off and sold to the Progress Rail Subsiduary of Caterpiller.

On Friday, Caterpiller closed the plant, after locking out the workers January 1, after failing to get Employees to agre to a 50% Wage reduction. Caterpiller announced a record Quarterly profit of nearly $5 billion, Up 58%

Caterpiller Ships heavy equipment via ACL through Fairview Cove
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