Prelude to the Best Sommelier of Canada Contest | SaltWireMEXICO CITY/HOUSTON - Rail company Canadian Pacific Kansas City has temporarily held back rail cars containing fuel and petrochemicals bound from Texas to Mexico following Mexico's restrictions for oil imports in a move to fight smuggling, according to a note sent to clients and seen by Reuters.
The retention is temporary until companies show the corresponding import permits, according to the note, which was sent on Thursday. The restrictions, which were enforced hours after being published, aim to stop the adulteration and trade of fuels that might pose a risk to human health, the environment and vehicles, according to the decree.
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CPKC lowers earnings expectations due to 'economic headwinds,' port workers strikeCALGARY — Canadian Pacific Kansas City Ltd. is lowering its financial forecast due to economic challenges and losses stemming from the B.C. port workers strike.
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CPKC lowers earnings expectations due to ‘economic headwinds,’ port workers strikeCanadian Pacific Kansas City Ltd. has lowered its financial forecast for the year, citing the cost of weaker consumer demand and the B.C. port workers strike.
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