TransCanada Axes 185; Touts Economic Service

June 23, 2015

TransCanada Corp, the backer of the controversial Keystone XL pipeline project, said on Tuesday it has eliminated 185 jobs following a restructuring of its major projects department.

The company said 100 of the cuts came from its full-time staff while the remainder were contract employees. It said the firings were needed to ensure the lowest-cost services to its customers.

Reporting by Scott Haggett

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Subscribe for Maritime Logistics Professional E‑News

Rosatom announces that seven Chinese vessels will sail from China to Europe via the Russian Arctic route
Sources say that drone attacks have reduced the oil loadings at CPC by about a fifth in July.
US Postal Service reports $2.5 billion quarterly loss