VIA Rail, Unifor Ratify Agreements
VIA Rail Canada (VIA Rail) has ratified collective agreements with Unifor Council 4000, the union representing more than 1,600 employees in stations, on board trains, in call centers and in administrative offices.
VIA Rail
For VIA Rail, Plunging Revenues, Ridership
VIA Rail Canada’s third-quarter 2020 results include an 86% drop in rider revenue and 82% decrease in ridership from the same period last year due to the pandemic. Total revenues for 3Q20 fell 84%, on a 79% reduction in capacity as travel demand plummeted. Total operating expenses decreased by 27.5%. (See chart below.)
SISCOG Study Touts VIA Rail
Software company SISCOG has released a case study that highlights the financial and management advantages of VIA Rail’s decision-support and optimization system, which includes savings of C$10 million.
Ottawa to buy new trains for busy VIA Rail corridor
Canada’s federal government will help fund replacement of VIA Rail locomotives and rolling stock on the country’s most heavily-traveled passenger rail corridor.