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$64 million shipping terminal opens

2015-08-13 22:26:06| Railroads - Topix.net

Wylie became a true international shipping and receiving center last month with the opening of a state-of-the art intermodal terminal by Kansas City Southern Railroad. "We are very pleased to offer our intermodal customers this new, world class terminal for U.S. domestic, U.S. international and U.S.- Mexico cross-border shipments," KCS President Patrick J. Ottensmeyer said.

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Singtel's Q1 net profit jumps 13% to SGD 942 million

2015-08-13 11:07:00| Telecompaper Headlines

(Telecompaper) Singapore Telecommunications Limited (Singtel) saw its first-quarter net profit grow 13 percent year-on-year to SGD 942 million. In constant currency terms, net profit would have increased 16 percent. The Group recorded a net exceptional gain of SGD 47 million from divestment gains on venture investments and Airtel Africa's tower assets. Excluding exceptional items, underlying net profit for the three months to June grew 2 percent. This would have grown 5 percent on a constant currency basis. The Group's operating revenue rose 2 percent year-on-year to SGD 4.21 billion, while EBITDA slightly decreased by 1 percent. In constant currency terms, operating revenue would have grown by 8 percent and EBITDA by 5 percent. 

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WestRock Buys Paper Recycler SP Fiber for $289 Million

2015-08-13 08:54:00| Waste Age

WestRock Co. has agreed to buy paper recycler SP Fiber Holdings Inc. and its minority holding in a renewable energy joint venture for a deal worth $288.5 million. read more

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Federal judge OKs $5 million agreement ending lawsuit over 3,190-barrel Arkansas pipeline leak

2015-08-12 19:38:17| Energy - Topix.net

A federal judge signed a $5 million agreement Wednesday among the operators of an oil pipeline, the state and the federal government to end a lawsuit filed over a rupture that sent 3,190 barrels of oil oozing onto Arkansas land and water in 2013. U.S. District Judge Kris Baker said the agreement complies with the Clean Water Act and is fair to Exxon Mobil Corp. and the governments.

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Judge OKs $5 Million Deal Ending Suit Over Arkansas Oil Leak

2015-08-12 19:22:12| Oil & Gas - Topix.net

A federal judge signed a $5 million agreement Wednesday among the operators of an oil pipeline, the state and the federal government to end a lawsuit filed over a rupture that sent 3,190 barrels of oil oozing onto Arkansas land and water in 2013. U.S. District Judge Kris Baker said the agreement complies with the Clean Water Act and is fair to Exxon Mobil Corp. and the governments.

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