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Railroads Close Tracks, Cut Jobs Across the Country as Coal Cools Off

2016-02-19 00:36:11| Railroads - Topix.net

Working in or around Conway Terminal, the sprawling testament to the might of the U.S. freight railroad system, it might be easy to forget the storm of troubles brewing at Norfolk Southern Corp. The Virginia-based rail carrier has long experienced the booms and busts of products and commodities in the broader U.S. economy, and so have its workers at Conway Terminal, one of the largest rail yards in the country that hugs the Ohio River in Beaver County. But the recent and historic decline of coal - long the most important commodity hauled through Pennsylvania - has represented a significant hit for the financially ailing Norfolk Southern, which owns Conway and all the traffic that moves through it.

Tags: off close country jobs

 

Aust shares close lower

2016-02-17 07:40:02| Biotech - Topix.net

The Australian share market has closed lower, with heavy hitters BHP Billiton, Woodside Petroleum and vaccine giant CSL weighing on sentiment.

Tags: close lower shares aust

 
 

Macon-Bibb Asks State for Extension to Close Inert Landfill

2016-02-16 21:53:00| Waste Age

41NBC.com Macon-Bibb needs more time to close its inert landfill. read more

Tags: state close extension asks

 

Vaio close to PC merger deal with Toshiba, Fujitsu

2016-02-16 08:54:00| Telecompaper Headlines

(Telecompaper) Vaio, a PC manufacturer spun off from Sony in 2014, is hoping to close a merger deal with the PC divisions of Toshiba and Fujitsu by the end of March, Bloomberg reported, citing a statement from Kidemi Moue, the CEO of Sony's Japan Industrial Partners. Vaio expects to own the biggest stake in the merged company, which could help the trio save on research and development and scale production, Moue said.

Tags: close deal toshiba fujitsu

 

As coal cools off, railroads close tracks and cut jobs across the country

2016-02-16 04:32:48| Railroads - Topix.net

Working in or around Conway Terminal, the sprawling testament to the might of the U.S. freight railroad system, it might be easy to forget the storm of troubles brewing at Norfolk Southern Corp. The Virginia-based rail carrier has long experienced the booms and busts of products and commodities in the broader U.S. economy, and so have its workers at Conway Terminal, one of the largest rail yards in the country that hugs the Ohio River in Beaver County. But the recent and historic decline of coal - long the most important commodity hauled through Pennsylvania - has represented a significant hit for the financially ailing Norfolk Southern, which owns Conway and all the traffic that moves through it.

Tags: the close country jobs

 

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