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Bill Ackman: Rail Consolidation Is Coming

2015-11-24 12:08:57| Railroads - Topix.net

The Bill Ackman activist target, Canadian Pacific , sent a letter to Norfolk Southern last week. In it, CP says it is willing to offer a sizable premium to buy NSC.

Tags: coming bill consolidation rail

 

CP Rail willing to sweeten its $28 billion bid for NS

2015-11-23 21:31:21| Railroads - Topix.net

NEW YORK - Canadian Pacific Railway Ltd. is willing to sweeten its $28 billion takeover offer for Norfolk Southern Corp. and is 'going to do everything we can' to court the U.S. carrier's shareholders, Chief Executive Officer Hunter Harrison said.

Tags: for bid billion rail

 
 

Samsung wins $391m contract to build rail infrastructure in Singapore

2015-11-23 01:00:00| Railway Technology

Samsung C&T has secured a S$555m ($391m) contract from the Singapore Land Transport Authority (LTA) for Thomson-East Coast Line (TEL) (East Coast stretch).

Tags: build contract samsung singapore

 

Australia and Tasmania spend $85m on revitalising freight rail

2015-11-23 01:00:00| Railway Technology

The Australian and Tasmanian Governments have jointly awarded the single largest tender of the A$119.6m ($85m) Tasmanian Freight Rail Revitalisation Project to VEC Civil Engineering for track works on the Melba and Western line.

Tags: australia spend rail freight

 

Katsa Oy-Gearwheels and Power Transmission Equipment for the Rail Industry

2015-11-20 13:40:00| Railway Technology

Katsa Oy provides power transmission components and systems, high-accuracy gearwheels and tailor-made gearboxes for your specific needs and requirements.

Tags: power equipment industry transmission

 

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