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Finmeccanica selects CNR Corp and Hitachi to sell rail businesses

2014-10-15 01:00:00| Railway Technology

Italian industrial group Finmeccanica has shortlisted China's CNR Corporation and Japan's Hitachi for the sale of its unprofitable railway subsidiaries.

Tags: sell businesses corp rail

 

Union Pacific affected now, too, as scrutiny widens over rail shipping delays

2014-10-14 20:59:23| Railroads - Topix.net

OMAHA, Neb. - Union Pacific and other main freight railroads are now required to join BNSF Railway in filing detailed weekly reports on shipping delays, as federal regulators attempt to cope with complaints from farmers and coal-burning utility plants who say crude oil gets top priority.

Tags: shipping union affected pacific

 
 

Road and Rail Equities Ahead of Market - Hertz Global Holdings, Swift ...

2014-10-14 14:28:05| Trucking - Topix.net

Investor-Edge has initiated coverage on the following equities: Hertz Global Holdings Inc. , Swift Transportation Company , JB Hunt Transport Services Inc. , Canadian National Railway Company , and Kansas City Southern . Free research on these five companies can be accessed at: http://investor-edge.com/register , the NASDAQ Composite ended at 4,276.24, down 2.33%, the Dow Jones Industrial Average declined 0.69%, to finish the day at 16,544.10, and the S&P 500 closed at 1,906.13, down 1.15%.

Tags: market road global ahead

 

Problem-Solver in Rail Transport: ContiTech Concertina Wall Materials and Air Actuators

2014-10-14 01:00:00| Railway Technology

With its air spring systems for bogies, ContiTech is one of the world's leading suppliers to the rail industry. Its product line also includes concertina wall materials that connect rail cars and air actuators for current collectors, also known as pa

Tags: air materials transport wall

 

METRA announces $2.4bn rail modernisation plan

2014-10-14 01:00:00| Railway Technology

Chicago's Metropolitan Rail Corporation (METRA) in the US has announced a $2.4bn rail modernisation plan, in a bid to provide a safe and reliable service for commuters using the network.

Tags: plan rail announces modernisation

 

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