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FT AlphavilleBillions of Blistering Barnacles
All the better to share you with
...The concept may appeal to singletons in dense urban areas, but it's simply not a long-term solution for the demographic that actually depends on low cost auto transportation....
January 21, 2019
Companies
CSX chief Michael Ward to retire as activist pushes Hunter Harrison for top job
...“Michael has helped build CSX into one of the nation’s leading transportation and logistics companies, and Clarence has similarly provided valuable leadership across CSX’s sales, marketing and operations...
February 21, 2017
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Law
Breaking boundaries: the 2017 FT Global GC 20
...ELLEN FITZSIMMONS Executive vice-president, general counsel and corporate secretaryCSX Corporation CSX was faced with more than 5,000 pending claims regarding incidents across the transportation company...
June 20, 2017
FT AlphavilleKadhim Shubber
Uber, the urban planner
...The reason to be wary in Uber’s case is the future of on-demand transportation is… quite uncertain....
May 30, 2017
Law
Legal teams are paying their way
...Ellen Fitzsimmons EVP, corporate secretary and general counselCSX Ellen Fitzsimmons has led a new and highly successful litigation and community engagement strategy for the transportation company CSX....
December 6, 2016
FT AlphavilleJoseph Cotterill
Uber in ‘minicab company’ shocker
...to which Uber has gone in order to compel agreement with its (perhaps we should say its lawyers’) description of itself and with its analysis of the legal relationships between the two companies [Uber B.V....
October 28, 2016
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
World
Uber scores key win in US appeals court
...Uber, the San Francisco based transportation company, scored a major legal victory on Wednesday when a court in its hometown ruled that Uber drivers could not pursue a class action challenge against the...
September 7, 2016
US & Canadian companies
Canadian Pacific ends Norfolk Southern pursuit
...Both NS and CSX have insisted that the Surface Transportation Board, the industry regulator, was so unlikely to approve a merger that it was not worth considering....
April 11, 2016
News in-depthOil
Commodities slide triggers ‘freight recession’ on US rails
...In the year to date CSX shares are down 14 per cent, while Union Pacific has dropped 5.6 per cent....
January 14, 2016
US & Canadian companies
Canadian railroad merger efforts separated by a year of change
...A still more formidable barrier could well be the US’s Surface Transportation Board....
November 16, 2015
US & Canadian companies
Bill Ackman calls on Norfolk Southern to accept CP’s revised bid
...The last merger between Class I railroads was completed in 1999, when NS and CSX together bought Conrail and split its assets between them....
December 8, 2015
Rail
Ackman pressures Norfolk Southern board on CP rail deal
...He said CSX, which CP approached last year, had put itself up for sale. CSX denied having done so....
December 16, 2015
Rail
Rail boss cautions against Canadian Pacific’s Norfolk takeover
...Mr Rose’s statement appeared to be a warning to the Surface Transportation Board, which would have to approve any merger, that other railroads would also expect to be allowed to merge if the CP-NS deal went...
December 11, 2015
US & Canadian companies
Norfolk Southern criticises ‘highly conditional’ bid from CP
...The company last October approached CSX but was rebuffed. ....
November 17, 2015
FT & McKinsey Business Book of the Year Award
Excerpts from the 2016 shortlist
...In the spring of 2013, Jobs’s successor as CEO of Apple Inc., Tim Cook, decided the company needed to borrow $17 billion. Yes, borrow....
November 10, 2016
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Rail
Dow Transports puts shadow on US equities
...Shares of UPS, Avis and Kansas City Southern have all fallen more than 10 per cent, while two-thirds of the Dow Jones Transportation Average members have declined since the start of the year....
March 26, 2015
Rail
Canadian Pacific ends railway merger talks with CSX
...Canadian Pacific on Monday said exploratory talks with CSX about the two railways merging had ended....
October 20, 2014
US & Canadian companies
Outlook boosts CSX further after deal speculation
...Any deal would undergo a probably lengthy approval process with the US’s Surface Transportation Board. The STB has previously refused to allow any single operator to run all across the US....
October 14, 2014
Rail
Rail chief apologises for ‘lousy’ service
...The resulting congestion has slowed rail service across much of the US and prompted the industry’s regulator – the Surface Transportation Board – to hold hearings on deteriorating service at which there...
November 21, 2014
US equities
US consumer stocks rise after Kraft and Heinz deal
...The Dow Jones Transportation Index slid 2 per cent, taking its losses from a November peak to 6.2 per cent, as investors increase short positions in transportation companies after two years of double-digit...
March 25, 2015
US & Canadian companies
Rail boss says worst ever gridlock looms
...The US’s Surface Transportation Board has held hearings on the performance of CP and BNSF in moving last year’s record grain harvest amid a surge in traffic in the great plains....
October 21, 2014
Rail
US railroads struggle to get North Dakota crops from the fields
...However, the Surface Transportation Board, the US rail regulator, has expressed concerns about the robustness of CP’s plans to improve service and asked it to “clarify ambiguities”....
October 20, 2014
Shipping
US rail operators divided over LNG future
...Both GE Transportation and Caterpillar are co-operating with railroads in trials of the new technology due to start later this year....
April 14, 2013
Currencies
Capital markets used to top up pension funds
...CSX, the transportation company, supermarket group Kroger, NiSource, an energy company, and Raytheon, the defence contractor, have sold corporate bonds over the last year, with at least a portion of the...
March 7, 2012
US downturn
Financial and transport stocks bolster S&P 500
...The Dow Jones Transportation Index rose 3.3 per cent to 5,349.74....
March 15, 2012

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