Hints and tips:
...Only two states in mainland America, South Dakota and Wyoming, go without any rail link at all....
...For example, when Sam Pollock, BIP’s chief executive, announced the company’s prospective $8.4bn takeover of Genesee & Wyoming, a major operator of US short-line rail companies, he spoke of how “G & W will...
...Brookfield Asset Management has joined forces with Singapore’s GIC and a group of smaller investors to acquire US freight railroad owner and operator Genesee & Wyoming for about $8.4bn, the latest in a series...
...owner Genesee & Wyoming is exploring a stake sale (BBG) UK accounting watchdog to be replaced by stronger regulator (FT) HNA/Blackstone: flash dance (FT) US financiers consider selling stake in Crystal...
...Glencore is selling its coal haulage business in Australia’s Hunter Valley for A$1.14bn ($874m) to US railroad company Genesee & Wyoming as part of efforts to reduce its debt burden....
...The sale to Genesee & Wyoming is subject to regulatory approval....
...Glencore has agreed to sell its New South Wales rail business for A$1.14bn ($874m) to Genesee & Wyoming Australia....
...In another recent incident, oil tank cars on a train operated by Genesee & Wyoming, an operator of short-distance railroads, exploded in November in Alabama after derailing....
...Mr Harrison is widely respected in North American rail for leading a transformation of CN’s efficiency, speeding up services and cutting out waste....
...Anthony Hatch, an independent railroad analyst, said Mr Harrison had exceeded “sky-high expectations” with his announcements....
...A combination of non-unionised workers, careful attention to service, and lower maintenance expenses allows companies such as RA, Genesee & Wyoming, OmniTRAX and Watco, among the largest short-line holding...
...The services run to Antioch, Aurora, Joliet, Fox Lake and Big Timber Road....
...The scale of the revival of the US’s railroads is clear looking from a flyover at the world’s busiest railyard, Union Pacific’s Bailey Yard, in North Platte, Nebraska....
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