Hints and tips:
...Both Canadian firms operate in the central and eastern US, along with rivals CSX and Norfolk Southern....
...Whoever wins the Canadian battle over Kansas City Southern, the smallest of the seven Class 1 railways that haul US freight, will pull off the first major rail deal since 1999, when CSX and Norfolk Southern...
...Under Ackman’s new regime, the Canadian operator unsuccessfully approached US rival CSX, and then Norfolk Southern, about potential mergers in 2014 and 2016....
...; Aveva; IWG; PZ Cussons Wednesday ADP; Apple; Boeing; Boston Scientific; Equinix; Facebook; GlaxoSmithKline; Humana; Moody’s; Norfolk Southern; Qualcomm; Sanofi; ServiceNow; Deutsche Bank; eBay; Ford...
...Citing the successful co-operation between the Philippines, Malaysia and Indonesia in reducing the “piracy incident and hostage at sea to zero” in the southern Philippines, Mr Empedrad said having US and...
...When CP last year unsuccessfully attempted to take over Norfolk Southern, another eastern US network, the company wrote: “Precision railroading is a set of non-discriminating principles that can be effectively...
...Among the vessels sitting at anchor off the southern shore of Singapore, the Hanjin Rome does not, outwardly, stand out....
...of Norfolk Southern....
...Shares in US railway operator CSX spiked by as much as 8 per cent following a report that rival Canadian Pacific Railway has revived its failed attempt to buy the company....
...Bill Ackman, the activist investor, has laid out plans to put further pressure on Norfolk Southern to consider a merger with Canadian Pacific, as CP announced the latest adjustment to its offer for the US...
...The National Audit Office said on Sunday that 14 state-owned groups, including well-known names such as State Grid, China Ocean Shipping Co (Cosco) and China Southern Power Grid, falsified nearly Rmb30bn...
...In shipping, Abu Dhabi’s cargo port has extended its international sea trading network by linking up with Korea’s container line Hanjin Shipping....
...The S&P 500 railroads index, which consists of CSX, Kansas City Southern, Norfolk Southern and Union Pacific Corp stocks, closed 0.6 per cent lower on the news....
...The company would allot space on trains for shipping lines based on their traffic earlier this year and a percentage above that. Any other cargo might not be handled, he warned....
...Any further shift would provide a boost to big eastern railways – CSX and Norfolk Southern – and potentially take traffic from Union Pacific and BNSF, which operate in the US’s western two-thirds....
...company Mitsui OSK Lines and also headed Japan Post....
...family and Korea’s Hanjin Shipping....
...Retailers target goods diverted in storm: Companies are scrambling to retrieve thousands of shipping containers diverted from the New York area during Hurricane Sandy as they seek to avoid product shortages...
...The company divided Conrail, the formerly government-owned railroad company, with Norfolk Southern in a 1997 merger. 4....
...And on its farm in Kenya, the Real Flower Company – whose boutique in Selfridges sells the sexiest Valentine’s Day roses in London – has built a dam and planted 20,000 trees....
...Chinese shipping companies lobby on Vale plans Big Chinese shipping companies are lobbying the government to stymie Vale’s plan to build a $2.3bn fleet of the world’s biggest iron ore carriers that will...
...After the company opened its terminal in Algeciras on the Gibraltar Strait in southern Spain, Kim Young Min, the chief executive, outlined his plans in a Financial Times interview....
...Maputo’s transformation is particularly evident in the port’s container terminal, which is run by a company owned 60 per cent by DP World and 40 per cent by the railway company....
...Shipping companies led the way higher,with Korea Line jumping 12 per cent to Won60,500 and Hanjin Shipping climbing 6.1 per cent to Won32,250....
...Nor, it seems, is the Greek shipping fleet – because that too would be politically difficult to sell. But that leaves one big asset that could tempt the Chinese – the Greek state railways....
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