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...This time the impact is broader and, in a worst-case scenario, could result in a slimmed down version of Dubai Inc....
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...He established a food import-export business in 1988, moving into transportation, cement and contracting, and has expanded to the United Arab Emirates....
...Careem said the venture could be expanded to include other transportation services, such as buses, as Dubai seeks to extend its regional leadership in technology innovation of government services....
...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....
...“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...
...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...
...The reason to be wary in Uber’s case is the future of on-demand transportation is… quite uncertain....
...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....
...In perhaps the most notorious instance, oil driller Kerr-McGee separated its chemicals unit to form Tronox in 2004....
...“But clearly it is difficult for us today to provide in Dubai a service that fits our vision to provide affordable and reliable transportation.”...
...The RTA has been pressing ride-hailing apps to sign up to tighter regulations, including paying an extra five dirhams ($1.36) surcharge on each journey and share rider information, writes Simeon Kerr....
...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....
...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...
...The company, one of whose founders is based in Saudi Arabia, is working with the kingdom’s ministry of transportation to set up new regulations to facilitate the entry of Saudi men into the sector....
...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....
...In the year to date CSX shares are down 14 per cent, while Union Pacific has dropped 5.6 per cent....
...A still more formidable barrier could well be the US’s Surface Transportation Board....
...The last merger between Class I railroads was completed in 1999, when NS and CSX together bought Conrail and split its assets between them....
...He said CSX, which CP approached last year, had put itself up for sale. CSX denied having done so....
...Arabia’s Public Investment Fund has, to date, been a sleepy operator holding stakes in listed entities, such as petrochemicals group Saudi Basic Industries Corp and Saudi Telecom Company, writes Simeon Kerr...
...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...
...The company last October approached CSX but was rebuffed. ....
...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....
...Canadian Pacific on Monday said exploratory talks with CSX about the two railways merging had ended....
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