Hints and tips:
...US presidential adviser Hochstein cited working for 12 months to secure western operators for the Lobito Corridor, one section of a railway that stretches across the continent from Angola’s Atlantic coastline...
...On the other side of the Atlantic, Canada’s Western Potash has just secured a C$85mn loan from Appian Capital, a London-based private group, to fund development of its Milestone project in Saskatchewan,...
...The Montreal-based railway group said Ruest’s departure was a planned retirement after just over three years in the role....
...KCS’s combination with CN would create North America’s third-largest railway operator....
...KCS will pay CN a $700m termination fee and will need to return an extra $700m to the Montreal-based company that was used to end an earlier agreement with CP....
...Some KCS shareholders are concerned that the merger agreement with CN could be blocked by the US Surface Transportation Board, which regulates deals in the sector, since the Montreal-based group is significantly...
...At $325 per share, including $200 in cash, the Montreal-based Canadian National offer represents a 21 per cent premium to the offer from Canadian Pacific, at $275 per share including $90 in cash with the...
...Hohn’s hedge fund TCI, the fifth-largest shareholder in CN with a 3 per cent stake worth $2.3bn, told the Montreal-based company on Tuesday to drop a key feature of its takeover bid or walk away from the...
...It also owns a 50 per cent stake in the Panama Canal Railway Company....
...Canadian Pacific Railway’s proposed takeover of the Kansas City Southern railroad is a $29bn bet on smooth commerce between Canada, the US and Mexico after the three countries replaced their contentious...
...Sir Richard had surrendered or lost his various UK railway franchises. His airlines were struggling....
...Jean-Talon market in Montreal Ruaridh Nicoll My summer was spent in Montreal, the Quebec city where residents wait out long, horrific winters to make crazy when the sun finally shines....
...Passenger railways in the US are also “not what they were”, Mr Bayliss observes, yet Virgin sees a growth opportunity in a country where the car has long reigned over public transport....
...Growth was initially slow, then in 2012 the company won a contract to work with Crossrail, the new railway line linking London to the South East....
...I find Montreal an interesting enough city, though one with a modern airport that had to be mothballed when the economy drifted down because of the risk of separation....
...“The last and perhaps most important factor is the huge offering of assets from Lava Jato, suddenly everything is for sale, from ports and highways to airports and railways,” says Mr Ma....
...I will go on Virgin Atlantic, then, just to be on the safe side Pilots belonging to the PPU, one of two pilots’ unions at Virgin, say they are planning to withdraw goodwill from December 23....
...“If the government or train operating company back down on this one, presumably it will end up backing down on other franchises,” said Rupert Brennan Brown, a veteran railway industry observer....
...Southern’s owner Govia Thameslink Railway said that Mick Cash, the leader of the RMT, had failed to respond to offers from the company to reopen talks....
...But the new age never happened, on either side of the Atlantic....
...The fund will support a rail link stretching from Brazil’s Atlantic coast to the Pacific Ocean that will aim to cut transport costs for exports to China....
...The call of the Virgin Atlantic trolley-pusher escapes my lips as Sir Richard Branson consults his menu....
...Quebec: The disaster that forced a safety rethink Late on the evening of July 5 last year, a driver for the Montreal, Maine & Atlantic Railway, a regional railway, left his train of 72 crude oil tank cars...
...The driver’s behaviour appears to have breached the existing rules of the Montreal, Maine & Atlantic Railway, the operator. “You can put any number of rules in that you want,” Mr Moorman said....
...The Montreal, Maine & Atlantic Railway (MMA) said that a bankruptcy filing for both its Canadian and US arms was “the best way to ensure fairness of treatment to all” in the “tragic circumstances” of the...
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