je.st
news
Tag: norfolk
UPDATE 1-FedEx Freight raises concerns over CP bid for Norfolk Southern
2016-03-03 21:27:52| Trucking - Topix.net
A unit of FedEx Corp has raised concerns over Canadian Pacific's bid for Norfolk Southern saying it could hurt rail service and lead to higher shipping costs, according to a letter posted by a U.S. federal rail regulator on Thursday. In the letter to the Surface Transportation Board dated Feb. 25, a FedEx Freight executive wrote the company believes "a merger would lead to diminished service as well as higher shipping costs."
Tags: update
southern
bid
concerns
UPDATE 1-FedEx Freight raises concerns over CP bid for Norfolk Southern
2016-03-03 20:41:34| Air Courier - Topix.net
A unit of FedEx Corp has raised concerns over Canadian Pacific's bid for Norfolk Southern saying it could hurt rail service and lead to higher shipping costs, according to a letter posted by a U.S. federal rail regulator on Thursday. In the letter to the Surface Transportation Board dated Feb. 25, a FedEx Freight executive wrote the company believes "a merger would lead to diminished service as well as higher shipping costs."
Tags: update
southern
bid
concerns
UPDATE 1-CP Rail mulls litigation over opposition to Norfolk Southern deal
2016-03-02 23:15:43| Railroads - Topix.net
Canadian Pacific Railway Ltd said on Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern Corp. "It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect its rights," CP, Canada's second largest railroad, said in a statement. CP's $28 billion plan to buy Norfolk Southern has garnered support from more than 80 shippers, but is being opposed by Norfolk Southern and a number of industry groups and other rail customers.
Tags: update
deal
southern
opposition
Norfolk Southern Corp. (NSC) Stake Decreased by Thompson Siegel & Walmsley LLC
2016-03-02 23:15:42| Railroads - Topix.net
Thompson Siegel & Walmsley LLC reduced its stake in Norfolk Southern Corp. by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 49,528 shares of the railroad operator's stock after selling 837 shares during the period.
Tags: llc
southern
corp
decreased
Norfolk Southern to consolidate railway operating regions
2016-03-02 01:00:00| Railway Technology
US rail company Norfolk Southern (NS) has decided to consolidate its three operating regions into two in order to streamline operations, drive profitability and support quality services.
Tags: operating
regions
southern
norfolk
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] next »