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Southern Wine & Spirits creates unit to support Bacardi

2016-02-16 17:32:00| Daily beverage news and comment - from just-drinks.com

Southern Wine & Spirits said today that it has created a new division, called Transatlantic Spirits, which will be responsible for driving Bacardi's portfolio. 

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Canadian Pacific seeks ruling on Norfolk Southern deal from U.S. oversight board

2016-02-16 16:59:25| Railroads - Topix.net

Canadian Pacific is seeking an advance ruling from a key U.S. agency that can block its plan to merge with Norfolk Southern. The Calgary-based railway company said Tuesday it will ask the U.S. Surface Transportation Board for a declaration on the viability of a voting trust that CP has suggested as part of its merger plan for Norfolk Southern.

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Southern Wine & Spirits acquires Sterling Distributing Company

2016-02-10 16:44:00| Daily beverage news and comment - from just-drinks.com

Southern Wine & Spirits of America has agreed to purchase Nebraska-based wine and spirits wholesaler Sterling Distributing Company.

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CSX, CN, Norfolk Southern Say They Won't Make 2018 Safety Upgrade Deadline

2016-02-09 12:51:18| Railroads - Topix.net

Despite a three-year extension approved by Congress late last year, three of the nation's largest freight railroad companies informed the Federal Railroad Administration this month that they will not meet the 2018 deadline to install new required safety systems. The Rail Safety Improvement Act of 2008 originally mandated that Positive Train Control systems be implemented across a significant portion of the nation's rail industry by Dec. 31, 2015.

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Norfolk Southern Corp. (NSC) Position Boosted by Douglass Winthrop Advisors LLC

2016-02-09 06:30:32| Railroads - Topix.net

Douglass Winthrop Advisors LLC boosted its position in shares of Norfolk Southern Corp. by 36.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The institutional investor owned 44,499 shares of the railroad operator's stock after buying an additional 12,000 shares during the period.

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