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Kansas City Southern to invest $15m in rail and bridge improvement projects in Louisiana, US

2016-01-13 01:00:00| Railway Technology

The Kansas City Southern Railway Company (KCSR) is planning to invest about $15m in rail and bridge improvement projects on its Beaumont Subdivision between DeQuincy and DeRidder in Louisiana, US, this year.

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CP renews call for Norfolk Southern merger in white paper

2016-01-12 22:30:46| Railroads - Topix.net

Canadian Pacific Railway Ltd. has renewed its call for a merger with Norfolk Southern Corp. on Tuesday, this time in a nine-page white paper. The Calgary-based freight carrier said the $28-billion takeover of Virginia-based Norfolk Southern is needed to meet the current and future demands of North American economic growth, while easing rail congestion without the need to add track or terminals amid increasing government oversight.

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NAGRA enables launch of VSMPL digital cable in Southern India

2016-01-12 19:30:07| Digital TV News

NAGRA (SIX:KUD.S) has announced that it is enabling the launch of a new digital cable and high-speed broadband offering for Venkata Sai Media Private Limited (VSMPL), the largest cable TV service provider in the south of India.

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Founders Capital Management Has $170,000 Position in Norfolk Southern Corp.

2016-01-12 16:15:27| Railroads - Topix.net

Founders Capital Management held its stake in shares of Norfolk Southern Corp. during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The hedge fund owned 2,008 shares of the railroad operator's stock at the end of the fourth quarter.

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Bacardi teams with Southern Glazer's as North American distribution consolidates

2016-01-12 10:44:00| Daily beverage news and comment - from just-drinks.com

Bacardi has consolidated a swathe of its distribution arrangements in North America, partnering with the recently-merged Southern Glazer's Wine and Spirits in the majority of the region's markets.

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