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Transat AT earnings battered by low loonie, Zika virus and strike threat

2016-03-10 23:09:51| Real Estate - Topix.net

Tour operator Transat AT expects to struggle with profitability over the rest of the winter season amid an ongoing hit from the low Canadian dollar, the impact of the Zika virus on travel plans and a recently resolved labour dispute. The Montreal-based company estimates that over the last three winters, including this one, it has had to absorb about $150 million in net additional costs even after accounting for savings from lower fuel prices - or about $70 per tour package booked.

Tags: low virus strike threat

 

Madison Offering Private Bus Service To N.Y.C. If N.J. Transit Workers Strike

2016-03-10 23:04:37| Railroads - Topix.net

Knowing its residents are part of a heavy commuter base that travels to and from New York City daily, Madison Borough is trying to help locals travel in the event of a crippling New Jersey Transit strike. The borough will be offering $25 tickets sold on a first-come, first-served basis daily that will pick up and drop-off at the Madison Train Station.

Tags: service private offering workers

 
 

Uber Preparing Drivers, Riders For Possible N.J. Transit Strike

2016-03-10 15:50:05| Railroads - Topix.net

Taxi service Uber, which allows drivers to use their own vehicles to transport passengers, is calling on its New Jersey customers to be prepared - and take advantage of - an impending New Jersey Transit strike. The strike would take effect if New Jersey Transit and its more than 4,000 union employees can't come to terms on a new contract before 12:01 a.m. Sunday, March 13. By Monday, New Jersey Transit projected, more than 100,000 New Jersey to New York commuters would be impacted and left without rail service.

Tags: strike drivers preparing transit

 

The Latest: Sides closer to deal to avert NJ Transit strike

2016-03-09 00:11:12| Railroads - Topix.net

Representatives from rail worker unions and New Jersey Transit say talks to avert a strike this weekend are making progress.

Tags: latest deal sides strike

 

Morristown, Morris Twp. Offering Private Buses As N.J. Transit Strike Nears

2016-03-08 20:56:06| Railroads - Topix.net

On Sunday, March 13, there may not be a single New Jersey Transit train in action. And for commuters in Morris Township and Morristown, who often depend on the rail lines to get to and from work, that could be ominous.

Tags: private offering strike morris

 

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