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UPDATE 1-Union Pacific imposing hefty surcharge on older crude railcars

2015-07-02 09:05:11| Railroads - Topix.net

Union Pacific Corp will impose a $1,200 per-car surcharge on oil shippers that move crude in older railcars, the company told customers this week, becoming at least the second U.S. railroad to charge extra amid widespread safety concerns. In a revised tariff taking effect Aug. 1, a copy of which was seen by Reuters, the No.

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Duke Energy CEO gets hefty pay raise 1 year after massive coal ash spill

2015-06-30 07:28:08| Energy - Topix.net

Duke Energy's board of directors has voted to bump CEO Lynn Good's salary above $1.2 million, calling her performance 'exemplary' just a year after a Duke coal ash spill filled 70 miles of a North Carolina river with toxic heavy metals. In this April 2, 2014 file photo, Duke Energy president and CEO Lynn Good gestures as she speaks to a business group during a luncheon in Charlotte, N.C. Good is getting a raise a year after the country's largest electric company confronted a coal ash spill that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals, the company said in a regulatory filing Monday, June 29, 2015.

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Telcos face hefty customer care costs as smartphone usage grows

2015-04-29 02:00:00| Total Telecom industry news

Self-care software provider says cost of serving smartphone users will increase by 20% in the U.K. over five years; stats similar in other markets.

Tags: care customer face costs

Cathay Pacific Airways may post hefty fuel hedging losses

2015-03-16 08:17:37| Airlines - Topix.net

Carrier expected to report stronger profit of HK$3.4 billion for year despite taking a bad hit from locking in oil prices at higher than spot Analysts polled by Bloomberg expect Cathay to post a net profit of HK$3.43 billion for last year, compared with HK$2.62 billion in 2013. Photo: AFP Cathay Pacific Airways, which is due to post its annual results on Wednesday, may report hefty fuel hedging losses of up to HK$14 billion because it locked in fuel prices at higher than spot prices, which then plunged 50 per cent in the second half of last year.

Tags: post pacific fuel losses