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CP Rail accidentally bulldozes Mile End's Field of Possibilities

2014-10-17 23:06:04| Railroads - Topix.net

CP workers accidentally tore up plants and other vegetation at the park while creating a staging area to construct sections of track. A sliver of greenery that was partially bulldozed by Canadian Pacific Railway by accident will be refurbished on the rail company's dime, according to a spokeswoman.

Tags: field ends mile possibilities

 

Ackman in Favor of Certain Rail Mergers

2014-10-17 15:11:10| Railroads - Topix.net

Hedge-fund activist investor Bill Ackman said regulators would look favorably on consolidation in the railroad industry if a merger produced an entity that was more competitive with other railroads and trucking operators.

Tags: favor rail mergers ackman

 
 

Chinese consortium submits sole bid for Mexican rail project

2014-10-17 01:00:00| Railway Technology

Mexico's Transport and Communications Ministry has announced that a Chinese consortium has submitted the only bid for a high-speed passenger train project between Mexico City and Queretaro.

Tags: project chinese bid sole

 

Update 1-CSX Ceo: Major U.S. rail mergers could disrupt service

2014-10-16 07:54:04| Railroads - Topix.net

Further consolidation of major U.S. railroads could lead to service disruptions rather than improvements in U.S. rail freight congestion, the chief executive of CSX Corp said in a conference call with analysts on Wednesday. "We might actually see a step back in service," Michael Ward said when asked whether consolidation would improve rail capacity.

Tags: service major update ceo

 

Port of Gothenburg opens new rail track at its car terminal

2014-10-16 01:00:00| Railway Technology

Logent Ports & Terminals has opened a new rail track at its car terminal at the Port of Gothenburg, Sweden.

Tags: car track port terminal

 

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