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Berkshire Allowed to Count BNSF Purchase Costs in Rail Rates

2013-07-26 19:48:43| Railroads - Topix.net

Warren Buffett's Berkshire Hathaway Inc. can count the $8.1 billion premium it paid to acquire Burlington Northern Santa Fe Corp. in the formula used to calculate prices for some shippers, a decision that may make it harder for some rail customers to challenge their rates.

Tags: purchase rates costs allowed

 

UK Government approves Croxley Rail Link project

2013-07-26 01:00:00| Railway Technology

Hertfordshire County Council and London Underground have secured approval from the UK Government to build, operate and maintain the 118m Croxley Rail Link project.

Tags: link project government rail

 
 

CP Rail delivers record Q2, but misses on accidents and floods

2013-07-25 14:46:15| Railroads - Topix.net

Crews work to stabilize a Canadian Pacific freight train as is sits derailed on a failing bridge over the Bow River in Calgary, Alta., Thursday, June 27, 2013.

Tags: record delivers rail accidents

 

EOG Resources' Shale Oil Secrets: Rail Lines And Sand Mines

2013-07-25 05:22:10| Oil & Gas - Topix.net

'Usually when you step outside your normal activity level you bungle it,' says EOG Chairman Mark Papa.

Tags: resources lines oil sand

 

Transport Canada introduces emergency rail safety rules following accident

2013-07-25 01:00:00| Railway Technology

Transport Canada has issued an emergency directive under section 33 of the Railway Safety Act to improve safety across the Canadian rail industry, following a train derailment in Quebec.

Tags: canada rules safety transport

 

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