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After calamitous year for coal, U.S. consumers hold key for rails

2015-09-28 07:55:49| Railroads - Topix.net

Investors in U.S. railroad stocks, who have been punished in 2015 by an accelerating decline in high-margin coal shipments, now are pinning their long-term hopes on a resurgence in consumer spending. Their bet is that a strengthening economy will produce enough demand that railroads will be able to replace the income lost to years of declining coal use with so-called intermodal shipping - the movement of containers stuffed with clothing, furniture and other consumer goods.

Tags: for year key hold

 

Roads, rails into New York quiet as pope comes to town

2015-09-26 18:18:13| Railroads - Topix.net

The Port Authority of New York and New Jersey says traffic across the agency's tunnels and bridges into the city between 6 a.m. and noon Friday was 14 percent lighter than usual for a Friday in September. New Jersey Transit says rail ridership was down about 50 percent and bus ridership down about 25 to 30 percent Friday morning.

Tags: to york town quiet

 
 

Johnnie St. Vrain: Are those rails delivering money to the city?

2015-09-25 03:00:23| Railroads - Topix.net

To get an idea of what taxable segments of rail line look like, go to http://tinyurl.com/bocoproperty .

Tags: to the city money

 

Obama Greases Rails for U.S. Businesses to Operate in Cuba

2015-09-19 08:46:56| Air Courier - Topix.net

U.S. corporate executives will be able to travel more freely to Cuba under rules the Obama administration issued Friday that also allow easier exports of software and telecommunications equipment to the island nation. Companies would be able to establish subsidiaries and more easily do business in Cuba under the regulations, which take effect Monday.

Tags: businesses operate cuba rails

 

Obama Greases Rails for U.S. Businesses to Operate in Cuba

2015-09-19 02:37:16| Trucking - Topix.net

U.S. corporate executives will be able to travel more freely to Cuba under rules the Obama administration issued Friday that also allow easier exports of software and telecommunications equipment to the island nation. Companies would be able to establish subsidiaries and more easily do business in Cuba under the regulations, which take effect Monday.

Tags: businesses operate cuba rails

 

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