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Tag Archives: railway
Panama Canal rail traffic hit by computer glitch
Thousands of containers have been stuck at Panamanian ports after a computer glitch hampered communication with the railway, causing significant delays, officials said on Friday. Continue reading
Posted in Stocks, World News
Tagged causing, communication, computer, containers, delays, friday, glitch, hampered, officials, panamanian, railway, significant, stuck, thousands
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Baffinland puts off iron mine’s port and railway
Baffinland says it has put off the construction of a port at Steensby Inlet, and the railway connecting the mine to the port, blaming tight financial markets. Continue reading
Posted in Stocks, World News
Tagged baffinland, blaming, construction, financial, inlet, Markets, mine, put, railway, steensby, tight
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Bill Gates ups CN Rail stake to 12%
Microsoft founder Bill Gates has increased his ownership in Canadian National Railway Co. to about 12 per cent. Continue reading
Canadian Pacific Railway To Cut 4,500 Jobs By 2016
OTTAWA (dpa-AFX) – Canadian Pacific Railway Ltd. (CP, CP.TO) said Tuesday that it plans to cut about 4,500 jobs by 2016 as part of a plan to increase the Canadian railroad operator’s efficiency, l… Continue reading
Posted in Uncategorized
Tagged afx, canadian, efficiency, increase, operator, ottawa, pacific, part, plan, railroad, railway, tuesday
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Canadian Pacific cutting 4,500 jobs
Calgary-based Canadian Pacific Railway has announced plans to cut 4,500 jobs by 2016, including 1,700 positions over the next month. Continue reading
Railway Guard Jailed Over Teen’s Death
Railway guard Christopher McGee has been jailed for five years over the death of teenager Georgia Varley. Continue reading
Posted in World News
Tagged christopher, death, georgia, guard, jailed, mcgee, railway, teenager, varley, years
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Canadian National earnings beat expectations
Canadian National Railway beat analyst expectations on adjusted earnings by a penny in the third quarter on revenue of $2.5 billion. Continue reading
Posted in Stocks, World News
Tagged adjusted, analyst, beat, billion, canadian, earnings, expectations, national, penny, railway, revenue
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Anti-Islam Film: Bounty Offered For Maker
Pakistan’s railway minister invites the Taliban and al Qaeda to help kill the maker of a film that has sparked widepread protests. Continue reading
Colombia Railway Strike Ends; Coal Exports Set to Resume
A 25-day strike by workers on a Colombian railway that hauls more than half of the country’s coal exports ended Thursday, the labor union confirmed, which will allow for coal exports to resume within a day or two. Continue reading