Channel Tunnel interconnector installation train completed 04 Mar 2018 EUROPE: Clayton Equipment Ltd has designed, built and commissioned for Balfour Beatty a 500 m long construction train that will be used to install high-voltage cabling in the Channel Tunnel, under the ElecLink project to provide an electrical connector between the national grids of France and the…
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Scotland@ * Red weather warnings in Scotland, Ireland and England * Worst weather in Britain since 1991 * Flights delayed, trains cancelled, roads blocked * Ireland braces for worst snow since 1982 * National grid say buying extra gas as demand soars (Updates with cancellations, closures, details from Europe) EDINBURGH/DUBLIN, March 1 (Reuters) - Snow…
(Recasts, adds details on CSX cuts to jobs, rolling stock, paragraphs 10-11) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday at its first investor day since the death of former Chief Executive Hunter Harrison that more cuts to jobs, rail cars and locomotives were key to its three-year plan for boosting…
(Adds share price) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday at its first investor day since the death of former Chief Executive Hunter Harrison that more cuts to jobs, rail cars and locomotives were key to its three-year plan for boosting profitability and streamlining operations. Harrison, cherished by investors for…
approaches@ * Red weather warnings in Scotland, Ireland and England * Worst weather in Britain since 1991 * Flights delayed, trains cancelled, roads blocked * Ireland braces for worst snow since 1982 * National grid say buying extra gas as demand soars (Updates with Irish PM warning) EDINBURGH/DUBLIN, March 1 (Reuters) - Snow storms from…
(Recasts first sentence, updates share price) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday it would stick with a plan started by former Chief Executive Hunter Harrison, who died in December, to boost profit through cutting jobs and rail cars. Harrison, an investor favorite for leading turnarounds of Canada's two major…
DB Cargo plans digital, low-noise wagon fleet by 2020 01 Mar 2018 GERMANY: The DB Cargo management board has approved a ‘high double-digit million’ programme to fit its entire German wagon fleet with tracking, monitoring and telematics equipment. More than 1 000 wagons are currently equipped with telematics, a further 19 000 are scheduled to be retrofitted…
(Recasts with CEO's comments, adds details on capital spending) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday it would stick with a plan started by former Chief Executive Hunter Harrison, who died in December, to boost profit through cutting jobs and rail cars, and will also slash capital spending. Harrison, an…
A 25 percent steel tariff means the price of steel will rise. CSX railways will pass along that price to its customers, says CEO Jim Foote. "Over time that cost, like everything, gets passed on," he says. A bigger concern for the company, he says, is the future of NAFTA. show chapters CSX CEO: Tariffs…