BISMARCK, N.D.— Canadian Pacific Railway told a federal oversight board Friday that moving fertilizer for spring planting does not present a "significant challenge" for the railroad.» Read More
Hertz sold its Advantage brand, which competes with Dollar Thrifty in the low-cost segment of the market, to Franchise Services of North America and Macquarie Capital.
LONDON, Nov 4- In the decade to 2013, shale gas and oil transformed the U.S. and global energy markets. Freight trucks powered by liquefied natural gas rather than diesel could become a common sight on the U.S. interstate highway system under plans being developed and financed by Royal Dutch Shell.
WASHINGTON, Oct 29- U.S. officials weighing the climate impact of the proposed Keystone XL oil pipeline connecting Canada to U.S. Gulf Coast refiners are zeroing in on the question of whether shipment by rail is a viable alternative to the controversial project, industry sources say.
CHICAGO, Oct 25- Harvesting the largest U.S. corn crop on record and transporting it on railroads and rivers to markets here and abroad is driving up costs for rail cars, barges and trucks in the world's top crop producer and exporter.
Oct 23- Canadian Pacific Railway's third-quarter profit rose more than expected as freight revenue hit a record high and operating costs fell, lifting the stock of Canada's No. 2 rail operator more than 10 percent to a historic peak.
Revenue rises 6 pct to C $1.5 bln. Oct 23- Canadian Pacific Railway, Canada's No. 2 rail operator, reported a greater-than-expected third-quarter profit on Wednesday as freight revenue hit a record and operating costs fell. The news sent CP stock soaring 6.6 percent, or C $8.82, to C $143.65 on the Toronto Stock Exchange, and the shares touched a five-month high.
SAN FRANCISCO, Oct 21- Striking San Francisco-area transit workers reached a tentative deal with management late on Monday to end a four-day walkout that has paralyzed the nation's fifth-largest commuter rail system, union and transit agency officials said.
Wendy Liu, China Equity Research at Nomura expects Chinese equities will continue to climb higher between now and November.
Anderson Chow, Regional Head of Infrastructure Research, Asia Pacific, HSBC says Beijing is committed to improving rail asset returns in order to broaden funding sources.
The driver of the train that crashed in Spain was talking on the phone, reports CNBC's Seema Mody; and Mary Thompson reports on the SEC's closing arguments in the Fabrice Tourre trial.
Patrick Xu, Infrastructure & Transportation Analyst, Asia Ex-Japan at Barclays, explains how Chinese railway stocks are set to benefit from Beijing's increased investment in the sector.
CNBC's Michelle Caruso-Cabrera reports on a train crash in Spain. At least 80 people are dead and hundreds are hurt as investigators say the train may have been going twice as fast as it should have been.
A train carrying 400 passengers derailed outside Paris today and crashed into a station, killing 7 and injuring dozens more. The cause of the crash is under investigation.
A freight train carrying as much as a million gallons of crude oil derailed. At least 5 people are dead, reports CNBC's Seema Mody.
The deadly train explosion in Canada could give the energy industry a major wake-up call. Tom Petrie of Petrie Partners talks about opportunities for moving crude via rail.
Is transporting oil via railway just too dangerous? BP Capital Chairman and CEO Boone Pickens, discusses his plan to cut our dependence on foreign oil by converting trucks from gasoline to natural gas.
Thousands of Connecticut commuters faced delays and crowded trains on Monday as Metro-North workers scrambled to repair damage on the United States' busiest rail line.
Wick Moorman, CEO of Norfolk Southern, discusses the rail company's first quarter results, and weighs in on the direction of the U.S. economy.
Michael Ward, president, chairman, and CEO of CSX, discusses his company's better-than-expected earnings, and weighs in on the outlook on the economy.
Infrastructure expert Barry Lepatner, founder of Lepatner & Associates, offers insight on the costs of America's bridges and roads.