Transportation news and more!
LONDON (Reuters) - The future of Alitalia was plunged further into uncertainty on Monday after British budget airline easyJet pulled out of talks to rescue the Italian carrier two weeks before a deadline to save…
By Richard Lough and Gilbert Reilhac BELFORT, France (Reuters) - After four decades on the production line at French trainmaker Alstom, Claude Gemino had little sympathy for Emmanuel Macron when Brussels scotched the French president's…
Genesee & Wyoming Inc.’s GWR fourth-quarter earnings (excluding 6 cents from non-recurring items) of $1 per share surpassed the Zacks Consensus Estimate of 90 cents. The bottom line also improved 29.9% on a year-over-year basis.…
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) and Hapag-Lloyd AG (XETR: HLAG) (FWB : HLG) today announced an extension of their long-term agreement to the benefit of the international supply chain, the movement of…
TORONTO/BANGALORE, Jan 23 (Reuters) - Canadian Pacific Railway Ltd expects double-digit earnings growth in 2019, the country's second-biggest rail operator said on Wednesday, lifted by strong pricing and growing demand for shipments of crude and…
(Reuters) - Union Pacific Corp (UNP.N), one of the biggest U.S. railroads, on Thursday reported higher-than-expected quarterly profit and said efficiency gains will bolster profits in 2019. Shares in the company, which connects 23 states…
Norfolk, Va. - Jan 23, 2019 Norfolk Southern Corporation announced that its board of directors today approved an 8 percent increase in its quarterly dividend on the company’s common stock, from 80 to 86 cents…
OMAHA, Neb., Jan. 7, 2019 /PRNewswire/ -- Union Pacific today named Jim Vena chief operating officer, effective Jan. 14. He served as executive vice president and chief operating officer at Canadian National (CN) until retiring in June 2016 after a 40-year CN career.…
The Aviation segment has been one of General Electric’s (GE) best-performing units in recent quarters. In the third quarter, the vertical’s revenue jumped 12% to $7.5 billion from $6.7 billion in the previous year’s quarter.…
OMAHA, Neb., Sept. 17, 2018 /PRNewswire/ -- Union Pacific today announced its Unified Plan 2020, a new operating plan that implements Precision Scheduled Railroading principles. Unified Plan 2020 will launch Oct. 1 and will be rolled out in phases across…
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