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Posts published in “Day: April 25, 2018”

Railway Gazette

Air Cargo News Air Cargo News is the world’s best read publication for freight forwarders, airlines, airports, ground handlers and shippers. Our global news coverage is backed up every month by interviews with top executives plus topical, in-depth analysis and two pages of air cargo data.

Eurostar selects Sqills distribution and reservation software

Eurostar selects Sqills distribution and reservation software 01 Apr 2018 EUROPE: Dutch ticketing software company Sqills is providing its S3 Passenger sales, distribution and reservation suite for international high speed train operator Eurostar. ‘As Eurostar grows beyond 10 million passengers per year and we expand our reach further into Europe, having a flexible reservation system…

Rail operator CSX tops profit estimates on cost-cutting boost

CSX easily topped Wall Street forecasts for first-quarter profit. The No. 3 U.S. railroad operator benefited from a cut-throat efficiency and cost-cutting drive The results sent its shares 5 percent higher on Tuesday. Jodi Gralnick | CNBC A shipping container is loaded onto a flatbed at the CSX Intermodal Terminal in North Baltimore, Ohio. CSX…

UPDATE 2-Rail operator CSX tops profit estimates on cost-cutting boost

(Adds background on turnaround plan, analyst and CEO quotes) April 17 (Reuters) - CSX Corp easily topped Wall Street forecasts for first-quarter profit as the No. 3 U.S. railroad operator benefited from a cut-throat efficiency and cost-cutting drive, sending its shares 5 percent higher on Tuesday. CSX has been cutting jobs and the number of…

UPDATE 3-Kansas City Southern results hurt by U.S. rail congestion

(Adds details on rising costs) April 20 (Reuters) - Kansas City Southern, a regional U.S. railroad with extensive operations in Mexico, reported lower-than expected quarterly revenue on Friday despite a 1 percent overall increase in rail volumes. The Kansas City, Missouri-based company said its revenue gains in consumer goods, automotive and petroleum products were partially…

UPDATE 1-CP Rail talks stagnate as strike deadline looms -union

(Adds analyst comment, reaction from crude oil companies) MONTREAL/VANCOUVER April 20 (Reuters) - Canada's biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway Ltd to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country's crude oil prices. If the…