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UPDATE 1-Canadian Pacific Railway misses profit estimates as costs rise

(Adds estimates, key metrics) April 23 (Reuters) - Canadian Pacific Railway Ltd missed analysts' estimates for quarterly profit on Tuesday, as the railroad operator's expenses rose. Canada's challenging winter conditions extended to February, with a winter storm dumping heavy snow and ice pellets on the most populated parts of the country, closing schools and paralyzing…

UPDATE 2-CP Railway profit misses as harsh winter raises costs

(Adds CFO comment, details on crude-by-rail) April 23 (Reuters) - Canadian Pacific Railway Ltd missed analysts' estimates for quarterly profit on Tuesday as the railroad operator spent heavily to combat a harsh winter that impacted its operations. Canada's challenging winter conditions extended to February, with a winter storm dumping heavy snow and ice pellets on…

Yapı Merkezı enters signalling market

Yapı Merkezı enters signalling market 22 Apr 2019 Much of the Turkish network still relies on telephone or manual dispatch, making investment in signalling and train control a priority for TCDD. TURKEY: Infrastructure manager TCDD has begun testing signalling equipment developed by Yapı Merkezı Idis, the industrial controls and communications subsidiary of construction group Yapı…

Light monitoring pilot – Railway Gazette

Light monitoring pilot 19 Apr 2019 NORTH AMERICA: A Class 1 railway has ordered a pilot installation of TekTracking's Safety Light Monitor, which is designed to measure and verify the operation of signal, level crossing and other safety-critical lights. The wireless, self-powered and robust multi-sensor devices are designed to operate for more than 10 years…

UPDATE 1-Union Pacific quarterly profit beats estimates on price hikes

(Adds details on operating ratio, shares) April 18 (Reuters) - Union Pacific Corp on Thursday reported a better-than-expected quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest. Shares rose 2.7 percent to $173.80 premarket. Union Pacific's operating ratio, a…

UPDATE 1-Kansas City Southern Q1 profit beats expectations

(Adds details on teacher strikes, operations) April 17 (Reuters) - U.S. railroad operator Kansas City Southern on Wednesday reported a first-quarter profit that topped Wall Street's estimate, boosted by an increase in refined fuel and grain shipments to Mexico. Shares in the company, which gets one-third of its revenue from Mexico, jumped 2.6 percent to…