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X @Bloomberg
Bloomberg· 2025-12-19 15:06
Union Pacific Corp.’s takeover of Norfolk Southern Corp. will create a stronger competitor to long-haul trucking and take about 2 million truckloads off US roads each year, the companies said as they pursue regulatory approval for the combination. https://t.co/GM7dMQ9TBg ...
X @Bloomberg
Bloomberg· 2025-12-18 07:15
Angola secured $753 million in financing to speed up development of the Lobito rail corridor, ending months of delays https://t.co/P4S7vsr4gL ...
X @The Wall Street Journal
Union Pacific vows faster cross-country cargo deliveries if its controversial merger with Norfolk Southern goes through https://t.co/mWwoHl7K4t ...
X @The Wall Street Journal
Amtrak managers are giving up $16 million of their bonuses. The money will, instead, go to the railroad’s workers. https://t.co/xN5U4DK6ui ...
Here’s How the Acquisition Helps FTAI Infrastructure (FIP)
Yahoo Finance· 2025-11-25 13:29
Group 1: Market Performance - In the third quarter of 2025, small-cap stocks gained over 12% as measured by the Russell 2000 Index, while Diamond Hill Capital's Small Cap Strategy portfolio returned 7.93% net of fees, trailing the index [1] - The underperformance of the portfolio was attributed to the rally being driven by sectors that the portfolio typically does not own [1] Group 2: FTAI Infrastructure Inc. Overview - FTAI Infrastructure Inc. (NASDAQ:FIP) focuses on acquiring, developing, and operating infrastructure assets for the transportation and energy industries [2] - The stock experienced a one-month return of -26.11% and a 52-week loss of 53.93%, closing at $3.99 per share with a market capitalization of $464.015 million on November 24, 2025 [2] Group 3: FTAI Infrastructure Inc. Performance and Strategy - FTAI Infrastructure was among the bottom contributors in Q3, with slower-than-expected volume increases at its Jefferson terminal and planned maintenance at its Long Ridge facility impacting revenues and share price [3] - The company announced plans to acquire The Wheeling Corporation, which operates the Wheeling & Lake Erie Railway Company, indicating a strategic shift towards becoming primarily a freight rail business while monetizing other assets [3] Group 4: Hedge Fund Interest - FTAI Infrastructure Inc. was held by 24 hedge fund portfolios at the end of the second quarter, unchanged from the previous quarter, indicating stable interest among hedge funds [4] - Despite the potential of FTAI Infrastructure, the company is not considered among the most popular stocks, with certain AI stocks being viewed as offering greater upside potential and less downside risk [4]
X @Bloomberg
Bloomberg· 2025-11-21 17:54
Amtrak’s ridership broke records this year after the national railroad introduced new routes across the US and upgraded several cars to expand capacity https://t.co/qLXRX4AvJ1 ...
CPKC recognizes grain elevators for excellence in safety and efficiency
Prnewswire· 2025-11-17 16:59
Core Points - Canadian Pacific Kansas City (CPKC) has awarded G3 Canada Limited and Bartlett Grain Company as the Elevator of the Year for the 2024-2025 crop year, recognizing their performance in safety and efficiency within the grain industry [1][4] - The G3 elevator in Colonsay, Saskatchewan, and the Bartlett elevator in Jacksonville, Illinois, excelled in railcar loading processes and safety practices, enhancing grain movement across North America [2][6] - G3 Canada Limited has previously won the award multiple times, with its latest win in the 2021-2022 crop year, showcasing its commitment to operational excellence [3][4] Company Achievements - G3 Canada Limited's CEO, Don Chapman, emphasized that winning the award for the fourth time in seven years reflects the company's dedication to transforming grain movement in Canada and highlights the strength of its network [4] - Bartlett Grain Company received the award for the first time, indicating significant improvements in its operational performance [4][5] - Joe Griffith, President of Bartlett Grain Company, expressed gratitude for the recognition and highlighted the collaboration with CPKC in ensuring safe and efficient operations [5] Industry Impact - The awards underscore the critical role that grain elevators play in the agricultural sector, facilitating the efficient movement of grain from farms to global markets [6] - CPKC, as a transnational railway, provides extensive rail service and network reach across North America, supporting the agricultural supply chain [7]
X @Bloomberg
Bloomberg· 2025-11-13 23:55
Amtrak is open to adding limited Metro-North Railroad service into New York City’s Penn Station by 2027, but there would need to be fewer Long Island Rail Road trains into that station https://t.co/tItyCu7N56 ...
MineHub Integrates with Railinc, a Leading North American Visibility Platform
Newsfile· 2025-11-12 13:00
MineHub integrates with Railinc to enhance rail shipment tracking data capabilities in North America.Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company"), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce its integration with Railinc, a subsidiary of the Association of American Railroads (AAR) and the central data exchange for the North American rail industr ...
CPKC reaches tentative collective agreements in United States
Prnewswire· 2025-11-05 18:59
Core Points - Canadian Pacific Kansas City (CPKC) has reached 13 new tentative collective agreements with various unions in the United States, covering multiple employee categories including carmen, hostlers, laborers, clerks, maintenance workers, and supervisors [1][5]. - The agreements include six tentative five-year contracts with the Brotherhood of Railway Carmen, covering 228 carmen across several properties [2]. - Five additional tentative five-year agreements have been established with the Transportation Communications Union and American Railway and Airway Supervisors Association, covering approximately 105 employees [3]. - Two more tentative agreements have been reached with the National Conference of Firemen and Oilers, covering 30 hostlers and laborers [4]. - CPKC President and CEO Keith Creel expressed satisfaction with the agreements, highlighting increased wages for employees and the collaborative effort with union leaders [5]. - The agreements are pending ratification by the union's membership [6]. Company Overview - CPKC is the first and only single-line transnational railway linking Canada, the United States, and Mexico, with a network stretching approximately 20,000 route miles and employing 20,000 railroaders [7]. - The company provides extensive rail service and logistics solutions across North America, aiming to grow alongside its customers [7].