”railway” News

China Railway Construction up 21.15 percent in market debut

SHANGHAI (AFP) - China Railway Construction , which raised a combined 5.4 billion dollars in its initial public offering (IPO) in Shanghai and Hong Kong , jumped 21.15 percent in its debut in Shanghai on Monday.
03 10 2008 4:34PM (...more)

No quick political fix on cards for CN Rail strike

OTTAWA/VANCOUVER (Reuters) – Canada's efforts to speed through legislation to halt a strike by Canadian National Railway 's locomotive engineers
12 1 2009 5:43PM (...more)

Panel report knocks CN Rail's attitude to safety

VANCOUVER, British Columbia (Reuters) - Canadian NationalRailway is hindering efforts to improve rail safety with a"culture of fear," according to a government report released onFriday.
03 8 2008 12:00PM (...more)

NKorea proposes cutback in cross-border rail service: official

SEOUL (AFP) - North Korea has proposed a cutback in a cross-border railway freight service launched with much fanfare last month, citing a lack of cargo, a South Korean military official said Saturday.
01 26 2008 10:04PM (...more)

CN Rail sells Montreal station, headquarter stays

VANCOUVER, British Columbia (Reuters) - Canadian NationalRailway agreed on Wednesday to sell its Central Station complexin Montreal to Homburg Invest Inc, but will keep itsheadquarters in the facility.
09 20 2007 11:48AM (...more)

India's anti-smoking drive meets with peculiar problems

NEW DELHI (AFP) – At the busy New Delhi railway station, anti-smoking officials zero in on a young eunuch puffing on a cigarette, but hesitate before demanding a fine. "What fine? I don't pay any fine, I extract it from others," Sabbo Rani replied as the big
12 5 2008 4:35PM (...more)

Two Koreas discuss changes to cross-border train service

SEOUL (AFP) - Officials from North and South Korea met Tuesday to discuss changes to a historic cross-border railway freight service after the North proposed cutting the frequency due to a lack of cargo.
01 29 2008 4:22PM (...more)

Indian Railways eyes $20 bln revenue, cuts fares

NEW DELHI (AFP) – The giant state-run Indian Railways , once headed for bankruptcy, forecast Friday nearly 20 billion dollars in revenues next year while cutting fares
02 18 2009 3:20AM (...more)

China Railway Construction trading debut fails to impress

SHANGHAI (AFP) - China Railway Construction , which raised 5.4 billion dollars in its initial public offering in Shanghai and Hong Kong , failed to impress in its domestic debut on Monday amid global stock jitters.
03 11 2008 12:49AM (...more)

Mumbai's deadly trains claim a dozen daily

MUMBAI (AFP) - Every morning college student Siddhi Sarangdhar squeezes herself onto a Mumbai train and hopes she will survive the journey to school on the world's busiest -- and deadliest -- rail network.
06 27 2008 9:32PM (...more)