Word: freight
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CSX’s Beacon Park railyard has long served as one of the primary and largest entry points for freight shipping to New England. Under Wednesday’s agreement, which reportedly is to be implemented over the next few years, the State will pay $100 million to CSX to take over various railroad tracks and railyards, including those in Allston. The acquisitions are expected to improve and expand commuter rail service in and around Boston...
...visit to the Transport Ministry, the government announced that a five-member task force will help formulate a restructuring plan, to be finalized by the end of November. Relative to other carriers, JAL has a high portion of revenues coming from non-flying businesses and potential spinoffs could target freight operations and less profitable operations. JAL is also being wooed by foreign carriers that might invest for minority stakes in the airline. "There aren't many solutions for JAL," says JP Morgan Securities airline analyst Hitoshi Hosoya. "What it needs is capital - cash." (See 10 milestones on the road...
...deft act of shoplifting, we know this Joel is headed for trouble - girl and, likely, financial. After Cindy reads about an industrial accident in which Step loses a component (and a half ) of his manhood and stands to gain an insurance and lawsuit settlement, she's a freight train steaming toward Reynolds Extract. But we're also hoping the con woman isn't too hard on the factory or its owner; it's Bateman's great gift to be able to make us inordinately fond of a rock-solid average guy. He's become so good at this that...
...sense already tells us - texting behind the wheel is a really bad idea. Two recent examples: two months ago a Boston trolley driver slammed into another trolley just after text-messaging his girlfriend, injuring 62 people. In September, 25 people were killed when a California train engineer struck a freight train after texting a friend. And a video of a Texas bus driver apparently striking a car while texting has been making the rounds on YouTube. It's hard to argue against banning the practice for drivers - 14 states already do - though it remains an open question whether motorists would...
...first quarter of this year, Beijing reported 6.1% GDP growth, but electricity consumption overall in the country appeared to decline. How a country the size of China could grow by 6% yet use less electricity was puzzling. And in the first six months of this year, overall rail-freight traffic declined in China. Again, how that squares with accelerating growth is not clear. (Read "China's Economy: Rare Signs of Optimism...