$CP (Canadian Pacific Railway Limited)

$CP {{ '2015-12-16T18:35:24+0000' | timeago}} • Announcement

$NSC confirmed that its BoD will carefully consider the publicly disclosed, revised acquisition proposal from $CP with the assistance of its financial, legal & regulatory advisors. $MS & BofA are acting as financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP, Hunton & Williams LLP, & Morrison & Foerster LLP are acting as legal advisors.

$KSU {{ '2017-10-17T18:19:22+0000' | timeago}} • Announcement

Transportation holding company $KSU has created a new Health, Safety and Environmental group within it to consolidate occupational health, public safety and environmental functions. The purpose of the new group is to better coordinate with the company's operations groups. It will be led by Kayden Howard.

$LUV {{ '2017-10-12T17:18:50+0000' | timeago}} • Announcement

$LUV shared plans to begin selling tickets in 2018 for service to Hawaii and also announced its intention to launch an application process for Federal Aviation Administration authorization for Extended Operations (ETOPS). Service details are to be announced at a later date.

$CP {{ '2017-10-10T12:08:08+0000' | timeago}} • Announcement

$CP, which operates transcontinental train service, has joined hands with $GWR and Bluegrass Farms to open up the Ohio Valley to customers and to extend its reach into key North American markets. The company also said it is increasing its sales and marketing presence in Asia by adding key positions in China and Singapore.

$LUV {{ '2017-10-06T13:15:14+0000' | timeago}} • Announcement

$LUV posted a 2.5% decline in Revenue passengers carried for Sep to 9.89MM. Load factor fell 2.5 points to 81.7%, while trips flown slipped 1.1% to 104,379 for the month.

$GBX {{ '2017-10-04T14:58:38+0000' | timeago}} • Announcement

$GBX reported new orders during its 4Q17, totaling 2,500 railcar units valued at $200MM. Subsequent to quarter end, orders for another 1,400 units were received, valued at $120MM. The company expects to exceed its previously announced EPS guidance of $3.45 to $3.65 for the fiscal year ended August 31, 2017.

$NSC {{ '2017-10-04T14:07:50+0000' | timeago}} • Announcement

$NSC's BoD appointed Fredric Ehlers as chief information officer, effective immediately. In this new role, Ehlers will continue serving as VP information technology, a position he has held since 2013. Ehlers, based in Atlanta, also will continue reporting to Cynthia Earhart, EVP finance and CFO, who previously served as CIO.

$WAB {{ '2017-10-02T18:58:53+0000' | timeago}} • Announcement

$WAB has acquired AM General Contractor (AM), a manufacturer of safety systems, mainly for transit rail cars. Based in Europe, AM has annual sales of about $25MM.

$TRN {{ '2017-10-02T16:20:32+0000' | timeago}} • Announcement

$TRN said that on Sept. 29, 2017, the United States Court of Appeals for the Fifth Circuit has ruled that Trinity Industries Inc. and Trinity Highway Products LLC did not commit fraud, reversing the District Court's $682.4MM False Claims Act judgment and rendering judgment for the company.

$LUV {{ '2017-09-29T16:42:39+0000' | timeago}} • Announcement

$LUV announced the promotion of Linda Rutherford to SVP, Chief Communications Officer. With the promotion, Rutherford will report to EVP, Corporate Services Bob Jordan, while continuing to work directly with Chairman and CEO Gary Kelly on communication efforts and culture activities.

$NSC {{ '2017-09-27T12:30:55+0000' | timeago}} • Announcement

$NSC's BoD has authorized the repurchase of an additional 50MM shares of its common stock through Dec. 31, 2022. Since the inception of the program in 2006, the total number of shares repurchased rose from 175MM to 225MM.

$GWR {{ '2017-09-14T15:46:24+0000' | timeago}} • Announcement

While same-railroad traffic in North American operations of $GWR in 3Q17 declined 1.3% to 266,219 carloads mainly due to a 13.4% fall in agricultural products transportation, the traffic in the Australian segment went north by 4.4%. A 65% drop in coal transportation in UK/European operations saw the traffic dip by 4.3% to 187,470 carloads.

$GWR {{ '2017-09-14T15:45:09+0000' | timeago}} • Announcement

The slow movement of agricultural products, minerals and coal in various operations pulled the chains on $GWR in 3Q17 as its same-railroad traffic fell 2.1% at 484,445 carloads compared to same period last year. Total operations were logged at 554,612 carloads up by 12%.

$GWR {{ '2017-09-14T15:43:34+0000' | timeago}} • Announcement

The same-railroad traffic of $GWR’s North American operations dropped 1.6% at 136,328 carloads due to weaker agricultural products traffic in Aug 2017. In the Australian segment, the traffic crashed 14.5% at 12,272 carloads as the minerals & stone movement got stuck. Traffic in UK/European operations was 96,480 carloads, a decrease of 2.7%.

$GWR {{ '2017-09-14T15:41:34+0000' | timeago}} • Announcement

$GWR had a bumpy ride in Aug 2017 as its same-railroad traffic went south by 2.8% at 245,080 carloads, compared to the same period last year as the transportation of agricultural products, coal and minerals dipped in various segments. Total operations increased 10.1% at 277,472 carloads for the month.

$UAL {{ '2017-09-11T10:51:03+0000' | timeago}} • Announcement

$UAL reported traffic for the month of August 2017 of 20.4Bil revenue passenger miles, up 2.3% from last year. Capacity increased 2.4% to 23.9Bil available seat miles. However, passenger load factor slid 0.2 points to 85.3% from 85.5%. Cargo revenue ton miles grew 17.3% to 270.47MM and onboard passengers rose 2.1% to 13.46MM.

$GWR {{ '2017-09-05T13:35:44+0000' | timeago}} • Announcement

$GWR and $CKH announced the formation of a 50/50 JV to own and operate CG Railway, LLC (CGR), a subsidiary of SEACOR, recently acquired through its acquisition of International Shipholding Corporation. Terms of the JV were not disclosed.

$CKH {{ '2017-09-05T13:05:19+0000' | timeago}} • Announcement

$CKH and $GWR announced the formation of a 50/50 joint venture to own and operate CG Railway LLC (CGR), a subsidiary of $CKH recently acquired through its acquisition of International Shipholding Corp. Terms of the joint venture were not disclosed.

$KSU {{ '2017-08-30T17:42:53+0000' | timeago}} • Announcement

$KSU and Bulkmatic Transport Co. said they form a 50/50 JV investment that will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The JV partners will invest about $50MM over next few years to develop terminal, which will begin limited operations in 3Q and have storage facilities in mid-2018.

$KSU {{ '2017-08-30T17:41:14+0000' | timeago}} • Announcement

$KSU and Bulkmatic Transport Co. announced a memorandum of understanding to form a 50/50 joint venture investment which will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The project will include the construction of a unit train liquid fuels terminal located in Salinas Victoria near Monterrey, Nuevo Leon.

$LUV {{ '2017-08-30T17:32:52+0000' | timeago}} • Announcement

$LUV extended its legacy of aircraft innovation by taking delivery of the airline's first $BA 737 MAX 8. $LUV expects to take delivery of 8 more MAX aircraft in the coming weeks with the plan to launch 9 MAX aircraft into revenue service throughout its network on Oct. 1.

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