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BusinessSenior U.S. lawmaker warns against railroad industry consolidation
ReutersDavid Shepardson
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A wagon of a freight train of the Kansas City Southern (KCS) Railway Company is pictured in Toluca, Mexico October 1, 2018. REUTERS/Edgard Garrido
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The chairman of the U.S. House of Representatives Transportation and Infrastructure Committee said on Friday the potential acquisition of the Kansas City Southern (KSU.N) freight railroad should set off alarm bells about industry consolidation.
Representative Peter DeFazio, a Democrat, said the deal could spark a new wave of railroad mergers that stifle competition and trigger industry-wide consolidation. Wall Street will make money from railroad consolidation, but the U.S. economy and workforce will be worse off for it, he said in a statement.
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Work-from-home footwear to make you comfortable
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Your work-life looks absolutely different, so why shouldn’t your shoes? As your comfy bed or couch becomes your home office, relaxed and snug footwear is the clear choice for the season. Stalking up new styles for the work from home life? Here are some fashionable options for both men and
Urgent repair work on State Highway 2 north of Te Puna this afternoon
22 Apr, 2021 11:32 PM
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Repair work is being done on State Highway 2. Photo / Google
Bay of Plenty Times
Waka Kotahi NZ Transport Agency has advised urgent road surface repairs will take place between 12 and 2pm today on State Highway 2, between Barrett Rd and Te Karaka Drive, north of Te Puna.
The road will be down to one lane with stop/go traffic management and a 30kmh temporary speed limit in place.
This work needs to be undertaken urgently to ensure the safety of all road users over the long weekend and to avoid further damage in case of unfavourable weather.
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