7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Information
Secretary-Treasurer
Merchandise
Communications
FELA
Events
Links
User Info

Chinese train crash derails Bombardier shares

(Source: Globe and Mail, July 25, 2011)

MONTREAL — A deadly train crash in eastern China is raising concerns about the development of the country’s high-speed rail program, and highlights the challenges faced by major supplier Bombardier Inc.

The tragic crash involving two high-speed trains in Zhejiang province over the weekend, killing at least 38 and wounding more than 200, is a nightmare for China’s high-speed rail vision.

The incident sent shares of the Montreal rail and aircraft manufacturer tumbling more than 5 per cent Monday as investors worried about the company’s future business in China.

Full story: Globe and Mail

Tuesday, July 26, 2011

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2021 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

At least 3 people killed in Amtrak derailment in Montana
NTSB arrives at scene of fatal Amtrak derailment in Montana
Statement by Amtrak CEO Bill Flynn on Empire Builder derailment
Victim identified in fatal Amtrak crash in Montana
U.S. chems concerned as CP wins fight for KCS
FRA Administrator nominee Amit Bose addresses Senate committee
Federal regulator says railroads must improve service to grow
Evacuated families back in homes after UP train derails, leaks acid
Q&A: RRB deemed service month credits
Get the latest labor news from the Teamsters

More Headlines