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☆ Travelers ride the rails to save money (and the planet) as Amtrak chases pre-Covid ridership
▼ + stars: | 2024-02-11 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. Those advantages and others are driving riders to Amtrak, the government-backed U.S. rail service, as it tries to revive pre-Covid ridership and smooth out operations. One of those passengers is Leonor Grave, who lives in New York City and often travels home to Washington, D.C., on Amtrak trains rather than flying. "I don't glamorize Amtrak as a corporation – there's a lot they could do to improve its services," Grave said. It's an exciting future for train travel."

Persons: Clint Henderson, Guy, Henderson, he's, doesn't, Leonor Grave, she's, they've Organizations: Amtrak, Alaska Airlines, Boeing, Max, Washington , D.C, Penn Locations: New York, New York City, Washington ,, New

☆ Can Germany’s sputtering economy be revived in 2024?
▼ + stars: | 2024-02-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +11 min

Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 pandemic. And the outlook isn’t much brighter: the International Monetary Fund predicts that Germany will be the slowest-growing major economy in 2024, eking out an increase of just 0.5%. “Germany needs a fundamental economic transformation,” Marcel Fratzcher, president of the German Institute for Economic Research in Berlin, told CNN. Carsten Koall/Getty ImagesHomegrown troublesAlongside an external environment that has become more hostile to Germany’s outward-facing economy, the country’s internal political climate has worsened. Businesses such as these, which can find new markets and applications for their know-how, may hold the key to reviving Germany’s moribund economy.

Persons: What’s, ” Marcel Fratzcher, ”, Carsten Brzeski, Jens Schlueter, Constanze Stelzenmuller, Christian Lindner, Olaf Scholz, Robert Habeck, Carsten Koall, Michael Probst, Karl Haeusgen, ” Sebastian Shukla, Chris Stern Organizations: London CNN — Trains, Lufthansa, International Monetary Fund, European Union, European Commission, German Institute for Economic Research, CNN, ING, Brookings Institution, Volkswagen, Biden, Free Democratic Party, Social Democratic Party and, Green Party, Deutsche, LinkedIn, Investors, SAP, chipmaker Infineon, Intel, MAN Energy Solutions, Germany’s Machinery, Equipment Manufacturers Association Locations: Europe’s, Germany, Ukraine, Berlin, Europe, China, Zwickau, United States, Russia, “, Japan, masse, Frankfurt, ”, Hamburg, Jungheinrich, Augsburg, Munich, Esbjerg, Denmark

☆ Activist Ancora may turn to a reliable tactic to enhance value at Norfolk Southern
▼ + stars: | 2024-02-10 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

When you see that in a railroad company, there is one key metric to look at, which drives railroad profitability and shareholder return: It's the operating ratio. The operating ratio is the company's operating expenses as a percentage of revenue. NSC's operating ratio is almost 69% and the right management team with the right strategy should easily be able to get the operating ratio down close to 60%. There is no need to reinvent the wheel here; the roadmap has already been drawn at Canadian Pacific and CSX. Inside the activist world, and among investors who were shareholders of Canadian Pacific and CSX, this is as sure of an activist strategy as there is.

Persons: Ancora, James Chadwick, Mantle, Hunter Harrison, Harrison, John Kasich, Sameh Fahmy, Jim Chadwick, Ken Squire Organizations: Norfolk Southern, Railroads, TCI, CSX, Pershing, Canadian Pacific, Canadian National, CP, PSR, Kansas City Southern, 13D Locations: United States, Ancora, Ohio

☆ The US strikes on Iran-linked militants seem to be working, but that likely won't last long
▼ + stars: | 2024-02-09 | by ( Paul Iddon | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But experts on the region say that Iran and its militant allies still have the arsenal and motivations to threaten the US. The US airstrikes on February 2 hit 85 targets in seven locations in Iraq and Syria, killing an estimated 40 militiamen . For militias like Kataib Hezbollah in Iraq, it’s to provoke US responses that increase opposition to the 2,500 US troops based in Iraq. “By responding to the attacks, the United States poisons its relationship with local allies and screws up its position in Iraq.

Persons: —, ” Michael Knights, Biden, Joe Biden, ” Joel Wing, Jesenia Landaverde, “, Aron Lund, they’re, They’re, ” Lund, “ They’ve, ” Nicholas Heras, ” Heras, it’s, ” Organizations: Service, Washington Institute, Business, Republican, Command, U.S . Air Force, 28th Bomb, Ellsworth Air Force Base, Staff, US Air Force, New Lines Institute, US, Coalition Locations: Iraq, Syria, Iran, U.S, S.D, United States, America, Baghdad, Lund, Gaza

☆ China gears up to ring in Year of the Dragon with expected record 9 billion trips
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Authorities last month forecast that China’s population of 1.4 billion would take a record 9 billion trips during the 40-day holiday travel period, which began on January 26. Stringer/VCG/Getty Images A man takes photos of blooming plum blossoms at the Summer Palace in Beijing, China on February 5. Johanes P. Christo/NurPhoto/AP Crowds flock to the Spring Festival Light Show in Xi'an, Shaanxi Province, China on February 3. Axel Miranda/SOPA Images/Sipa/Reuters Workers assemble dragon lanterns at a production workshop in Nanchang, Jiangxi Province, China on January 24. Two major indexes recorded their worst drops in years capping off a dire 2023 that saw China’s stock markets become the world’s worst performer.

Persons: ”, Luo, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Xi Jinping, ” Xi Organizations: Hong Kong CNN —, Festival, CNN, Authorities, China News Service, Spring, Reuters Workers, HSBC, Beijing, United States Embassy Locations: Hong Kong, China, Beijing, Fujian, Xi'an, Shaanxi Province, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province, Shanghai

LOS ANGELES (AP) — Denis Villeneuve doesn’t feel like he came back to Arrakis for “Dune: Part Two.” In his mind, he never left. Photos You Should See View All 21 Images“We all walked at the beginning into this project feeling confident,” Villeneuve said. “Dune: Part Two” cost a reported $122 million to produce and is arriving in theaters not a moment too soon. Christopher Nolan recently compared it to “The Empire Strikes Back.” Villeneuve demurred, but the internet went wild. “I think that’s the way movies will survive.”

Persons: — Denis Villeneuve doesn’t, ”, Frank Herbert’s, David Lean, Alejandro Jodorowsky, David Lynch, ” Villeneuve, Greig Fraser, they’d, Timothée Chalamet’s Paul Atreides, Paul, Jessica, Rebecca Ferguson, Villeneuve, Chalamet, “ Denis, ” Chalamet, “ It’s, Josh Brolin, Sicario, Gurney Halleck, Coen, I’ve, ” Brolin, it's, “, he’s, Hans Zimmer, ’ ” Villeneuve, it’s, Christopher Nolan, ” Nolan, Herbert Organizations: ANGELES, Associated Press Locations: Arrakis, Budapest, Wadi Rum, Abu Dhabi, ”, Hollywood

We have people that are willing and able to work, but finding child care was an obstacle.”Republicans historically have been lukewarm about using taxpayer money for child care, even as they have embraced prekindergarten. Nebraska and Indiana have both pitched programs to make child care free for child care workers. Child care advocates say the investments are not enough and called on Congress to authorize a new round of money to keep the child care industry afloat. GOP resistance to child care spending dates to the 1970s, when President Richard Nixon vetoed a bill to establish a national child care system, invoking fears of communism and saying it had “family-weakening implications.” Many of those arguments persist. But during the pandemic, many child care workers left the industry for better-paying jobs, and some child care centers closed for good, exacerbating the problem.

Persons: Emily O'Brien, Lennon, O'Brien, Jolene, Doug Burgum's, ” O'Brien, —, Mike Parson, Brenda Shields, ” Shields, Pro Tem Caleb Rowden, Glenn Youngkin, Richard Nixon, “, Kristi Noem, ” Noem Organizations: Republican, Gov, Republicans, Democratic, Republican Gov, Pro, Virginia Gov, U.S . Chamber of Commerce Foundation, KWAT, Associated Press Locations: North Dakota, Forks, Bismarck, New Mexico, Vermont, Missouri, Louisiana, Alabama, Texas, Nebraska, Indiana, Idaho, U.S, South Dakota, Watertown , South Dakota, AP.org

☆ 5 mistakes tourists make in Las Vegas, from a local who was born and raised there
▼ + stars: | 2024-02-08 | by ( Emma Kershaw | ) www.businessinsider.com time to read: +4 min

Keila Misdom, a TikTok influencer and exotic dancer, was born and raised in Las Vegas and has worked as a stripper in the city for eight years. Not venturing away from the Las Vegas StripThe Bellagio Hotel's nightly water fountain show is seen among the lights of other casinos on the Las Vegas strip. George Rose/Getty ImagesThe nearly 4-1/2-mile-long Las Vegas Strip is often the first place that tourists head to due to its many hotels, bars, restaurants, and attractions. Buying full-price tickets for a showFrom artist residencies to the iconic Cirque du Soleil performances, there are plenty of shows to see in Las Vegas. Here, patrons can order drinks and admire the sweeping views of Las Vegas without a 30-minute time restriction.

Persons: —, Keila, she's, George Rose, Misdom, Kobby Dagan Organizations: Service, Business, Las Vegas, Park MGM, Bellagio, Las, Bazaar, Fremont Locations: Vegas , Nevada, Las Vegas, Vegas, Fremont, Downtown, Casino Royale, It's

☆ I moved from San Francisco to Singapore. It's so much cleaner and safer, and I can't imagine returning home.
▼ + stars: | 2024-02-08 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

I fell in love with Singapore the first time I visited. Right after my contract with the Navy ended in 2017, I moved to San Francisco to work at Tesla, and then I took a job at my current company, KLA. I took the job knowing it was based in San Francisco, but I kept telling my boss that I would be interested in moving to Singapore if the opportunity arose. Singapore is so safe that it's difficult to explain to AmericansI lived in the Tenderloin in San Francisco. I'll happily return to America to visit but not to liveSingapore is one of the most expensive cities in the world, but when I lived in San Francisco, the rent was even more expensive.

Persons: —, Nick Burns, There's, 大, it's, It's Organizations: Service, Navy, Business, KLA, Bay, Rapid Transit, hawker Locations: Singapore, Connecticut, South Carolina , New York, Hawaii, San Francisco, Malaysia, India, China, Vietnam, Thailand, Bali, Asia, America, California, Bay

☆ Ukraine’s railways are still running after two years of war. Here’s how
▼ + stars: | 2024-02-06 | by ( Ben Jones | ) edition.cnn.com time to read: +11 min

Ukraine’s rail network, known as Ukrzaliznytsia or UZ for short, has always been a source of pride and practicality in the eastern European nation, even before the war. ‘Constant threat’Ukraine's rail network, known as Ukrzaliznytsia or UZ for short, has always been a source of pride and practicality in the eastern European nation. UZ says a further $9 billlon is likely required to repair and modernize the existing UZ network, which at 19,700 kilometers is one of the world’s longest. “Our responsibility is to be a stable partner.”Indeed, despite the war, UZ says it has repaired and renewed 289 kilometers of track in 2023, rebuilt 15 bridges, built 528 new freight cars and repaired around 9,000 others. Britain’s Network Rail and Swiss Federal Railways are providing engineering support to help rebuild damaged infrastructure, while the Global Ukraine Rail Task Force (GURTF) was established in 2022 to raise funds to support Ukrainian rail workers and their families.

Persons: UZ, – UZ, ”, Jeff J Mitchell, Yarema Dul, “, ” UZ, it’s, Ukraine’s, Olena Zelenska, Dul, Transport Network Mykola Panov, Oleksandr Pertsovskyi, Yevhen Liaschenko, ” Liaschenko, GURTF, Andy Bagnall Organizations: CNN, UNICEF, Russia, UZ’s, Transformation Department, Transport Network Mykola, CNN Travel, “, ” Railway, Publishing, Transport Network, Britain’s, Rail, Swiss Federal Railways, Global Ukraine Rail Task Force, Rail Partners Locations: Russia, Ukraine, Kyiv, Lviv, Warsaw, Vienna, Panama7, Odesa, Kharkiv, Russian, Poland, Germany, Soviet Union, Budapest, Prague, Berlin, Hungary

☆ Chinese Lunar New Year travel chaos as extreme weather leaves drivers stuck in cars
▼ + stars: | 2024-02-06 | by ( Marc Stewart | Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Beijing CNN —Blizzards and freezing rain have brought massive disruption to China’s peak Lunar New Year travel rush, leaving drivers stuck in cars on icy highways and passengers struggling to rebook canceled trains and flights. Sections of 90 major highways impacted by snow and ice were closed across China as of Tuesday morning, according to state-affiliated Beijing News. Others show crowds of stranded passengers in train stations, in one case with an announcement blaring: “No trains are leaving today. Tang flipped through his camera, where images showed piles of snow on both sides of the road and a long traffic jam. Another wave of precipitation is forecast through midweek slightly further south than the snow over the weekend, according to CNN Weather.

Persons: Yang Guang, Tang Zitao, Tang, ”, we’d, It’s Organizations: Beijing CNN, Visual China, CNN, Spring, CNN Weather Locations: China, Beijing, Hubei, Anhui, Wuhan, Henan province, Tang

☆ The IRL social startup 222 is moving from LA to NYC as it launches an app and raises $2.5 million
▼ + stars: | 2024-02-05 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +6 min

For the founders behind the IRL social startup 222, it's all about the "magic of the backyard." The 222 team then organizes a multi-stage meetup, which includes a restaurant as well as another venue like a museum or a bar. At its events, 222 wants attendees to feel comfortable and leave "judgment at the door," said Hashemi, 222 's COO. "A lot more people are coming around to this idea of in real-life social," Hashemi said. Kazemian, Hashemi, and Roshannai, meanwhile, want to help swing the pendulum back to IRL — back to real relationships.

Persons: Keyan Kazemian, Danial Hashemi, Arman Roshannai, — Kazemian, Hashemi, Roshannai, Kazemian, —, Catalyst, Arash Ferdowsi, Cory, Catalyst's Niko Bonatsos, Sydney Bradley Organizations: Business, Scrum Ventures, Dropbox, University of Southern, YC, Tech, IRL Locations: Los Angeles, California, New York, New York City, University of Southern California, SoHo , New York

☆ How Nevada Is Pushing to Generate Jobs Beyond the Casinos
▼ + stars: | 2024-02-05 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

Before the pandemic brought everyday life to a halt, Joe Kiele supported himself through the industry that dominates Nevada’s economy. Four years later, Mr. Kiele, 49, remains in Reno, yet he now spends his workday inside a factory. In place of worrying about the doneness of a customer’s rib-eye, he trains people on the proper handling of industrial chemicals. It extracts critical minerals like nickel, lithium, copper and cobalt, and uses them to manufacture components for electric vehicle batteries. In recent years, they have tried to secure investment from companies engaged in the transition toward green energy.

Persons: Joe Kiele, Kiele, Nevada’s Organizations: Reno ., Redwood Locations: Reno

☆ 5 expats who relocated to Iceland break down the biggest challenges they faced after moving
▼ + stars: | 2024-02-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

Five expats to Iceland told Business Insider about the biggest challenges they faced. "I used to be afraid of winter coming," Jewells Chambers, who relocated from Brooklyn seven years ago and makes the podcast All Things Iceland, said. Public transport is 'terrible'"Driving is the standard in Iceland," Chambers said. "I think tourism has been wonderful for Iceland," Basappa said. And the main street in Reykjavik used to be Icelandic boutiques, but "everything got swept up and turned into puffin shops," she said.

Persons: You've, Shruthi Basappa, Jewells Chambers, Grace Dean, Chambers, Sonia Nicolson, Jeannie Riley, Nicolson, Riley, you've, Basappa, Alice Olivia Clarke, She'd, expats, Chambers doesn't, They're, they'd, It's, Soeren, Clarke, Airbnb, Brooklyn . Nicolson Organizations: Statistics, Business, SEI, Hallmark, Toyota, Facebook, Tourism, Getty Locations: Iceland, Statistics Iceland, India, Barcelona, Brooklyn, Texas, Canada, Reykjavik, puffin, expats, Brooklyn .

☆ She traveled every New York City subway line — and photographed every first and last stop
▼ + stars: | 2024-02-03 | by ( Alex Rees | ) edition.cnn.com time to read: +6 min

CNN —It wasn’t until after photographer Rita Nannini left New York that she grew fascinated by the city’s subways. Rita Nannini Exiting the A train station at Far Rockaway—Mott Avenue in Queens, the easternmost subway station in New York City. Rita Nannini Escalators at the 96th Street stop at the end of the Q line in Manhattan's Upper East Side. Rita Nannini A flight of stairs ascends to the A train station at Ozone Park—Lefferts Avenue in Queens. Rita Nannini A decade-long photo project documenting every New York City subway line Prev Next“It’s often said it’s that (my images show) the end of the lines — the ‘last stops,’” she said.

Persons: Rita Nannini, Nannini, — Nannini, ’ ”, ” Nannini, — Parsons, Archer, it’s, Kate Jones, Jones, “, ’ ” Nannini, ‘, ” Organizations: CNN, World Trade, Brighton, Grand Central Station, Shuttle, JFK, Grand Central, Apple, Central, New, Metropolitan Transportation Authority, “, New York Locations: New York, Manhattan’s, Princeton , New Jersey, Manhattan, Forest Hills, Queens, Williamsbridge, Bronx, Brooklyn, Rockaway, New York City, Manhattan's, Coney, Broad, Bedford, East New York, South Ferry, Jamaica, —, York City, York, Inwood, ’, Midtown, New

☆ Iran-backed militia in Iraq vows to continue attacks on US forces as White House mulls military action
▼ + stars: | 2024-02-02 | by ( Mostafa Salem In Abu Dhabi | Aqeel Najim | ) edition.cnn.com time to read: +3 min

Al-Kaabi said that attacks against the US won’t stop until American troops withdraw from Iraq, and Israeli military operations cease in Gaza, according to a statement on Friday. The US believes an umbrella group of Iran-backed militants called Islamic Resistance in Iraq was behind the strike on the Jordan base and is now preparing to respond. On Friday, Iranian President Ebrahim Raisi said his country will not initiateany war but will “respond strongly” to bullies. The US has meanwhile carried out a series of strikes in Iraq, Syria and Yemen. Yemen’s Houthis have also continued to attack US interests despite multiple airstrikes by US and UK forces.

Persons: Biden, Akram Al, Kaabi, ”, Ebrahim Raisi, “, Yemen’s Houthis Organizations: CNN, US, Al, American Locations: An Iran, Iraq, States, Jordan, Gaza, Iran, Israel, Syria, Yemen, Islamic Republic of Iran, Iranian Hormozgan

NEW YORK (AP) — Carl Weathers, a former NFL linebacker who became a Hollywood action movie and comedy star, playing nemesis-turned-ally Apollo Creed in the “Rocky” movies, facing-off against Arnold Schwarzenegger in “Predator” and teaching golf in “Happy Gilmore,” has died. Matt Luber, his manager, said Weathers died Thursday. Most recently, Weathers has starred in the Disney+ hit “The Mandalorian,” appearing in all three seasons. Photos You Should See View All 45 ImagesCreed, who appeared in the first four “Rocky” movies, memorably died in the ring of 1984’s “Rocky IV,” going toe-to-toe with the hulking, steroided-using Soviet Ivan Drago, played by Dolph Lundgren. “When I found football, it was a completely different outlet,” says Weathers told the Detroit News.

Persons: — Carl Weathers, Arnold Schwarzenegger, Happy Gilmore, ”, Matt Luber, Weathers, “, Jackson ”, ” Weathers, Creed, Sylvester Stallone, you’ve, Rocky, Ivan Drago, Dolph Lundgren, James Brown, showgirls, Sam, Drago, Michael B, Jordan’s Adonis, Schwarzenegger, Jesse Ventura, Jackson, Gilmore, Adam Sandler, Dick Wolf’s, Woody Strode, “ Spartacus ”, Sidney Poitier, Harry Belafonte, Jim Brown, Muhammad Ali, I’ve, San Diego State University —, ___ Mark Kennedy Organizations: NFL, Daily, Disney, Chicago, Detroit, San Diego State University, Oakland Raiders, Detroit News, Raiders, Canadian Football League, San Francisco State University Locations: Hollywood, America, ”, Disney’s, New Orleans, —

The Ver.di service workers' union called for a “warning strike,” a common tactic in German contract negotiations, on Monday. Its deputy chair, Christine Behle, said that “the time has now come to exert more pressure on employers” as talks on new pay contracts for about 90,000 people employed by over 130 local transport operators have failed to make progress. In Berlin, workers with the local transport authority walked off the job until 10 a.m.; in Hamburg, Cologne, Hannover and elsewhere, the strike was to last all day. The dispute centers on demands for better working conditions, such as a shorter working week and extra compensation days for shift and night work. Coinciding contract negotiations in the rail, airport and local transport sectors have made for a frustrating few weeks for German travers and commuters.

Persons: Christine Behle, ”, German travers, Ver.di Organizations: BERLIN, — Locations: Germany, Berlin, Hamburg, Cologne, Hannover, Bavaria

☆ Austin Says Iran Trains and Funds Militias Targeting U.S. Troops
▼ + stars: | 2024-02-01 | by ( Helene Cooper | More About Helene Cooper | ) www.nytimes.com time to read: +1 min

Defense Secretary Lloyd J. Austin III stopped short on Thursday of blaming Iran for attacks that killed three U.S. service members on Sunday in Jordan but said that Tehran trained and funded the militia groups that have targeted American troops and commercial shipping in the Middle East. Mr. Austin, in a rare show of bravado, continued the Biden administration’s promises of retribution. William Jerome Rivers, 46, of Carrollton, Ga.; Specialist Kennedy Ladon Sanders, 24, of Waycross, Ga.; and Specialist Breonna Alexsondria Moffett, 23, of Savannah, Ga. The Pentagon says that 40 American troops were injured. Biden administration officials say that the drone strike crossed a red line and that there is no way the president will not respond.

Persons: Lloyd J, Austin III, Austin, Biden, “, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett Organizations: ”, Pentagon Locations: Iran, Jordan, Tehran, United States, Carrollton , Ga, Waycross, Savannah, Ga

☆ The White House weighs in on the AI copyright debate for the first time
▼ + stars: | 2024-02-01 | by ( Kali Hays | ) www.businessinsider.com time to read: +15 min

In the three months since the executive order was issued, the White House has made progress on a number of the directives. Something else that has developed since the executive order came out is the debate around copyright and AI. Some that I'm really excited about are AI for science and generative AI, but also more generally AI systems in biology and healthcare. AdvertisementAnd then second, in the executive order, we stand up the AI Safety Institute at the Department of Commerce. Do you or the White House have thoughts on where AI training falls in copyright law?

Persons: Joe Biden's, There's, Ben Buchanan, Buchanan, Biden, there's, I'm, Ben, we've, Biden's, They're, let's, We've, they've, Schumer Organizations: Artificial Intelligence, National Security, White, US, Meta, Microsoft, Google, National Security Council, Management, AI, Department of Commerce, NIST, Defense, of Commerce, Commerce Locations: deepFakes, United States, whitehouse.gov, EU

☆ Demand for shipments from China via rail through Russia has 'skyrocketed' since the Red Sea attacks
▼ + stars: | 2024-02-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +6 min

And — while it only represents a very small proportion of containers moved between the Far East and Europe — rail routes via Russia have seen an uptick in interest too. Rail through RussiaFirms have raised concerns about sending goods via rail through Russia, Sciglaite said. A train engine pulls carriages that started their journey in Yiwu, China into Barking rail freight terminal on January 18, 2017 in the U.K. Igor Tambaca, managing director of Rail Bridge Cargo, a Dutch logistics company, said China-Europe rail route bookings were up 37% over the past four weeks. Tambaca said the cost of sending one forty-foot container (FEU) from China to Europe via rail is currently around $7,900.

Persons: Liu Wenhua, Julija, RailGate, Hapag Lloyd, Sciglaite, Dan Kitwood, Igor Tambaca, Tambaca, Maria Magdalena Pavitsich, Pavitsich, Vladimir Putin, Davies Turner Organizations: China News Service, Getty, Air, CNBC, Rail, Cargo, OBB Rail Cargo Group, FEU, Initiative, British Locations: China, Europe, Russia, Manzhouli, Vietnam, Xeneta, East, European, Rotterdam, South Africa's, Ukraine, Yiwu, Barking, Kazakhstan, Belarus, Poland, Germany, Belgium, France, Red, Dutch, Turkey, Austrian, Asia, Xian, Chengdu, Suez, Africa, Moscow, Central Siberia, Beijing, Wuhan, Duisburg

☆ Heavy snow, rain threaten travel chaos during China’s Lunar New Year
▼ + stars: | 2024-02-01 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Heavy snow and rain is forecast to hit central and eastern China in the coming days, threatening travel plans for hundreds of millions of Chinese workers heading home for the Lunar New Year. However, Xu Jun, chief forecaster from the Central Meteorological Observatory, told CCTV the forecast snowfall won’t be as heavy or widespread as that experienced around the holiday season 16 years ago. “The rain and snow overlap with the peak period of Spring Festival travel. This has posed risks to safe (travel) and brought inconvenience to the transportation,” weather expert Wang Lijuan, from China Meteorological Administration, told CCTV. Xu, from the Central Meteorological Observatory, told CCTV freezing rain could affect many provinces over an area as wide as 43,000 square kilometers (16,600 square miles).

Persons: Xu Jun, Wang Lijuan, Xu Organizations: Hong Kong CNN, Central Meteorological Observatory, Meteorological, Festival, China Meteorological Administration, Central Meteorological Locations: Hong Kong, China, Hebei, Henan, Shandong, Liaoning, Hubei, Zhengzhou, China's, Xinjiang, Anhui, Weibo, Mohe, Heilongjiang

☆ I left the US and moved to Istanbul for a fresh start. I love it here, and my American dollars go far.
▼ + stars: | 2024-01-31 | by ( Maria Mocerino | ) www.businessinsider.com time to read: +7 min

I left the US to start over and I've spent the past few months falling love with Istanbul. The city is stunning and bustling — and I find that my American dollars go far here. For example, I'm living in a digital-nomad hotel in Kadikoy, one of the hippest neighborhoods on the Asian side, right by the water. I'm able to save money each month, which I always found challenging to do while living in NYC. I've had chestnuts, corn, and mussels stuffed with spiced rice and topped with fresh lemon juice for just a few dollars.

Persons: I've, It's, —, who's, I'd, Maria Mocerino, Hagia Sophia Organizations: Service, East, West, Yorker Locations: Istanbul, United States, Los Angeles and New York City, —, Central Asia, Kadikoy, NYC, Europe, Asia, Marmara, Hagia, Sultanahmet, Beyoğlu

☆ Cramer names railroad stocks to watch as Red Sea troubles shake up freight routes
▼ + stars: | 2024-01-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday suggested railroad stocks may be starting to climb. "Boy is that terrific for the West Coast operators, and there you're thinking about Union Pacific and Canadian Pacific Kansas City." Cramer reviewed earnings reports from Union Pacific , Canadian Pacific Kansas City , CSX and Norfolk Southern , saying all except the latter have potential. Canadian Pacific Kansas City saw the largest volume growth of the bunch. If investors feel confident about the economy, they have Cramer's "blessing to stick with Union Pacific, Canadian Pacific, or CSX — in that order, by the way — and forget about Norfolk Southern for the moment."

Persons: CNBC's Jim Cramer, Cramer, we've, — you've Organizations: West Coast, Union Pacific, Canadian Pacific, Canadian Pacific Kansas City, Norfolk, Pacific's, Canadian, CSX, Norfolk Southern Locations: Yemen, Red, West Coast, Suez, East Coast, Canadian Pacific Kansas, Canadian Pacific Kansas City, CSX, Canadian Pacific, Ohio

☆ New Subway Fare Gates and Platform Barriers Fail to Impress New Yorkers
▼ + stars: | 2024-01-30 | by ( Ana Ley | ) www.nytimes.com time to read: +1 min

Transit officials have struggled for years with two of the subway system’s most vexing problems: the dozens of people struck by trains every year and the millions of dollars lost to fare beaters. In the latest efforts to find solutions, they are testing new fare gates to stop turnstile jumpers and metal platform barriers to keep riders safe. About 15 miles away at the Sutphin Boulevard-Archer Avenue station in Queens, transit crews have replaced the system’s familiar turnstiles with glowing green fare gates that feature panels that swing open like saloon doors. Over the last three years, as more riders have returned to transit, more have been hit and killed by trains. And fare evasion drains millions of dollars annually from a system that, until recently, had been on the brink of a fiscal crisis.

Organizations: 191st Locations: Manhattan, Archer, Queens

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