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Canadian Pacific News Summary 1980 Feb 22 Crow rate positions
Canadian Pacific News Summary 1980 Feb 22
12 pages
Contents
Aviation 7
Railway 3
Tourism & Travel 9
Business & Finance 9
Shipping 6
Energy8
Telecommunications 9
Crow Rate PositionsIn recent weeks, three main positions relative to the Crow's Nest Pass rates have evolved from numerous meetings of Prairie farm organizations.Page 3
Life-Style ChangesAmerican consumers are making gradual and fundamental adjustments in regard to their jobs, housing, recreation and life-styles as a result of sharply-rising gasoline prices.Page 8
Cominco ExpansionCominco Ltd., after reporting record earnings and revenues for 1979, is laying the basis for still more earnings and sales as the company proceeds with a capital expenditure program now totalling $650 million. This could easily top $1 billion if a decision is made to proceed with the Valley Copper open-pit project in the Highland Valley district of B.C.Page 9
Trends and TopicsCut-price shipping is cracking the cartels that control the world's liner trades, including European and North Atlantic ports, and those between the Far East and Europe and Australasia and Europe.Page 6
United Airlines, responding to complaints from travel agents, has altered the compensation plan to them it introduced as "revolutionary" only two weeks ago.Page 9
Those frequenters of the ringside who know a prizefighter when they see one have never been in any doubt that Frank Narby will one day be master of the UK end of the container traffic of the North Atlantic, states The London Economist.Page 6
A test program to try out fibreglass covers on open ballast cars which now are in winter mothballs for the shipment of grain was announced recently by federal transport minister Don Mazankowski.Page 5
In a statement of public policy on agriculture, the Saskatchewan Wheat Pool says railways should receive total revenues to cover their costs of moving grain.Page 4
A federal court justice dismisses a National Farmers Union suit claiming damages of $690 million from CN and CP Rail for breaching their statutory duties of moving grain during the 1977-78 and 1978-79 crop years.Page 4
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