Railroading Supplier Spotlight
Rail News: Railroading Supplier Spotlight
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Natural gas suppliers, pipeline companies and banks that trade commodities have emerged as the biggest market winners from February’s U.S. winter blast that roiled gas and power markets, according to more than two dozen interviews and quarterly earnings reports.
The deep freeze caught Texas’s utilities off-guard, killed more than 100 people and left 4.5 million without power. Demand for heat pushed wholesale power costs to 400 times the usual amount and propelled natural gas prices to record highs, forcing utilities and consumers to pay exorbitant bills.
After the storm, few companies wanted to talk about their financial gains, unwilling to
Hilton CEO Christopher Nassetta told CNBC on Wednesday there are reasons to be optimistic about the recovery of corporate travel following a prolonged coronavirus-related slowdown.
“This is as good as I’ve felt since the pandemic started in terms of where we are and what I see in forward-looking trends and bookings in the business,” Nassetta said in an interview on “Closing Bell.”
Leisure travel has been propelling the industry’s recovery so far, and Nassetta said he expects to see record numbers in that category this summer. However, a return of business travelers is crucial for a complete rebound in the
CHANTILLY, Va. – Furniture rental and transition service resource Cort has promoted Jon Hile to executive vice president, business strategy, a new position.
In this new role, he will oversee leadership teams in the company’s Workplace and Strategic Business Development sales areas. He also will have responsibility for the company’s 4Site by Cort business unit and also will continue his work on various growth initiatives within Cort’s additional B2B offerings.
He rejoined the company in October 2019 as senior vice president, business strategy and previously was chief revenue officer at BridgeStreet, president of Lexicon Relocation, and president and chief operational
MIDDLETOWN – John Ruffini is a living example of how the path to the American dream is not always a straight one.
When John Ruffini’s parents emigrated here from Italy in 1961, they knew very little about the United States. They would soon find out how hard they had to work to reach their own American dream.
“My father and my mother had never been here before, but once they reached New Jersey, they rented a one-bedroom apartment in Red Bank for 1964,” said Ruffini, today the owner of Affordable Precision, a business that specializes in sealing and repairing