The European Commission has found that a loan of €166m granted by Slovakia to ZSSK Cargo does not involve state aid within the meaning of EU rules. The Commission concluded that the state had behaved as a market investor would have in similar circumstances, and thus provided no selective economic advantage to ZSSK Cargo. The Commission said there were similar indicative bank offers made at the same time; the interest charged was broadly in-line with rates paid by companies in a comparable financial situation; and the loan was granted based on a study showing that ZSSK Cargo would be able to reimburse the loan, and proposing restructuring measures that would restore the viability of the company.Canadian Pacific Railway has announced Q2 revenues of C$1·75bn, an increase of 7% from last year. Revenue tonne-km increased 4% and carloads 2%. Operating ratio was 64·2, an increase of 140 basis points compared to last year’s restated operating ratio of 62·8. ‘Overall, it was a good quarter that sets the franchise up well for the remainder of 2018 and beyond‘, said President & CEO Keith Creel.Union Pacific Corp has reported Q2 2018 net income of US$1·5bn, a second quarter record US$1·98 per diluted share. This compares to US$1·2bn, or US$1·45 per diluted share in Q2 2017. Operating revenue of $5·7bn was up 8% and carloads 4% year-on-year, with volume increases in industrial and premium goods more than offsetting declines in agricultural products and energy. The operating ratio increased 1·1 points to 63·0. ‘Overall, I am pleased with the effort put forth by the entire Union Pacific team, however, I recognise the results could have been better’, said Chairman, President & CEO Lance Fritz on July 19.Property company Harworth Group has submitted an outline planning application for the development of a ‘rail-connected hub serving the North of England’ on the site of a former Gascoigne Wood colliery in North Yorkshire. This would include the existing 124-acre Sherburn Rail Freight Terminal. ‘The site represents a great opportunity for Selby to leverage its unique locational advantages to create thousands of new rail-connected jobs’, said Tim Love, Director of Strategic Land at Harworth.Transforwarding has completed a project to deliver 16 Sinara Transport Machines TGM8KM locomotives in two shipments from St Petersburg in Russia to Hai Phong port in the Cuban capital Habana. The locos will be used by Antillana de Acero to haul sugar, gas and containers as part of the Cuban government’s infrastructure development plans.EBRD is planning to arrange a loan of up to US$30m to support Railport Terminal Isletmeleri with the development of a US$86m inland intermodal logistics terminal in the Kocaeli area of Turkey which would handle domestic and Asia- Europe fright. RTI is owned 66:34 by Turkish port and terminal operator Limar Liman ve Gemi Isletmeleri and Duisburger Hafen AG of Germany.South Africa’s Transnet Port Terminals has taken over from SAFreight Logistics as the operator of a manganese handling facility at Lohatlha.On July 18 the TransContainer board approve the establishment of a container transport subsidiary in Mongolia.A train left Kostanay in Kazakhstan on July 18 with more than 50 wagons carrying 3 300 tonnes of flour for Afghanistan. The trains was scheduled to travel 2 500 km via Bolashak to Serhetabat on the Turkmenistan-Afghanistan border. ‘The development of transportation along the new route will increase the transit potential of Kazakhstan, reduce turnover and accelerate the return of rolling stock’, said Mukhtar Zhambulov, Deputy General Director for Operations at KTZ-Freight Transportation.
Activation of the braking software is triggered by the failure of a wheel-speed sensor, leading to unintended braking on the opposite wheel. That would cause the vehicle to pull to one side, increasing the risk of a crash. That risk can be eliminated by driving in two-wheel drive mode until the recall repair is made, GM said.GM will reprogram the vehicles’ software free of charge. FacebookTwitterEmailPrintFriendly分享DETROIT (AP) — General Motors is recalling more than 600,000 four-wheel drive trucks and SUVs because a software error could activate the braking system, increasing the risk of a crash. GM said 653,370 vehicles worldwide were potentially affected, but no accidents have been reported. The recall covers the 2014-2018 Chevrolet Silverado 1500, 2015-2020 Chevrolet Suburban, 2015-2020 Chevrolet Tahoe, 2014-2018 GMC Sierra 1500 and 2015-2020 GMC Yukon models.
Div A was a Scottish quinella with the popular Angus Neilson celebrating his return with 40pts to beat fellow Scot, Jim Black on 38. Wally Brown, also having his first game with us on this trip played well for his 37pts to edge John Cunningham and Steve Mann on count back.There were four ‘2’s from Wally Brown & Pete Stonebridge (A3) and Jim Black & Bob Finley (B3).Div A (0-15)1st Angus Neilson (8) 40pts2nd Jim Black (12) 38pts3rd Wally Brown (13) 37ptsDiv B (16+)1st Greg Hill (17) 42pts2nd Stephen Blazsanyik (18) 38pts3rd Pete Stonebridge (16) 38ptsWednesday, Nov. 27, Khao Kheow – StablefordA disappointing turnout of just 10 players here at Khao Kheow today to play the A & B nines from the yellow tees. The course was in excellent condition, particularly A, but the one or two recovering patches on B hardly interfered with the play. The greens were fine and very true to putt on.We got our first two three-balls away on time but Suzi and Jack’s playing partners, John White and Mick Indge, were nowhere to be seen. Just then the phone went and a little Irish voice piped out, “I tink we missed the turning Jack, we’re in Chonburi”. Well we waited as long as we could, letting a couple of three-balls go out in front before teeing off as a two-ball, which was a little bit slow.We didn’t actually see John & Mick until we were on the green of A6, when we looked across to see them teeing off on A3. So if anyone has a Garmin available I think John might be looking for one. It reminds me of the time he missed the turning to Treasure Hill earlier in the year – he blamed the fact that they had cut the big tree down!Wally Brown followed up his third place on Monday with a win here with an excellent 36pts, beating the course specialist Suzi on c/b.There were no ‘2’s, so after all John’s excursions, it was well worth it as he earned third place with 32 ahead of John O’Keefe with 27.1st Wally Brown (13) 36pts2nd Suzi Lawton (28) 36pts3rd John White (28) 32ptsWednesday, Nov. 27, Siam Plantation – StablefordWe had a bit of a high season treat at Siam Plantation today, as Jack had a few vouchers which had to be used before the end of this month and they were added to a couple of Steve Mann’s Race2Bkk vouchers, which were kindly donated as prize by Siam Plantation. Add member Rosco into the equation, who signed in a few guests, and the result was 16 to play this magnificent golf course which is always in pristine condition.We played the B & C loops and the scoring was not the best but at least we all enjoyed it, even though 4 players preferred to keep their scores a secret.As there were no ‘2’s, we were able to split into two divisions – Joe Mooneyham won Div B with 31pts from John Lawton on 30 who beat Tim Knight on c/b. Div A was won by Steve Poznanski with the day’s best score of 33pts, from Mark Rossiter (31) and Kevin Waycott (30).Div A (0-13)1st Steve Poznanski (11) 33pts2nd Mark Rossiter (13) 31pts3rd Kev Waycott (8) 30ptsDiv B (14+)1st Joe Mooneyham (14) 31pts2nd John Lawton (20) 30pts3rd Tim Knight (24) 30ptsFriday, Nov. 29, Green Valley – StablefordFriday was a perfect day for golf… especially if you like to play in windy conditions! The unusually strong wind kept the temperature down as well as the scores.As is usual nowadays, the Green Valley course was in very good condition and 31 players took to the greens but judging by the scoring, the low handicappers seemed to find the conditions harder than the “B grade” players.It was a welcome back to Jon Kittilsen who posted the day’s best score of 37 points to win Div B from John Lawton, who has been seen experimenting with a new swing but we are reliably advised that his level par 36 contained many flukes and lucky bounces. Bob Lindborg took third on 35, ahead of three tied on 34 as Jim Bryan got the better of John O’Keefe and Tim Knight on c/b.The best score posted by the lower handicappers was incredibly just 31pts, which was recorded by big Steve Poznanski, picking up his second win of the week. He beat John Cunningham on c/b while the minor places went to Angus Neilson (30), who won on Monday, beating Jim Black on c/b, who was second in the same comp (as Angus). The last place went to a surprised Paul Greenaway, who beat two other players on c/b, all on 29pts.There were five ‘2’s from Bob St. Aubin (4th), John Cunningham & Bob St. Aubin again (9th) and Dennis Pelly & John O’Keefe on the 12th.Div A (0-14)1st Steve Poznanski (11) 31pts2nd John Cunningham (6) 31pts3rd Angus Neilson (8) 30pts4th Jim Black (12) 30pts5th Paul Greenaway (8) 29ptsDiv B (15+)1st Jon Kittilsen (22) 37pts2nd John Lawton (20) 36pts3rd Bob Lindborg (21) 35pts4th Jim Bryan (16) 34pts5th John O’Keefe (17) 34ptsNote: The Outback Golf Bar is situated about 6km from Sukhumvit Road along Soi Siam Country. Call Jack on 081 578 1956. PSC golf from The Outback Golf BarMonday, Nov. 25, Burapha – StablefordIt was a hello to some familiar names from Geraldton, West Australia; Quilly, Herdy & Mark to name but a few and also welcome back to Angus Neilson, Wally Brown, Mick Indge & Svenn Lund, bringing the number playing at Burapha today to 31.There were a few rumbles of discontent that we stayed on the shorter white tees for the A & B loops this week but you can be sure we will be back on the blues before too long.The weather was perfect and the course as usual was in great condition, although new sand in some bunkers made for some interesting lies. The high season (and rates) is now with us, bringing with it a somewhat slower pace of play but the scores were better than usual with Greg Hill having the best of the day to win Div B with a great 42pts. Stephen Blazsanyik (better known as Waldo) took second on 38 after beating Pete Stonebridge on count back and Bruce Mcadam filled fourth spot on 36.
Adam Barton.With plenty of time for some practice putts before our 10.30am tee time we then waited for seven groups from a non-PSC affiliated society to tee off and our first group got away about 10 minutes later than scheduled. I do not usually “bag” other societies but I have to say that many of the groups in front of ours need to be much more aware of golf etiquette, in particular the slow play rule as was pointed out to the group in front of our first one, who were posing for photographs of one another on the 12th tee while they were half a hole behind!Thanks to the slow play in front, our rounds took just a bit under five hours, which is unacceptable, but apart from that the course was in good shape and the greens appear to be getting back to their “slick” self again.Phil Davies was the winner with 33 points and in a count back for second & third with 2 golfers on 32 points it was Graham Buckingham (14 point back nine) who took the honour from Tony Cook (10 point back nine) in third spot. Fourth place went to Frank Donnelly who had 31 points.1st Phil Davies (16) 33pts2nd Graham Buckingham (22) 32pts3rd Tony Cook (29) 32pts4th Frank Donnelly (23) 31ptsNear Pins: Wan MakmulLong Putts: Frank DonnellyWednesday, July 8, Khao Kheow (B & A) – StablefordWe had three groups on the starting sheet and we were able to get our first group away 46 minutes early at 10.00am off B1, after being allocated B & C nines in that order. The weather was good and the golf course in fine shape as usual, and with the groups in front of us not wasting any time we maintained a fair pace and all our groups completed the round in well under four hours.With most golfers struggling on the day it was Adam Barton who stole the show by compiling 39 points and easily winning the competition, with veteran Ken Hole in second place on 33 points and Steve Newton third with 29.1st Adam Barton (14) 39pts2nd Ken Hole (18) 33pts3rd Steve Newton (27) 29ptsNear Pins: Steve NewtonThursday & Friday, July 9-10 – Kabinburi – StablefordThis was the first away trip for Phantom Golf Society and we had 20 eager golfers who were very much looking forward to doing something different. We left Pattaya at 8.00 a.m. and after just a two and a half hour drive arrived at Kabinburi Sports Club, checked in and were ready to meet our 12 midday tee time. For the first game we played stableford off the white tees and after the game all the cards were drawn out in pairs, the 2 scores added together to achieve a first, second, third & fourth result.The golf course was in fantastic shape with lush fairways and very well maintained greens and it is certainly a challenging but super layout. The rooms were excellent and great value and the staff could not have been more obliging.Dipty Narongsak & Phil Davies.On the first day the winning pair was Phil Davies and Dipty Narongsak with a total of 67 points, and Kevin Fernadez and Tony Cook came second with 59. Gerd Riedler & Larry Gibb were third with 58 points and Neil Skilton & Mogens Melander finished in fourth spot with 56.On the Friday we played the “Rainbow” format, which required all the men golfers to play 6 tee shots off the white tees, 6 tee shots off the yellow tees and 6 tee shots off the red tees. The tee colour could be nominated before each tee shot and the ladies played all their tee shots off their normal red tees.After the Friday round all the individual scores for the 2 rounds were added together to arrive at an overall first, second, third & fourth. The overall winner was Kevin Fernandez with 81 points, 10 points ahead of Dipty Narongsak in second place. Then came a count back with big Aussie Steve Truelove (37 points in the second game) finishing third and in fourth place was our resident “Bikey” Mogens Melander (34 points in the second game), with both players having a total of 64 points.Everyone agreed it had been a great 2 days on a terrific golf course with fantastic staff and at very reasonable prices and we will certainly be back there before too long.Results (Overall)1st Kevin Fernandez (24) 81pts2nd Dipty Narongsak (12) 71pts3rd Steve Truelove (7) 64pts4th Mogens Melander (36) 64ptsNear Pins: Nat Rukkid, Steve Truelove, Dipty NarongsakLong Putts: Lorraine Percy, Graham BuckinghamNote: The Phantom Golf Society welcomes golfers of any persuasion – low & high handicappers alike, female golfers and beginners. We generally play Mondays, Wednesdays and Phoenix every Friday, meeting at The Phantom Bar in Soi Buakhow at 8.00 am with transport departing at 8.30 am. Breakfast is now available at the Phantom Bar from 7.30am onwards. For bookings or more information please contact Peter on 0806 351 386 or email to [email protected] It was very busy on this their Sports Day and it was disappointing to see that they had dropped their 400 baht cart promotion from July 1 onwards, so I immediately informed the PSC Office to change the rate on their current schedule. PSC Golf from the Phantom Golf SocietyMonday, July 6, Bangpra – StablefordIt was time to play the “Monkey Course” again and we had a healthy four groups signed up to play. The skies were very grey on the journey to the course and there were a few drops of rain but by the time we got to Bangpra it was fine and clear.