THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Tuesday, November 22, 1994 TAG: 9411220674 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Digest SOURCE: Staff LENGTH: Short : 22 lines
Union Pacific Railroad, CSX Corp. and the Ministry of Railways of the People's Republic of China have signed an agreement aimed at bolstering rail transportation in China. Areas to be addressed through cooperative plans and recommendations will include: transition to a market economy system; improvements in production, profitability and service quality; establishing an intermodal service network; training; new technology; management skills and marketing. Union Pacific and CSX have been discussing since 1993 a cooperative effort with the Ministry of Railways of the Peoples' Republic of China and the Ministry's affiliated companies.< by CNB