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The exception was a railroad unit in a corner building that received more light than the others.
Mr. Lewis, a former Secretary of Transportation, is currently chairman and chief executive of the company's railroad unit.
The companies had agreed to a sale that would raise Kansas City Southern's holdings in the Grupo TFM railroad unit to 80percentt.
Railamerica Inc., a short-line and regional rail service provider, said yesterday that it had agreed to sell its Freight Australia railroad unit to a privately held rail operator, Pacific National, for $204 million to reduce debt.
But he praised the work of several executives who are thought to be leading candidates to succeed him as chief, including Ajit Jain, the head of the company's reinsurance operations; Tad Montross, chief of the insurance business General Re; and Matthew Rose at the railroad unit Burlington Northern Santa Fe.
Similar(55)
The European Commission has begun an antitrust investigation of the proposed sale of DaimlerChrysler's Adtranz railroad equipment unit to Bombardier, the Canadian transportation equipment conglomerate.
The Westinghouse Air Brake Company, a railway equipment maker based in Wilmerding, Pa., said yesterday that it had agreed to buy the railroad electronics unit of Rockwell Collins Inc., a division of the Rockwell International Corporation, for $80 million.
The Katy was to be purchased by the Missouri-Pacific Railroad, a unit of Union Pacific, and the deal was contingent on the Katy's ability to obtain 60% of the outstanding income certificates.
Demand for electricity continues to grow, and major railroads operate unit trains that run continuously between major coal-producing areas and power plants throughout the nation.
The railroad is a unit of the Burlington Northern Santa Fe Corporation, which is based in Fort Worth.
For the time being, the Canadian Pacific name will live on in the railroad and shipping units.
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