About Us  |   Contact Us  |   Register  | Login  |   

Follow HedgeWorld on Twitter HedgeWorld on LinkedIn






HEDGEWORLD NEWS
Search the News
Advanced News Search
HedgeWorld News by Region
United States / Americas
Europe
Asia / Australia
International
HedgeWorld News Sections
Managed Futures & Derivatives
Daily News
Regulatory/Legal
Strategies/Analysis
Technology
Opinion
People
Indexes
Other News Features
Most Popular
LexisNexis Headlines
Reuters Headlines
The HedgeWorld Blog
Alternative Advantage Daily Newsletter
RSS Service
Sign Up For Email News Alerts
Reprints



New York-Connecticut commuter line to resume full service Oct. 7
10/04/2013 Email this story  |  Printable Version

NEW YORK, Oct 4 (Reuters) - The Metro-North Railroad expects to resume normal service on its heavily traveled New Haven line next Monday morning after a power failure caused delays for tens of thousands of commuters to New York City, officials said on Friday.

New York's mass-transit agency said it would test a new power substation repaired by utility Consolidated Edison Inc, but that the railroad expects to resume "full service."

The outage on the railroad's busy route between New Haven, Connecticut, and New York City began on Sept. 25 when a high-powered electric cable failed near Harrison, New York, a town about 22 miles (35 km) north of Manhattan. The outage occurred while crews were working to replace an alternate power line.

Some 125,000 commuters a day, including many who work on Wall Street, have faced long delays as crews struggle to restore full service. The railroad serves hedge-fund capital Greenwich, Connecticut, and nearby Stamford, where banks such as UBS AG and the Royal Bank of Scotland maintain trading floors.


Email This Story to a Friend   |   Display Printable Version of This Story

Story Copyright © 1999-2014 Reuters HedgeWorld All rights reserved.

HedgeWorld News is sponsored by:






Lipper    Privacy   User Policy  Legal Disclosure Copyright/DMCA  Site Map    FAQ    Glossary  Thomson Reuters for Hedge Funds
All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of HedgeWorld content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. HedgeWorld is a registered trademark of Thomson Reuters.