Worker seriously injured after falling off roof of Milton home

A construction worker was seriously injured after he was knocked off the top of a house in Milton.It happened shortly before 2 p.m. at a home under construction near Louis St. Laurent Blvd. and Hamman Way.Police say the 55-year-old man was struck by a load of construction materials being hoisted by a crane to the second storey of the home.The man fell roughly 16 feet to the ground and was unconscious when police arrived.He was rushed to Hamilton General hospital with serious injuries.The Ministry of Labour was called in and has taken over the investigation. read more

Rate increases lift Union Pacifics 2Q profit 10 pct railroad offers cautious

Rate increases lift Union Pacific’s 2Q profit 10 pct., railroad offers cautious outlook AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Josh Funk, The Associated Press Posted Jul 18, 2013 8:25 am MDT OMAHA, Neb. – Union Pacific Corp. says rate increases helped lift its second-quarter profit by 10 per cent, even though the number of carloads the railroad hauled slipped by 1 per cent.The Omaha, Neb.-based railroad said Thursday that it generated $1.11 billion in net income, or $2.37 per share, in the quarter that ended June 30. That’s up from $1 billion, or $2.10 per share, in the same months last year.Revenue rose 5 per cent, to $5.47 billion.Analysts surveyed by FactSet predicted Union Pacific would report earnings of $2.35 per share on $5.5 billion in revenue.Even after the strong quarter, Union Pacific CEO Jack Koraleski remained cautious.“As we move into the second half of the year, the economic outlook remains uncertain, but we’re hopeful that we’ll see some economic improvement in the months ahead,” Koraleski said.Union Pacific’s stock slipped 43 cents in pre-market trading to $159.25.Coal volumes were roughly even with last year’s weak levels, suggesting that demand may have bottomed out. Over the past two years, many utilities have cut back on coal purchases because of relatively cheap natural gas prices and environmental concerns.The railroad reported stronger revenue in every area except agricultural products and intermodal containers.Union Pacific said the volume of intermodal containers imported off of ships fell 8 per cent in the quarter as activity at West Coast ports slowed. The number of containers moved off of trucks to the railroad increased 3 per cent.Union Pacific said revenue improved 12 per cent in its automotive, chemical and coal businesses, and industrial products revenue grew 7 per cent.Union Pacific operates 32,400 miles of track in 23 states from the Midwest to the West and Gulf coasts.___Follow Josh Funk online at Pacific Corp.: read more