Surface Transportation Board receives earful on CP-KCS merger
The STB is sifting through hundreds of pages on the perceived advantages and disadvantages of a merger between Canadian Pacific and Kansas City Southern.
The STB is sifting through hundreds of pages on the perceived advantages and disadvantages of a merger between Canadian Pacific and Kansas City Southern.
The Canadian government says it will fund infrastructure projects in Saskatchewan and Ontario, as well as research into how the railways can respond to climate-induced events.
Canadian railway CN and the International Brotherhood of Electrical Workers have agreed to enter binding arbitration, putting to end a two-week strike over wages and benefits.
Congressmen back calls from fertilizer and agricultural products shippers to improve freight rail service, plus news about a new federal grant program to eliminate railroad crossings and updates on CN and Canadian Pacific.
NS starts a new operating plan for intermodal; CN plans investments in Louisiana and Wisconsin; and MxV Rail agrees to share expertise with a UK group.
CN announced Monday it anticipates spending $355 million in 2022 to improve infrastructure in Illinois, Tennessee, Saskatchewan and New Brunswick.
The railway’s recent 2022 capital investment announcement brings the total to nearly CA$1.7 billion (US$1.32 billion) for six Canadian provinces.
In the past two days, the Canadian railway has announced approximately CA$1.5 billion (US$1.16 billion) in capital investments for four provinces.
The investments will go toward network improvements as well as technology and decarbonization initiatives.
Members of the International Brotherhood of Electrical Workers went on strike on Saturday.
Canadian railway CN has received a notice from the International Brotherhood of Electrical Workers that its members could go on strike this Saturday.
CN will implement Wabtec’s precision dispatch system over the next year.
“There’s been a big shock in the supply chains, and we’re working very hard to get our rhythm back and our operation back and to serve our customers well,” says new CEO Tracy Robinson.
Democratic leaders urge the Federal Railroad Administration to act on worker fatigue, while the Port of Montreal’s new container terminal will be served by rail.
Four Class I railroads have donated funds to support humanitarian relief efforts in Ukraine and surrounding areas. Also, U.S. and European rail sector officials form a task force to support Ukrainian freight and passenger rail.
CN and three other Class I railroads outlined to the Surface Transportation Board conditions that should be met before the board approves a merger between Canadian Pacific and Kansas City Southern.
The Surface Transportation Board wants more details about the concessions that BNSF and CN are seeking as Canadian Pacific acquires Kansas City Southern.
Canadian railway CN eyes volume growth from vaccine mandates and grain, and it expects higher volumes in the second half of 2022.
Canadian railway CN announced that former Canadian Pacific executive Tracy Robinson will succeed retiring CEO JJ Ruest at the end of February.
CN is asking the Surface Transportation Board to require Canadian Pacific to divest KCS’ Springfield Line in Missouri and Illinois to help ensure competition.