The Surface Transportation Board logged over 25 hours last week to hear from stakeholders about the advantages and drawbacks of the proposed Canadian Pacific and Kansas City Southern merger.
KCS has sites in the southern U.S. and in Mexico that are primed for the construction of warehouses and manufacturing facilities.
This week in Borderlands: Kansas City Southern set to build second rail bridge in Laredo; Texas firm constructing a truck and trailer parking facility near Houston; Omni Logistics opens new shipping hub in Dallas; and New Mexico port expanding with help from federal grant.
Canadian Pacific executives on the company’s second-quarter 2022 earnings call discussed precision scheduled railroading, synergies with Kansas City Southern and intermodal strength in the second half of the year.
La STB también deniega las solicitudes en el procedimiento sobre el deseo de Amtrak de la Costa del Golfo de establecer un servicio ferroviario de pasajeros
The Surface Transportation Board will conduct a three-day hearing in late September to find out from Canadian Pacific and Kansas City Southern directly about issues related to the railways’ proposed merger.
Kansas City Southern de Mexico will invest nearly $200 million in a railway bypass. The railroad will have exclusive rights to the bypass for 10 more years.
The STB is sifting through hundreds of pages on the perceived advantages and disadvantages of a merger between Canadian Pacific and Kansas City Southern.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Exports, production of heavy-duty trucks from Mexico drop in May; Kansas City Southern de Mexico commits $120 million to new projects; Prologis building distribution warehouse in Dallas area; and Amazon opens sixth logistics warehouse in Mexico.
Canadian Pacific is launching an international intermodal service between Mexico and Chicago, while state DOTs and Amtrak say a $31 million federal grant will add to existing passenger rail service and improve freight efficiency.
