Canadian Pacific and Kansas City Southern submit a joint application before the Surface Transportation Board asking to consolidate the two railroads while CN adds a rail and technology expert to its board.
The board affirms its previous approval of Canadian Pacific’s voting trust application.
Industry observers grapple with the complexities of implementing reciprocal switching on U.S. rail networks.
2022 could be a busy year for the Surface Transportation Board if it decides to tackle a number of long-standing, hot-button issues.
U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
Kansas City Southern shareholders pushed back a vote on whether to approve CN’s merger agreement to Sept. 24.
The agency is seeking comments from freight railroads on whether it should collect data pertaining to first- and last-mile movements.
Stakeholders and observers such as Amtrak, Canadian Pacific and the Vermont Department of Transportation want the Surface Transportation Board to consider placing conditions that would bolster both competitive access and passenger rail service.
Kansas City Southern shareholders must decide whether to continue to pursue merger plans with CN or go with Canadian Pacific.
The Surface Transportation Board rejected CN’s application to establish a voting trust, which would be used as part of the process to acquire Kansas City Southern.
As fall harvest nears, grain shippers and freight railroads are taking steps to ensure network fluidity for export-bound grain trains in and out of the Pacific Northwest.
Both Canada and the U.S. have provisions that allow for reciprocal switching, or interswitching. But rail shippers’ ability to participate in the program differs in the two countries.
The Association of American Railroads responds to regulator’s inquiry about supply chain congestion, while GoRail advocates for regulation supporting freight rail industry growth.
AskWaves looks at the regulatory might of this small, independent federal agency.
Kansas City Southern declined Canadian Pacific’s revised bid, opting to stick with CN. But a shareholder vote to approve the CN-KCS merger agreement could be held off if the Surface Transportation Board doesn’t issue its decision on CN’s voting trust by Tuesday.
The CEOs of five Class I railroads tell the Surface Transportation Board that the root causes of the congestion facing rail intermodal terminals are beyond the railroads’ control.
The Surface Transportation Board will review Amtrak’s request to restore Gulf Coast service, dismissing calls by CSX and Norfolk Southern, whose networks will be affected by the service restoration, to reject the request.
Four shipper associations have asked the Surface Transportation Board to see if demurrage charges can be applied to privately owned railcars to improve the flow of railcars through the network.
The Surface Transportation Board has accepted CSX’s revised application to acquire Pan Am Railways, allowing the acquisition proceedings to continue.
SMART-TD must negotiate with Class I railroads on train crew size; Rail Customer Coalition calls on STB to take up reciprocal switching; ASLRRA praises progress on infrastructure bill; and Canadian Pacific urges KCS shareholders to vote against the proposed CN-KCS merger.
