Surface Transportation Board

CSX needs more data in its market analysis, the Surface Transportation Board said. CSX plans to resubmit its application.

To sweeten the voting trust application before regulators, CN and Kansas City Southern are offering to divest 70 miles of a KCS line in an area of Louisiana where both railroads have competing lines in order to create an “end-to-end” network.

April employment levels at the U.S. operations of the Class I railroads were up 0.42% from March but down 7% year-over-year.

This AskWaves article explains what Class I, Class II and Class III railroads are and why they exist.

Kansas City Southern has opted for CN’s merger offer. It is terminating an existing merger agreement it has with Canadian Pacific.

Four rail labor groups have banded together to warn regulators about potential post-merger efforts to trim labor costs, while investment banking firm Cowen says regulators’ denial of CN’s voting trust signals that CN will have to make a strong case for its proposed merger.

Canadian Pacific wants Kansas City Southern to reject CN’s competing merger offer. The railway also said it won’t engage in a bidding war.

Following the Surface Transportation Board’s decision on Monday regarding CN’s proposed merger with Kansas City Southern, both CN and Canadian Pacific remained confident that each is the better suitor for KCS.

The Surface Transportation Board has decided that it would review a proposed merger between CN and Kansas City Southern under newer, stricter merger rules. The board also denied for now CN’s request to form a voting trust, saying CN’s application is incomplete.

CN revised its bid to acquire KCS; CP said it will not seek to counterbid.

The U.S. Department of Transportation wants the Surface Transportation Board to take up Amtrak’s request asking to establish passenger service between Mobile and New Orleans.

Rivals Canadian Pacific and CN separately submit more statements of support to the Surface Transportation Board in a bid to show which Canadian railway is best suited to merge with Kansas City Southern.

The Surface Transportation Board has approved the voting trust that Canadian Pacific and Kansas City Southern plan to make as part of the merger process between the two companies.

Amtrak must follow new on-time performance metrics starting July 1. Democratic congressional leaders and the Surface Transportation Board are looking at different ways to help Amtrak reach that goal. Amtrak and the freight railroads share track in certain U.S. regions.

CN and Canadian Pacific continue to campaign for the hearts and votes of Kansas City Southern stakeholders and the Surface Transportation Board.

The Biden administration has nominated Karen Hedlund to serve on the Surface Transportation Board.

The Canadian railway CN and Kansas City Southern have agreed to talk about CN’s acquisition bid. Canadian Pacific, which has a competing offer, acknowledges the meeting. CN also submits letters of support from stakeholders to regulators.

The Surface Transportation Board has determined that a waiver that exempted Kansas City Southern from post-2001 merger rules governing rail mergers applies in the proposed merger between KCS and Canadian Pacific.

With a Canadian Pacific and Kansas City Southern merger, grain shippers in the Dakotas will have a real single-line option to reach their end markets rather than having to rely solely on UP or BNSF, says former U.S. Sen. Byron Dorgan.

The Surface Transportation Board will need to scrutinize a proposed merger between Kansas City Southern and either Canadian Pacific or CN to ensure it doesn’t hurt the operations of competing railroads, Union Pacific’s head said on the company’s first-quarter earnings call.