Canadian Pacific wants to acquire Kansas City Southern. Here are five thoughts from Wall Street transportation analysts about the transaction.
STB Chair Marty Oberman shares the board’s views on two proposed acquisitions: CSX’s acquisition of New England short line Pan Am Railways and Canadian Pacific’s merger with Kansas City Southern.
Amtrak wants to establish passenger rail service between Mobile, Alabama, and New Orleans, but CSX, Norfolk Southern and the Port of Mobile have some reservations. Amtrak has filed a petition with the Surface Transportation Board to turn its plan into fruition.
Transportation Technology Center Inc. is undergoing a management change that would enable the group to expand work to multiple sites, while the Surface Transportation Board appoints two short line railroad representatives to the Railroad-Shipper Transportation Advisory Council. Also, a Manitoba transload facility at the U.S.-Canadian border seeks customers.
Eastern U.S. railroad CSX (NASDAQ: CSX) has started the regulatory process to acquire New England short line operator Pan Am Railways in a move that CSX hopes will strengthen its intermodal presence in the region. The company on Thursday submitted its application to the Surface Transportation Board. The application includes a request both to acquire […]
U.S. Class I rail headcount totaled 113,461 employees in January.
A change in political direction – and ongoing concerns – greet 10 Biden picks who will deal with freight issues.
Marty Oberman has been appointed to serve as the chairman of the Surface Transportation Board.
U.S. operations of the Class I railroads employed fewer employees in 2020 than in any year since at least 2012. Headcount was 14% lower than in 2019.
Michelle Schultz’s appointment brings the board to five members, the full complement prescribed by federal law.
Robert Primus gets confirmed as the newest member of the Surface Transportation Board while the Intermodal Association of North America names Barbara Melvin as its new board member.
Rail shippers discuss what issues they would like to see addressed in 2021. Among them: further action by the Surface Transportation Board and Congress on ensuring rail competition and adequate rail service.
Total employment among the U.S. operations of the Class I railroads fell nearly 14% year-over-year amid the railroads’ continued deployment of precision scheduled railroading.
The Association of American Railroads recently laid out some issues that Amtrak, host railroads and the federal government must grapple with as they implement on-time performance metrics and standards for Amtrak.
October’s total employment level among the U.S. Class Is was the second lowest for 2020 as railroads implement PSR.
The Senate has confirmed the appointments of Robert Primus and Michelle Schultz.
1998: The Surface Transportation Board has approved the division of Conrail between Norfolk Southern and CSX, which will be left in control of most railroad traffic in the eastern half of the United States.
A panel of economic experts weighs in on the future of the Surface Transportation Board and the rail industry itself.
Rail stakeholders debate the legacy of precision scheduled railroading and the common carrier obligation.
The rail equipment and technology provider is one of many companies that have laid off or furloughed employees because of the lower-volume environment exacerbated by the coronavirus pandemic.
