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Former Illinois Central SD40-3 No. 6251 leads a Canadian National train near Stewart, Minn., earlier this year. Canadian Pacific’s bid for Norfolk Southern includes provisions for a voting trust of a type last used when CN bought IC in the late 1990s. Matt Krause When Norfolk Southern’s board of directors formally rejected Canadian Pacific’s $28 […]
BOLINGBROOK, Ill. — New in-cab locomotive technology designed to identify communications over cellular frequencies is now working on U.S. railroads, Wi-Tronix officials tell Trains News Wire. The Illinois-based company has deployed its “Mobile Phone Detection System” on at least one Class I railroad and one California short line railroad. The company could not disclose which […]
Canadian Pacific slightly sweetened its bid for Norfolk Southern today, offering NS shareholders what amounts to an insurance policy on the stock price of the combined company while the merger is under regulatory review. “We are increasing our offer to NS shareholders by as much as $3.4 billion through the addition of a contingent value […]
Canadian Pacific and Norfolk Southern networks with most major routes shown. Trains: Rick Johnson CALGARY, Alberta — Bill Ackman, Canadian Pacific’s activist shareholder, says in a conference call today that E. Hunter Harrison is the “greatest railroader of all time” and that he is the premium Norfolk Southern shareholders would receive regardless of whether a […]
The two trains remained by the diamond after the incident during the investigation. This view looks east from the Fostoria Railpark. FOSTORIA, Ohio – Railfans watching trains at the popular Fostoria Railpark believe they nearly witnessed a collision between two trains Sunday at the famous diamond crossing between CSX Transportation and Norfolk Southern in northwest […]
Brian Schmidt FORT WAYNE, Ind. – A leading intermodal analysts says that Norfolk Southern’s decision to scale back use of its RoadRailer trailer trains is a “missed opportunity” for the industry. Earlier this month, NS discontinued most of its RoadRailer trains and is incorporating traffic that was once moved by its Fort Wayne-based Triple Crown […]
FULL SCREEN Ron Flanary The 2015 CSX Santa Train heads toward the Sandy Ridge Tunnel south of Trammel, Va. FULL SCREEN Chase Gunnoe Santa Claus hands out gifts to families from the year of the CSX Santa Train Saturday, Nov. 21. FULL SCREEN Chase Gunnoe Inside the CSX Santa Train, thousands of presents, pieces of […]
An Alaska Railroad passenger train glides through the open terrain of the U.S.’ largest state. Discovery channel’s Destination America channel plans to live-broadcast an entire one-way trip on the railroad. Frank Keller SILVER SPRING, Md. — If having a yule log burning on your television screen seems too cliché on Thanksgiving, a cable television channel […]
Norfolk Southern’s latest specialty painted locomotive for First Responders, GP38-2 No. 5642. Norfolk Southern ALTOONA, Pa. — Norfolk Southern says it has another special-painted locomotive gracing its rails. This time, GP38-2 No. 5642 is painted as a first responder unit similar to SD60E No. 9-1-1. NS says on its Facebook page that the locomotive will […]
Is the Indiana Harbor Belt’s 54 miles of mainline track a key component of the proposed 33,700-mile merger of Canadian Pacific and Norfolk Southern? Quite possibly. The IHB, whose main line circles Chicago and could link CP lines in the Midwest with NS lines to the East and South, is an integral part of CP’s […]
A CSX Transportation train with Canadian Pacific power waits on a Norfolk Southern train to cross the diamonds at Northwood, Ohio, in January 2014. Michael Harding He said he might do it. Discussing his company’s flirtation with CSX in October 2014, Canadian Pacific Chief Executive Officer E. Hunter Harrison mentioned that CP had looked at […]
No. 611 on an excursion. Jim Wrinn Canadian Pacific’s offer to purchase Norfolk Southern has the full attention of industry analysts and investors. They’re thinking deeply about the railroads’ “net present values,” network operations, and regulatory filings. But what about the companies’ souls? How do the two companies compare in terms of railway preservation? A […]
