WASHINGTON – Federal regulators have dealt a blow to Canadian National’s proposed acquisition of Kansas City Southern. The Surface Transportation Board today denied CN’s request to place KCS into a voting trust while the merger is under review. The board said CN’s application was incomplete, however, because CN has not yet filed its merger application. And […]
WASHINGTON — The U.S. Justice Department is opposed to allowing Canadian National to place Kansas City Southern in a voting trust as part of the process for the proposed merger of the two railroads, saying the deal “raises sufficient competition concerns on first blush” to prohibit the procedure. Canadian Pacific, which has had its earlier […]
MONTREAL — Canadian National is expected to sweeten its offer to acquire Kansas City Southern, the Wall Street Journal reported today. CN would, at a minimum, pick up the tab for the $700 million breakup fee that KCS would owe Canadian Pacific for backing out of their friendly $29 billion deal, the newspaper said, citing […]
El Paso, Colo., county board voices opposition to passenger rail district Officials in Colorado’s El Paso County, which includes Colorado Springs, have indicated their opposition to a proposed Front Range Rail Passenger District, expressing concern that taxes raised by the district could be better used to fix local roads or could be spent elsewhere in […]
Customs and Border Protection to introduce new rail cargo scanners at 12 key border crossings The U.S. Customs and Border Protection agency has announced a $46 million program to install new technology to inspect rail cargo at a dozen sites around the U.S. The new high energy scanners will us linear accelerators to generate X-rays […]
CHICAGO — Canadian National has announced it intends to beef up what is currently a meandering, unsignaled 40-mph ex-Gulf, Mobile & Ohio branch to connect with Kansas City Southern’s main line to the Gulf Coast. And if Canadian Pacific gets KCS, it expects to direct Mexican supply chain business to and from Western Canada through […]
WASHINGTON — The Chicago suburb of Barrington, Ill. — which battled Canadian National’s acquisition of the Elgin, Joliet & Eastern in 2009 and has protested increased rail traffic ever since — has warned federal regulators that CN’s proposed merger with Kansas City Southern would create “a traffic congestion nightmare for the people of the greater […]
British intercity rail disruptions could last for weeks after high speed trains are sidelined Disruptions to British intercity rail service are continuing for a third day and could last for week after Hitachi high speed trainsets were removed from service over cracks were found in the suspension of some trains. The Guardian reports Great Western […]
Product news Model railroad operators and builders can get the latest information about locomotives, freight cars, passenger cars, tools, track, and more by reading Model Railroader’s frequent product updates. Here are the products Model Railroader editors have news on for the week of May 13, 2021. HO scale locomotives Electro-Motive Division GP40-2 and GP40-2L diesel […]
Cracks in Hitachi high speed trainsets cause disruption of British rail service High speed rail service in the United Kingdom is facing major disruption this weekend after cracks were found in two Hitachi-built trainsets. The Guardian reports the hairline cracks were found in brackets that are part of a device that helps stabilize the trains, […]
Santa Cruz commission declines to revisit vote on rail proposal The Santa Cruz County Regional Transportation Commission has elected to delay further action on the California coastal county’s proposed 32-mile rail-and-trail project, a reflection of the strong divisions that have developed over the possibility of building a rail transit system on the former Southern Pacific […]
Allegheny Foundation grant will aid East Broad Top rehab of picnic area Pittsburgh’s Allegheny Foundation has awarded a $100,000 grant to the East Broad Top Foundation to support rehabilitation of the Colgate Picnic Grove, the turnaround point for EBT steam excursions since 1961. The wye at Colgate Grove originated as a spur serving a clay […]
