WASHINGTON – Federal regulators today asked Canadian National to provide more detailed financial information regarding its proposed merger with Kansas City Southern. The Surface Transportation Board, saying that it wants to take a cautious approach to CN’s request to put KCS into a voting trust while their $33.6 billion deal is under review, also set […]
With the federal government partnering with truck manufacturers to improve the fuel efficiency of diesel rigs, and electric trucks beginning to hit the roads, the railroad industry needs to step up its efforts to reduce and ultimately eliminate locomotive emissions. That’s the view of consultant Michael Iden, whose four-decade railroad career was devoted to […]
HO scale locomotives Electro-Motive Division SD90MAC diesel locomotive. Canadian Pacific (red and black), CIT Group (blue and black), Indiana Rail Road (red and white in two road numbers, 25th anniversary scheme in one number), Norfolk Southern (Primed for Grime series Union Pacific patchouts), and Union Pacific (Armour Yellow and Harbor Mist Gray, 3470-3775 series units […]
HO scale locomotives Electro-Motive Division GP7 diesel locomotive. New paint schemes: Burlington Northern (green and black), Chicago & Eastern Illinois (black and orange), Conrail (blue and white with small or large lettering, one road number each), and Reading Co. (Pullman Green). New paint schemes: Florida East Coast (yellow and blue), Guilford Rail System (Springfield Terminal […]
MONTREAL— Against a backdrop assuring continued service interruptions, VIA Rail Canada released its annual pre-recorded public meeting last week, with brief reports from Chairman Francoise Bertrand, President and CEO Cynthia Garneau, and Chief Financial Officer Marie-Claude Cardin. The meeting came as the Canada-U.S. border remains closed through at least June 21, Canadian vaccinations are lagging, […]
Release of environmental report, Record of Decision allows Gateway tunnel project to move forward The Federal Railroad Administration and Federal Transit Administration have issued the final Final Environmental Impact Statement and Record of Decision on the Gateway tunnel project under the Hudson River, which clears the way for the project to receive federal funding. “This […]
WASHINGTON — The chairman of the Surface Transportation Board says he’s concerned that pressure from Wall Street is undermining railroad service and questioned the need for major railroad mergers. “Our mandate as an agency … is to ensure and protect a strong national rail network. That’s why we exist. And everything we do should be aimed […]
CP calls CN plan to sell KCS line ‘token divestment,’ remains critical of merger’s competitive impact Canadian Pacific says Canadian National’s plans to divest a Kansas City Southern line in Louisiana is “clear recognition” of the competitive issues created by the proposed CN-KCS merger. In a Thursday statement, CP also said the “token divestment” would […]
WASHINGTON — Canadian National and Kansas City Southern today asked federal regulators to approve a voting trust that is the initial step in their plans to merge into the first railroad linking Canada, the U.S., and Mexico. To address competition concerns in the one area where the railroads’ systems overlap, CN said it will sell the […]
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 27, 2021. HO scale locomotives Electro-Motive Division SD40-2 diesel locomotive. Atchison, […]
NORFOLK, Va. – Norfolk Southern’s chief financial officer says the term “one-person crew” is a misnomer that has only stoked controversy about the rail industry’s proposal to use ground-based conductors on routes protected by positive train control. “It’s unfortunate the terminology on one-man crew or one-person crew … because I don’t think it’s really the […]
MONTREAL – One of Canadian National’s largest investors has urged the railway to abandon its pursuit of Kansas City Southern, saying it would be reckless in light of regulatory uncertainty surrounding the merger. The U.S. Surface Transportation Board yesterday denied, on procedural grounds, CN’s request to put KCS into a voting trust while the merger […]
