WASHINGTON — The Justice Department on Monday questioned Canadian Pacific’s plans to put Kansas City Southern into an independent voting trust while the railroads’ proposed merger is under regulatory review. But the railroads, in a separate filing to the Surface Transportation Board on Monday evening, defended their merger, the voting trust, and their request to […]
Will Canadian Pacific’s proposed acquisition of Kansas City Southern be the spark that ignites the final round of railroad consolidation in North America? It’s a question that’s been coming up since CP and KCS announced their blockbuster $29 billion deal on March 21. Most analysts agree that CP+KCS won’t lead to the creation of two […]
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 April 15, 2021. HO scale locomotives Electro-Motive Division F-series locomotives. Bessemer & […]
All of the big six Class I railroads notched volume gains in the first quarter as robust intermodal growth overcame slight declines in carload volume. Intermodal volume is on a tear as retailers aim to keep store shelves and online order fulfillment centers full due to consumers spending more on goods than services during the […]
Alabama port agency asks STB to deny Amtrak effort to start Gulf Coast service The Alabama State Port Authority has asked the Surface Transportation Board to turn down Amtrak’s request for an order allowing it to start passenger service between New Orleans and Mobile, Ala., instead requesting the board compel Amtrak to complete the traffic […]
KANSAS CITY — With the recent announcement that Canadian Pacific is acquiring Kansas City Southern, railfans will no doubt be heading to the KCS to capture the last days of the smallest of the Class I railroads. But where should you go to catch the action on such a vast system? Here’s a few highlights, […]
Death toll reaches 50 in Taiwan derailment; construction supervisor arrested, released on bond At least 50 are now dead as a result of Taiwan’s worst train crash in 70 years, which occurred Friday when an express train hit a truck that had slid down an embankment from a building site. Reuters reports the manager of […]
WASHINGTON — BNSF Railway, Canadian National, and Union Pacific have joined Norfolk Southern in asking federal regulators to apply the more stringent 2001 merger review rules to Canadian Pacific’s proposed acquisition of Kansas City Southern. As the smallest Class I, KCS received a waiver from the current merger review rules, and CP and KCS have […]
WASHINGTON — Several trade associations, a major agricultural shipper, and Norfolk Southern today asked the Surface Transportation Board to review Canadian Pacific’s proposed acquisition of Kansas City Southern under the more stringent 2001 merger rules. CP and KCS have said they would seek to have the merger reviewed under the old rules, although executives contend […]
No. 231, one of Missabe’s famous 2-8-8-4s, passes two brand-new successor SD9s at Proctor Yard in May 1959. Marvin Nielsen History of the Duluth, Missabe & Iron Range From 1938 until it was purchased by Canadian National in 2004, the Duluth, Missabe & Iron Range Railway was “King of the Iron-Ore Haulers.” Its job was […]
WASHINGTON — Canadian Pacific’s proposed acquisition of Kansas City Southern has picked up its first support from another railroad company. Shortline railroad operator Genesee & Wyoming has told the U.S. Surface Transportation Board that it backs the merger of the smallest Class I systems. “From our perspective, the proposed transaction should provide improved service options […]
WASHINGTON — A major shipper group plans to challenge the waiver that would permit Canadian Pacific’s proposed acquisition of Kansas City Southern to be reviewed under the Surface Transportation Board’s old, less restrictive merger rules. The National Industrial Transportation League said today that the CP-KCS deal would ultimately harm rail competition. “Based on the significant loss […]
