Federal Maritime Commission members urge STB to reject CP-KCS merger

Red locomotive with freight in Illinois

WASHINGTON — Three of the Federal Maritime Commission’s five members have urged the Surface Transportation Board to reject the proposed Canadian Pacific-Kansas City Southern merger, saying the deal would hurt U.S. ports. Canadian ports — particularly Vancouver and Prince Rupert in British Columbia — have been gaining market share for containerized traffic that’s ultimately bound […]

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How Wall Street holds railroads hostage: Analysis

Man climbing on front steps of orange locomotive

The U.S. Class I railroads’ recurring crew shortages, related bouts of service problems, and a lack of meaningful volume growth are intertwined. You can lay the blame for all three problems at just one place: Wall Street. BNSF Railway, CSX Transportation, Norfolk Southern, and Union Pacific are in the midst of the mother of all […]

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Kansas City Southern 2-10-4

Kansas city Souther last steam locomotive

Kansas City Southern’s last new steam locomotives were 10 class J 2-10-4s built by Lima in 1937. As this postwar photo of No. 905 indicates, they were massive machines — those are 70-inch drivers under that giant boiler. Harold K. Vollrath photo […]

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Norfolk Southern warns that CP-KCS merger would hurt service on Meridian Speedway

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WASHINGTON — The Canadian Pacific-Kansas City Southern merger threatens to degrade intermodal service on the Meridian Speedway that serves as a shortcut between the Southeast and Southwest, Norfolk Southern told federal regulators this week. NS and KCS currently operate interline intermodal trains over the Meridian, Miss.-Shreveport, La., joint venture. KCS handles the NS trains over […]

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California congresswoman urges STB to reject CP-KCS merger

KCS3947Laredo

U.S. Rep. Katie Porter, D-Calif., has urged the Surface Transportation Board to reject the proposed Canadian Pacific-Kansas City Southern merger, arguing that the first Class I combination in two decades would stifle competition. “The proposed merger represents a grave threat to competition in the domestic rail industry, which is already highly consolidated,” Porter wrote in […]

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U.S. rail traffic dips slightly in first week of May

WASHINGTON – For the week ended May 7, U.S. rail traffic registered 504,927 carloads and intermodal units, a 3.5% decline over the same period in 2021. Figures from the Association of American Railroads show the total number of carloads at 231,737, down 1.9% over the same week in 2021, while intermodal volume was 273,190 containers […]

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