WASHINGTON – Canadian Pacific and Kansas City Southern executives say there’s plenty of capacity in Houston to handle the eight additional trains per day they’ll run through the busy terminal within three years after their merger. But Union Pacific and BNSF Railway told federal regulators, in testimony Thursday and Friday, that they have grave concerns […]
WASHINGTON – The three-day Surface Transportation Board hearing on the proposed Canadian Pacific-Kansas City Southern merger has ballooned to a six-day hearing. Testimony and questioning are taking longer than anticipated, STB Chairman Martin J. Oberman said at the start of the session this morning (Friday, Sept. 30) , which had been scheduled to be the […]
WASHINGTON — Canadian National, which lost the battle for Kansas City Southern to rival Canadian Pacific last year, tried to plant seeds of doubt about the CP-KCS merger in lengthy testimony before federal regulators on Thursday. CN was critical of the operating plan CP and KCS prepared, telling the Surface Transportation Board that it was […]
WASHINGTON — On Wednesday’s first day of public hearings regarding their proposed merger, Canadian Pacific and Kansas City Southern sought to blunt criticism of their $31 billion combination by preemptively addressing concerns raised by other Class I railroads, Chicago-area commuter railroad Metra, and lineside communities in the Midwest. Merger opponents — including Metra and communities […]
CLINTON, Iowa — Clinton’s city council has unanimously approved a $1 million agreement with Canadian Pacific to address impacts of its proposed merger with Kansas City Southern, KWQC-TV reports. Under the agreement passed Tuesday night, the city will receive the funds if the Surface Transportation Board approves the first merger of two Class I railroads […]
WASHINGTON — Three days of scheduled hearings on the Canadian Pacific-Kansas City Southern merger — the first combination of two Class I railroads in two decades — will begin this morning (Wednesday, Sept. 28) in the hearing room at the Surface Transportation Board headquarters in Washington, D.C. The hearing will begin at 9:30 a.m. EDT […]
NEW YORK – Coal is enjoying a day in the sun amid low stockpiles at power plants and high natural gas prices. Overall railroad coal volumes have improved since the second quarter of 2021 and the trend is expected to continue into next year. But then a wave of coal-fired power plant retirements will put […]
WASHINGTON — A broad range of representatives of railroads, unions, shippers, environmental organizations, and opponents are scheduled to testify during the Surface Transportation Board’s three-day hearing on the proposed Canadian Pacific-Kansas City Southern merger, set for next Wednesday through Friday, Sept. 28-30. The STB released the full list of scheduled speakers today (Sept. 22) along […]
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Union Pacific is booting Canadian Pacific out of the EMP domestic container pool. EMP, which rosters a 44,000-unit fleet of green 53-foot containers, is an interline intermodal partnership between UP and Norfolk Southern. CP, Canadian National, Kansas City Southern, and Florida East Coast also participate in EMP, which allows intermodal marketing companies to book loads […]
CLINTON, Iowa — The Clinton City Council has given preliminary approval to a $1 million agreement with Canadian Pacific to address potential impacts of CP’s merger with Kansas City Southern. The Clinton Herald reports that at a Wednesday meeting, the council voted unanimously to advance the agreement, meaning it will vote on formal acceptance at […]
Amtrak has announced it will halt operation of its remaining long-distance trains as of Thursday in anticipation of a possible freight rail work stoppage which could begin Friday morning. In other news as of midafternoon Wednesday, members of the Brotherhood of Locomotive Engineers and Trainmen have begun receiving instructions on what to do in case […]
