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WASHINGTON – Amtrak has urged federal regulators to reject Canadian National’s quest to obtain Kansas City Southern’s former Gateway Western trackage as a condition of the proposed Canadian Pacific-KCS merger. CN aims to create a new single-line route dubbed the Springfield Speedway that would link Kansas City and St. Louis with Chicago, Detroit, and Eastern […]
WASHINGTON – The Canadian Pacific-Kansas City Southern merger will snarl rail traffic in Chicago, particularly at a key junction where CP operates on trackage rights over Canadian National and Metra, CN has told federal regulators. CP says the merger will generate significant growth in intermodal and automotive traffic that will be sorted at its Bensenville […]
Canadian National was the only one of the big six railroads to gain traffic in 2022’s second quarter. CN’s traffic was up 0.4%, essentially flat compared to last year’s second quarter. CSX Transportation was flat, too, but its volume was down 0.1%. Canadian Pacific’s traffic was down 1.5%. Union Pacific’s declined 2% for the quarter, […]
WASHINGTON — In March, Metra said it would oppose the Canadian Pacific-Kansas City Southern merger because changes to freight operations in the Chicago area would increase commuter train delays by 400%. Last month, Metra’s more detailed analysis of the revised operating plan CP and KCS submitted to federal regulators showed the merger actually would increase […]
CALGARY — Canadian Pacific says it has become the first North American freight railroad to take part in the United Nations Global Compact, the world’s largest corporate sustainability initiative. More than 15,000 companies in more than 160 countries are part of the program, launched in 2000, for the development, implementation, and disclosure of socially responsible […]
BETTENDORF, Iowa — Canadian Pacific has agreed to pay the city of Bettendorf $3 million to address the community’s concerns over increased traffic resulting from its planned merger with Kansas City Southern. The Quad Cities Times reports that the agreement — which is subject to Surface Transportation Board approval of the merger — was agreed […]
WASHINGTON — As part of their review of the Canadian Pacific-Kansas City Southern merger, federal regulators will consider requests for conditions from Canadian National and Norfolk Southern. The Surface Transportation Board on July 1 said that it has accepted the so-called responsive applications from CN and NS. CN has asked the board to force CP […]
MINNEAPOLIS, Minn. — Three unions have ratified new contracts with Canadian Pacific subsidiaries in the U.S. and eastern Canada, the railroad has announced. The agreements cover a total of about 430 employees on the Central Maine & Quebec in Canada (represented by United Steel Workers Local 1976), the CM&Q in the U.S. (represented by the SMART […]
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 […]
WASHINGTON — A major grain shipper opposes Canadian National’s effort to force Canadian Pacific and Kansas City Southern to divest the KCS line linking Springfield, Ill., and Kansas City. Earlier this year CN asked the Surface Transportation Board to condition approval of the CP-KCS merger on divestiture of KCS’s Springfield Line. CN promises to spend […]
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 […]
BROWNVILLE, Maine — The Canadian Pacific Holiday Train will expand its route this year, adding at least one stop in Maine, the Bangor Daily News reports. The addition reflects CP’s 2020 purchase of the Central Maine & Quebec Railway, in which it regained a route across Maine it had previously sold as part of reestablishing […]
