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WASHINGTON — With Norfolk Southern’s toxic train derailment in East Palestine, Ohio, heightening public concern about rail safety, federal regulators went out of their way on Wednesday to explain that their approval of the Canadian Pacific-Kansas City Southern merger would help keep trackside communities safe. “We are well aware of the very real and legitimate […]
NEW YORK — The first new Canadian Pacific Kansas City trains will be a pair of hotshots that link Chicago with Texas and Mexico City, hauling Midwestern meat southbound and Mexican-grown fruits and vegetables northbound. CPKC can begin offering single-line service as early as April 14, the date that Canadian Pacific will gain control of […]
WASHINGTON — The merger of Canadian Pacific and Kansas City Southern may be a union of two freight railroads, but it is likely to matter for passenger railroading, as well. Amtrak had formally supported the railroads’ merger application before the Surface Transportation Board. That reflected CP’s backing for passenger operations between New Orleans and Baton […]
WASHINGTON — Commuter rail operator Metra and a group of Chicago suburbs received few of the conditions they had sought when the Canadian Pacific-Kansas City Southern merger was approved on Wednesday. But that doesn’t mean their concerns couldn’t be addressed later, Surface Transportation Board Chairman Martin J. Oberman said during a Wednesday press conference, thanks […]
WASHINGTON — Federal regulators today gave the green light to the historic merger of Canadian Pacific and Kansas City Southern. Their $31.6 billion deal — thought to be the last merger between two Class I railroads — redraws the North American rail map by creating the first railroad linking Canada, the U.S., and Mexico. The […]
WASHINGTON — A decision appears to be at hand in the Canadian Pacific-Kansas City Southern merger. The Surface Transportation Board has announced a Wednesday press conference at 11 a.m. EDT in which board Chairman Martin Oberman will deliver remarks “regarding the agency’s decision on the proposed acquisition” of KCS by CP, followed by a Q&A […]
NEW ORLEANS — Amtrak will apply for a federal grant that, if approved by the Federal Railroad Administration, would pay for 80% of a study of track and station improvements necessary to extend a section of the New York-New Orleans Crescent between Meridian, Miss., and Fort Worth, Texas. Nicole Bucich, Amtrak’s vice president of network […]
INDEPENDENCE, Ohio — Members of the Brotherhood of Locomotive Engineers and Trainmen ratified have ratified a contract agreement with Kansas City Southern and the Dakota, Minnesota & Eastern in the event of a KCS-Canadian Pacific merger, and with Pittsburgh’s Union Railroad. Ratification of both agreements was announced March 3. The KCS and DM&E agreement is […]
WASHINGTON — U.S. Sen. Elizabeth Warren (D-Mass.), in a letter to Surface Transportation Board Chairman Martin J. Oberman, has asked that the STB deny the merger of Canadian Pacific and Kansas City Southern, saying the merger “would reduce competition in an already highly consolidated market and could cost increased shipping costs.” Warren, in the letter […]
WASHINGTON — The Surface Transportation Board on Saturday approved the appointment of Ronald L. Batory as trustee of the CP-Kansas City Southern Voting Trust, succeeding the late David Starling. All five members of the board approved the appointment, although board member Robert Primus did so with a concurrence that maintained his objection to the standard […]
WASHINGTON – Canadian Pacific has asked federal regulators to approve the appointment of former Federal Railroad Administration administrator and longtime railroad executive Ron Batory as trustee of the CP-Kansas City Southern voting trust. The move comes after former KCS CEO Dave Starling, who had been serving as trustee, died last month. “Mr. Batory is eminently […]
WASHINGTON — Still bidding to stop or delay the merger of Canadian Pacific and Kansas City Southern — and hinting at legal action if that effort fails — a group of Chicago suburbs has made a new filing to the Surface Transportation Board calling for a reconsideration of the Final Environmental Impact Statement, as it […]
