CP says broad CN overlap with KCS system poses regulatory hurdle

Map of central U.S. highlighting areas where Canadian Pacific says Kansas City Southern and Canadian National routes overlap

CALGARY, Alberta — A combined Canadian National and Kansas City Southern system would reduce railroad competition across wide swath of its expanded service territory, which would pose a regulatory challenge to a potential merger, Canadian Pacific CEO Keith Creel says. “The competition between KCS and CN is not limited to a ‘handful’ of shippers as CN […]

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Digest: Maryland county plans to take CSX bridge issue to STB

CSX logo

Allagany County, Md., plans to ask STB to intervene in bridge dispute with CSX The Allagany County, Md., Board of Commissioners will file a complaint against CSX Transportation with the Surface Transportation Board over a bridge closure in Cumberland, Md., saying the railroad has blocked any effort to address the issue, although the railroad says […]

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CN touts its bid for Kansas City Southern, rebuts CP criticism

Canadian Pacific and Canadian National trains pass

WASHINGTON – The railroad duel of the 21st century continues. In a letter to federal regulators, Canadian National today touted its “superior” bid for Kansas City Southern and sought to correct “misleading statements” that Canadian Pacific made this week about a potential CN-KCS merger. Last month CP and KCS reached a friendly, $29 billion deal […]

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Digest: BNSF train derails in Southern California desert

Damaged intermodal cars and containers

No injuries as BNSF intermodal train derails near Barstow About 15 cars of a BNSF Railway intermodal train derailed Thursday at Jimgray, Calif., about 24 miles northwest of Barstow on the railroad’s Mojave Subdivision. The San Bernardino County Fire Department reports on Twitter that it responded to the accident about 6 a.m., but there were […]

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Union Pacific warily watching CP-CN battle for Kansas City Southern

Train with two locomotives and hopper cars on track parallelling street

OMAHA, Neb. — Union Pacific is closely watching the battle for Kansas City Southern and how an acquisition by either Canadian Pacific or Canadian National could affect its cross-border traffic. UP CEO Lance Fritz notes that U.S. regulations require that mergers between Class I railroads must enhance competition and improve service for all shippers. “For […]

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Canadian National accuses Canadian Pacific of misleading KCS investors

Canadian National logo

MONTREAL – Canadian National today rebutted Canadian Pacific’s criticism of its dueling bid for Kansas City Southern, saying its higher offer is superior, will enhance competition, and clear regulatory hurdles. “Rather than acknowledge the clear and substantial superiority of CN’s proposal for KCS shareholders, CP has sought to distract investors and attack CN’s proposal with a […]

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