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WASHINGTON — Canadian Pacific and Kansas City Southern — responding to critics, skeptics, and opponents — told federal regulators this week that their proposed merger is in the public interest and should be approved. The railroads, in a three-volume, 4,374-page filing, argued that the first merger of Class I railroads in two decades should sail through […]
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, […]
HOMEWOOD, Ill. — Canadian National will spend $485 million on capital projects in eight states as the U.S. portion of its capital plan for 2022, the railroad has announced. Overall, the company will spend more than C$2.6 billion on its capital program. It had previously announced almost C$2 billion in Canadian projects [see “CN announces […]
MONTREAL — The strike in Canada by members of the International Brotherhood of Electrical Workers against Canadian National Railway has ended. CN announced Monday that the union, which represents about 750 signal and communications workers, has agreed to binding arbitration, bringing an end to the strike at 12:01 a.m. EDT today (July 5, 2022). Those […]
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 […]
MONTREAL — Canadian National has released Canadian capital spending plans on a province-by-province basis, with total spending projected at C$1.92 billion. “We continue to make significant investments in our network and technology,” Sean Finn, CN executive vice-president, Corporate Services, and chief legal officer, said in each press release announcing the provincial plans. “We are building […]
MONTREAL – Canadian National has added a second pair of intermodal trains linking the Port of Halifax, Nova Scotia, with points in Eastern Canada and the U.S. Midwest. The railway launched trains Q122 and Q123 this month, joining existing trains Q120 and Q121 that serve Atlantic Canada’s busiest containerport. “Working with our partner PSA, this […]
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 […]
MONTREAL — Canadian National says it has “met or exceeded” the demands of striking Canadian signal and communications workers in negotiations, while the chief negotiator for those workers said that claim was technically correct but misleading. Some 750 workers represented by the International Brotherhood of Electrical workers walked out across Canada on Saturday. The railroad […]
