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MONTREAL — Canadian National today filed its Kansas City Southern merger agreement with federal regulators, and asked the Surface Transportation Board to adopt an expedited schedule for reviewing its request to put KCS into a voting trust. In what CN termed a procedural move, the STB on Monday denied CN’s request to place KCS into […]
Demolition work began Monday on Union Pacific’s Lenox Tower in Mitchell, Ill., about 20 miles north of St. Louis. The tower is being razed to streamline the interlocking and remove a troublesome puzzle switch as part of a realignment project that will allow increased speeds for Amtrak Lincoln Service trains between Chicago and St. Louis. […]
SIBLEY, Iowa — The evacuation order resulting from the derailment of a Union Pacific train in Sibley was lifted Monday evening, after fears of an explosion eased greatly authorities discovered a car believed to be carrying ammonium nitrate was actually empty. KCAU-TV reports about 400 people had been affected by the evacuation order, which was […]
U.S. Supreme Court asks Solicitor General for opinion in case involving injured Union Pacific engineer The U.S. Supreme Court is asking the Biden Administration to take a position in a case involving Union Pacific that could affect the railroad’s liability for worker injuries. Reuters reports the court asked the U.S. Solicitor General’s office for an […]
WASHINGTON – Federal regulators have dealt a blow to Canadian National’s proposed acquisition of Kansas City Southern. The Surface Transportation Board today denied CN’s request to place KCS into a voting trust while the merger is under review. The board said CN’s application was incomplete, however, because CN has not yet filed its merger application. And […]
The Northern Pacific Railway is Classic Trains‘ Railroad of the Month for May 2021. Please enjoy this freight train photo gallery sourced from the archives of the David P. Morgan Library at Kalmbach Media. Only from Classic Trains! […]
PITTSBURGH — Wabtec says the next step in its development of a battery-electric locomotive will be a locomotive with a battery capacity of more than 6 megawatt hours, which could reduce the fuel consumption and carbon emissions of a locomotive consist by up to 30%. Such a second-generation locomotive would be offered commercially and could […]
Evacuation continues after UP derailment in Iowa Iowa State Troopers said they planned to allow the fire to burn overnight after a Union Pacific train derailed and caught fire in Sibley, Iowa, on Sunday afternoon. KELO-TV reports an evacuation remains in effect in a 2½-mile radius of the derailment site, with those evacuated sheltering in […]
SIBLEY, Iowa — For the second time in about 24 hours, a Union Pacific train derailment in the Midwest has created a hazmat situation. This time, the derailment has triggered a fire that is leading to an evacuation of part of Sibley, a town of about 2,800 just south of the Iowa-Minnesota border and about […]
WASHINGTON — The U.S. Justice Department is opposed to allowing Canadian National to place Kansas City Southern in a voting trust as part of the process for the proposed merger of the two railroads, saying the deal “raises sufficient competition concerns on first blush” to prohibit the procedure. Canadian Pacific, which has had its earlier […]
Union Pacific, which has long put profitability ahead of volume growth, has turned over a new leaf. UP now says it is focused on gaining traffic – and that it will grow faster than the rate of industrial production over the next three years by diverting freight from highway to rail. UP’s emphasis on […]
If Canadian Pacific does not top Canadian National’s $33.6 billion offer for Kansas City Southern in the next five days, a CN-KCS merger would proceed toward the approval process. First, KCS shareholders must approve the deal announced yesterday, which would give them $200 per share in cash, along with 1.129 shares of CN common stock, […]
