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MONTREAL and KANSAS CITY, Mo. — Kansas City Southern has scheduled an online special meeting of its stockholders for Aug. 19 to vote on the proposed merger with Canadian National. Those holding stock as of July 1 will be entitled to vote on the agreement, under which stockholders will receive $200 cash and 1.129 shares […]
WASHINGTON — Responding to comments made to the Surface Transportation Board on their voting trust proposal, Canadian National and Kansas City Southern have made their final case for approval of a voting trust while the CN-KCS merger is being considered by regulators, rebutting at length claims made by rival Canadian Pacific. The Tuesday filing, available […]
KAMLOOPS, British Columbia — VIA Rail Canada’s Canadian, luxury cruise train Rocky Mountaineer, and Amtrak’s Coast Starlight have had their operations disrupted by western wildfires, with trains running over only part of their routes because of fire damage. The wildfire that decimated the town of Lytton, B.C., halted last week’s westbound Canadian about 100 miles […]
Intermodal analyst Larry Gross has gone out on a limb. In his latest “Intermodal in Depth” report, Gross predicts the demise of TOFC, or trailer on flatcar service, within the next four years. In some ways, this shouldn’t be a surprise. Trailers have become a smaller and smaller part of the intermodal world as […]
WASHINGTON — Amtrak has questioned Canadian National’s plan to sell Kansas City Southern’s route between New Orleans and Baton Rouge, La., as part of the planned merger of the two railroads, a plan which would see CN retain the right to operate on the route along with a freight tenant. The Amtrak comment came as […]
WASHINGTON – Canadian National says it now has more than 1,700 letters of support for its proposed merger with Kansas City Southern. But in a flurry of regulatory filings submitted before a deadline on Monday, opposition grew to CN’s plan to put KCS in a voting trust while the merger is under review. Major shipping […]
MONTREAL – Canadian National and Kansas City Southern note that their proposed combination continues to gain support, with letters from customers, suppliers, elected officials, and other stakeholders being filed with the Surface Transportation Board. Nearly 200 additional letters have been sent to CN and KCS and filed with the STB, bringing the total number of […]
MONTREAL — Canadian National has released province-by-province plans for capital investments in its Canadian routes during 2021 as part of its C$3 billion capital plan. The railroad plans to replace more than 340 miles of rail in the eight provinces where it operates, in addition to bridge, culvert, signal, and general track infrastructure work across Canada. […]
Contradicting national leader, three local union groups support CN-KCS voting trust; another union also expresses support Three local committees of the Sheet Metal, Air, Rail and Transportation Union Transportation Division(SMART-TD) representing Canadian National workers have filed letters of support for the CN-Kansas City Southern voting trust proposal, CN says in a press release. The union’s […]
WASHINGTON – The chief executives of Norfolk Southern, Canadian National, and Kansas City Southern have told federal regulators that their railroads are hiring conductors to meet expected traffic demand as volume continues to rise. Surface Transportation Board Chairman Martin J. Oberman, responding to shipper complaints about rail service as traffic has rebounded from the pandemic, […]
After nine months of reduced service, full MARC schedule to resume Aug. 30 MARC commuter trains will resume full operations on Aug. 30, nine months after reducing service in response to the COVID-19 pandemic. The Baltimore Sun reports that Maryland Transit Adminstration officials announced the restoration of MARC and commuter bus service on Monday, while […]
If you believe the storyline, Precision Scheduled Railroading has two chapters. The first is an obsession with costs and efficiency that ultimately results in a railroad that moves its tonnage with far fewer locomotives, freight cars, shops, yards, and people. The second chapter is the so-called Pivot to Growth, in which the lean-and-mean railroad uses […]
