CHICAGO — Norfolk Southern will require its workers to be vaccinated for COVID-19, and has filed a lawsuit in an effort to block legal action by unions representing employees. Reuters reports the railroad filed the suit in a federal court in Chicago on Thursday, arguing that union objection to the mandate must be addressed through […]
Now that the months-long battle for Kansas City Southern is over and Canadian Pacific has been won, let’s get down to the important part for those of us who cover railroading for a living and those of us who have reverence for great railroad titles: the name of the new company that will carry on […]
Western Pacific Railroad history The Western Pacific Railroad almost “had it all.” It ran passenger and freight trains, in mountain and desert scenery, behind vintage steam engines that survived World War II and hauled excursions, and then colorful diesels, from early green-and-yellow FTs through orange-and-silver Fs and Geeps to dark-green second-generation EMDs and GEs. It […]
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 […]
Kansas City Southern asks regulators to reject Canadian Pacific request for information Kansas City Southern has asked the Surface Transportation Board to reject a request from Canadian Pacific for information it seeks for CP’s efforts to merge with KCS, saying that under the termination of the merger agreement between the two railroads, CP no longer […]
Canadian Pacific’s campaign against Canadian National’s proposed acquisition of Kansas City Southern took a new turn today with a half-page ad in The Washington Post that featured an editorial cartoon-style illustration – complete with caricatures of the three railroads’ chief executives. CP and CN skirmished on social media while KCS was considering their rival bids. […]
Canadian Pacific tells STB CN-KCS deal should not receive waiver from 2001 merger rules Canadian Pacific has asked the Surface Transportation Board to rule the proposed merger of Canadian National and Kansas City Southern does not qualify for a waiver from more stringent merger rules adopted in 2001. The STB has already granted that waiver […]
History of the Northern Pacific Railway In 1864 Abraham Lincoln signed the charter of a railroad to be built from the Great Lakes to Puget Sound — the Northern Pacific Railroad. The Philadelphia banking house of Jay Cooke & Co. undertook to sell the bonds, which were to yield 7.3 percent interest, and sold $30 […]
As Canadian Pacific and Canadian National continue their duel for control of Kansas City Southern, one topic keeps coming up: Why don’t the Canadian railways jointly acquire KCS and split it up? With so much bad blood between CP and CN it’s not a likely scenario, as their war of words has escalated this week. […]
CALGARY, Alberta — Canadian Pacific CEO Keith Creel says there’s no reason to sweeten his railroad’s $29 billion offer for Kansas City Southern because Canadian National’s dueling $33.7 billion bid is so anti-competitive that it would never make it out of the starting gate. Kansas City Southern’s board is considering CN’s unsolicited offer, which was announced […]
Any way you look at it, Canadian Pacific’s proposed acquisition of Kansas City Southern is a blockbuster deal. It creates the first railroad to link the U.S., Mexico, and Canada. It gives shippers from both railroads more single-line service options. And it will boost competition – with other railroads and, more importantly, trucks – in […]
WASHINGTON — Canadian Pacific and Kansas City Southern plan to file their merger application with U.S. regulators on or around June 28 and have proposed a 10-month review of the deal that would create the first railroad to link the U.S., Canada, and Mexico. The railroads told the Surface Transportation Board that their proposed review timetable […]
