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 […]
Read More…
John Feraca started working on his Stone Canyon HO scale layout in 2003. After several expansions, it now fills a 28 x 40-foot space. The freelanced layout depicts the mountain west of the United States, but there are also town scenes and plenty of industries to keep operators busy. John used kits from Walthers Cornerstone, […]
Read More…
Q: Here are several photos of an HO scale wall hanging diorama that I bought at a garage sale. I’m trying to learn more about it. However, I can’t make out the artist’s last name on the back and I can’t find an address or phone number for the company whose name is also stamped […]
Read More…
Canadian Pacific today finds itself in the same uncomfortable – and threatened – position that Norfolk Southern was in 25 years ago. Back in October 1996, CSX Transportation utterly shocked NS when it announced it had a deal to acquire Conrail. The $8.1 billion merger would give CSX access to the New York […]
Read More…
Amtrak selects Siemens to build replacements for Amfleet I cars, other aging equipment Amtrak has selected Siemens to build a fleet of 83 intercity trainsets for use on the Northeast Corridor, Palmetto, and various state-supported services. The selection of Siemens as the “preferred bidder” — which is currently building cars for use on state-supported trains […]
Read More…
WASHINGTON — If Canadian National’s rival bid to acquire Kansas City Southern succeeds, Canadian Pacific would be forced to set off the final wave of railroad consolidation by seeking a merger partner. CP provided this warning in a letter to the U.S. Surface Transportation Board on Wednesday, a day after CN announced that it, too, […]
Read More…
JACKSONVILLE, Fla. — CSX Transportation’s profits and revenue fell during the first quarter as merchandise and coal traffic declines offset strong intermodal growth. But executives remained optimistic about overall traffic growth this year as the economy continues to recover from the pandemic. “We entered the year projecting volume growth in excess of GDP and still expect […]
Read More…
Oakland ballpark plan creates grade crossing issues, memo says The head of the agency operating California’s Capitol Corridor Amtrak service has voiced concerns about grade-crossing issues new a proposed new ballpark for the Oakland Athletics. The Waterfront District Ballpark adjacent to Jack London Square will require stadium visitors to cross a busy Union Pacific line […]
Read More…
Canada’s federal budget includes funds for VIA high-frequency rail, other infrastructure projects Canada’s federal budget unveiled on Monday includes $4.4 million for continued planning work on VIA Rail Canada’s proposed “high frequency rail” project, which would provide a separate, passenger-only route for part of the corridor between Toronto and Quebec City. Global News reports the […]
Read More…
Steam superlative The Rock Island had a fleet of 85 4-8-4s, largest in the United States. Here, No. 5058 leads a westbound freight near Lawrence, Kans., in January 1952. Photo by Robert Olmsted […]
Read More…
CALGARY, Alberta — Canadian Pacific says Canadian National’s competing bid for Kansas City Southern would reduce competition, raise significant regulatory concerns, and upset competitive balance in the North American rail network. CN’s unsolicited $33.7 billion offer, announced Tuesday morning, tops the $29 billion deal CP reached last month to acquire KCS. The KCS board says […]
Read More…
MONTREAL — Canadian National argues that its proposed combination with Kansas City Southern will offer shorter, faster, and more efficient routes than tying together the Canadian Pacific and KCS networks. And that less complicated route structure, CN contends, will enable a CN-KCS system to successfully gain north-south traffic that currently moves by truck between Mexico, the […]
Read More…