WASHINGTON — The Surface Transportation Board’s Office of Environmental Analysis has extended the public comment period for environmental impact statement of the Canadian Pacific to Jan. 3, 2022. Comments were originally due today (Dec. 17, 2021). The extension reflects requests for additional time to comment, the Office of Environmental Impact said in the notice issued […]
Do railroad mergers live up to the hype? It’s a question that’s been rattling around in my head as federal regulators review the Canadian Pacific-Kansas City Southern merger, the first between Class I railroads in two decades. First, the projections. Within three years of the merger, Canadian Pacific Kansas City expects to gain 80,000 carloads […]
ROSELLE, Ill. — Eight Chicago suburbs are forming a coalition to voice concerns over the potential increase in rail traffic through their communities if the Canadian Pacific-Kansas City Southern merger is approved. The suburban Daily Herald reports Roselle, Elgin, Barlett, Hanover Park, Schaumburg, Itasca, Wood Dale and Bensenville are asking residents to submit comments to […]
KANSAS CITY, Mo. — Kansas City Southern’s sale to Canadian Pacific has officially been completed, allowing the KCS shares to be placed into a voting trust while the deal is reviewed by federal regulators. The $31 billion deal sees KCS stockholders receive 2.884 shares of CP common stock and $90 in case for each share […]
ATLANTA — Norfolk Southern is working to hire conductors to fill its depleted crew ranks in key areas of the system, railroad President Alan Shaw has told federal regulators. “We recognize our current service levels do not meet our customers’ or our expectations. We also understand the critical role we play in supporting our customers’ […]
Product news Model railroad operators and builders can get the latest information about locomotives, freight cars, passenger cars, tools, track, and more by reading Model Railroader’s frequent product updates. Here are the products Model Railroader editors have news on for the week of December 16, 2021. HO scale locomotives Electro-Motive Division SW1500 diesel locomotive. Burlington […]
WASHINGTON — The Surface Transportation Board will hold a virtual public hearing next month on CSX Transportation’s proposed acquisition of New England regional Pan Am Railways. The hearing will begin at 9:30 a.m. on Jan. 13 and will continue on Jan. 14 if necessary, the board said today. The hearing is part of the board’s […]
BANFF, Alberta — The company seeking to build a rail connection between Calgary International Airport and Banff National Park now says the project will cost C$1.5 billion, and is seeking financial contributions from the province of Alberta. But the CBC reports Alberta Premier Jason Kenney says that while he believes the project has merit, the […]
CALGARY, Alberta — Canadian Pacific shareholders today overwhelmingly approved the railway’s proposed merger with Kansas City Southern. KCS shareholders will vote on the $31 billion deal on Friday. Some 99.9% of CP’s investors voted in favor of the issuance of 277 million CP common shares to Kansas City Southern’s common stockholders. CP shareholders also approved […]
ENSIGN, Alberta — No injuries were reported when 39 cars of a Canadian Pacific train derailed early Monday morning near the community of Ensign. Global News reports the accident occurred about 1:35 a.m., according to the railroad. The Vulcan County, Alta., website reported that some cars involved carried residual amounts of anhydrous ammonia or liquid […]
Introduction to Clearing Yard in Chicago Clearing Yard in Chicago often operates at 1.8 mph, slower than the speed at which an average adult walks. Compound that brutally slow pace with the idea that this same portion of railroad connects six of the seven Class I carriers, and you soon get the feeling somebody has […]
ATLANTA – Norfolk Southern today named Alan Shaw as its chief executive officer, effective May 1, when current CEO Jim Squires will retire. Shaw, the railroad’s chief marketing officer, was promoted to president effective today. The NS management team now reports to Shaw, who has been with the railroad for 27 years and has served […]
