Railroad News

Rail unions countersue NS over vaccine policy

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Class I employment levels fell in September

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IANA: Supply-chain disruptions take a toll on intermodal in Q3

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CP, KCS file merger application with STB

Rail News Home Kansas City Southern 11/1/2021 Rail News: Kansas City Southern
image Canadian Pacific and Kansas City Southern have jointly filed a railroad control application with the Surface Transportation Board (STB) regarding their proposed merger, which would create the only single-line railroad linking the United States, Mexico and Canada. The new railroad would be called Canadian Pacific Kansas City (CPKC). The control application provides an overview of the proposed operational integration of the CP and KCS rail networks, the impact of that consolidation on the companies’ finances and labor needs, and the anticipated competitive and other benefits, CP and KCS officials said Oct. 29 in a press release. Information in the filing outlines the public and customer benefits a CP-KCS combination would bring, including more efficient north-south trade arteries to support the interconnected supply chains of the United States, Mexico and Canada, they said. The joint control application reiterates the applicants’ commitment to keep all existing freight rail gateways open on commercially reasonable terms, including the Laredo gateway between the United States and Mexico, they said. It also shows how customers will not lose competitive routings because no new regulatory “bottlenecks” are being created, they said. It also describes how the combined company will compete aggressively to attract traffic to its network via new single-line lanes between Canada, the Upper Midwest and the Gulf Coast, Texas and Mexico. CP has agreed to acquire KCS in a stock and cash transaction for about $31 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The proposal values KCS at $300 per share.
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CP, KCS file merger application with STB

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Pena named MBTA's chief of capital transformation

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SEPTA launches development program for transit-rail corridors

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NRF predicts record-high holiday retail sales

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Rio Grande, WestRock ink industrial rail services pact

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Rail unions seek injunction against NS in train-service crafts dispute

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Amtrak, building trades unions agree to expand workforce pipeline

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CP releases 2020 sustainability report

Rail News Home Canadian Pacific 10/29/2021 Rail News: Canadian Pacific
image The report documents CP's sustainability efforts in 2020. Photo – cpr.ca

Canadian Pacific yesterday published its 2020 corporate sustainability report on progress made in three areas of focus: operating safety, maintaining operational excellence and managing its social impact.

The report includes the following:
• In 2020, CP invested $1.67 billion to further enhance network capacity and improve performance and safety.
• CP continued to invest in emissions reductions. For example, the railroad completed the installation of a 5-megawatt solar energy farm at its Calgary headquarters and announced a hydrogen locomotive program to create North America's first line-haul hydrogen locomotive prototype.
• CP established three diversity councils focused on the topics of racial, gender (including 2SLGBTQ+) and indigenous diversity.

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CP releases 2020 sustainability report

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OmniTRAX promotes senior executives

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In memoriam: Thomas Streicher

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MTA marks new pandemic-era ridership records

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UTA opens new rail station at Salt Lake airport

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WMATA must improve Metrorail's traction power programs, audit finds

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Week 42: Intermodal volume reflects ongoing supply chain issues

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Norfolk Southern's Scoble honored for environmental stewardship

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