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Carload traffic, intermodal on steady decline
For the week ending Dec. 12, 2015, total U.S. rail traffic was 544, 975 carloads and intermodal units, down 8% compared with the same week in 2014, the Association of…
CP ups the ante; NS responds
Canadian Pacific (CP) on Dec. 16, 2015 announced a “revised, enhanced offer” in its bid to acquire Norfolk Southern (NS). The revised offer consists of, for each NS share, U.S.$32.86,…
Wabtec lands $45 million PTC contracts with Metra, PTG
Wabtec Corporation has signed contracts worth about $45 million to provide equipment and services for a Positive Train Control (PTC) system for the Metra, the Northeast Illinois commuter rail system.…
CP to NS: 4,926 words; 37 footnotes
December 7, 2015: A day that will live in infamy for anyone attempting to follow the volley of legalese and rhetoric being tossed about by Canadian Pacific and Norfolk Southern…
Sen. Durbin to STB: Consider negative impacts of potential CP-NS merger
In response to the proposed merger between Canadian Pacific Railway (CP) and Norfolk Southern Corporation (NS), U.S. Senator Dick Durbin (D-Ill.) on Dec. 14, 2015 sent a letter signed by…
CN helps raise $760,000 for Winnipeg children’s hospital
The Children's Hospital Foundation of Manitoba and Canadian National Railway (CN) announced Dec. 12, 2015 that the CN Miracle Match program has helped raise more than $760,000 for the Children's…
Jason Seidl: “It's either seven or four”
In a Dec. 10, 2015 interview with Bloomberg TV Canada, BNSF Executive Chairman Matt Rose stated that his company has spoken to both eastern Class I railroads about potential merger…
House passes S. 808; next stop: the President
The U.S. House of Representatives on Dec. 10, 2015 passed S. 808, the Surface Transportation Board (STB) Reauthorization Act of 2015, which among other provisions, will increase the number of…
CN donates $5 million to Syrian refugees resettling in Canada
Canadian National Railway (CN) on Dec. 11, 2015, along with John McCallum, Minister of Immigration, Refugees and Citizenship, announced a $5 million donation to assist communities with the resettlement of…
Amsted Rail to produce one million wheels for CN
Canadian National Railway (CN) announced on Dec. 10, 2015 a new long-term contract with Amsted Rail to produce one million wheels for use at its Transcona mechanical facility.
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