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Another white paper from Canadian Pacific
Continuing its hostile pursuit of Norfolk Southern, and faced with some stiff political and rail industry opposition in the U.S., Canadian Pacific on Feb. 3, 2016 released a white paper,…
STB to post monthly status reports on S.808 implementation
Chairman Daniel R. Elliott on Feb. 2, 2016 announced that the Surface Transportation Board (STB) will be posting monthly status reports of its implementation of S.808, the STB Reauthorization Act…
Gil Carmichael, 1927 – 2016
Gilbert Ellzey “Gil” Carmichael, former Federal Railroad Administrator, and founder of the Intermodal Transportation Institute at the University of Denver, died Jan. 31, 2016 at Anderson Regional Medical Center in…
For MBTA and Amtrak, FAST Act a fast track to federal court
The Massachusetts Bay Transportation Authority is suing Amtrak in U.S. District Court for the District of Massachusetts after the two companies failed to reach agreement on new, vastly increased access…
Jason Seidl: NS, and the race to maximize shareholder value
Norfolk Southern shareholders “continue to find themselves in the enviable position of having two Class I management teams competing to maximize shareholder value,” says Cowen and Company Managing Director and…
NS: New strategic plan follows a challenging year
Though Norfolk Southern’s fourth-quarter and 2015 financial results aren’t all that different from those of most other Class I railroads, NS has been particularly compelled to develop an aggressive strategic…
CP-NS: Government advocacy is protected speech
News item: Canadian Pacific (CP) is pursuing a hostile takeover of Norfolk Southern (NS). CP is asking the U.S. Justice Department to investigate whether NS and other U.S.-based major railroads—some…
CP cries "antitrust!" to USDOJ
In the latest twist in the ongoing saga of Canadian Pacific’s increasingly hostile pursuit of a steadfast Norfolk Southern as a takeover target, CP is accusing several unnamed Class I…
Will FAST Act bring fast results?
After years of delays and extensions, a multi-year surface transportation bill is finally in place. Will it deliver on the advertised?
UP: We don’t need another merger. CP: Really?
In remarks at the Midwest Association of Rail Shippers annual meeting on Jan. 13, 2015, Lance M. Fritz, President and CEO of Union Pacific, while declining to comment specifically on…
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