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CP, Ackman call it quits
On Monday, April 11, 2016, Canadian Pacific Railway Ltd. terminated its efforts to merge with Norfolk Southern Corp.. This includes “withdrawal of a resolution asking NS shareholders to vote in…
DOJ, DOD oppose CP-NS combination
The Surface Transportation Board, in seeking comments addressing Canadian Pacific’s petition for an expedited declaratory order, has received letters from the U.S. Department of Justice and the Department of Defense-United…
Engines of change
State-of-the-art locomotives stand ready to make their mark on what is ideally a power-hungry industry. Problem is, with traffic down, the railroads aren’t so hungry for new power.
Shuster opposes proposed CP-NS merger
Chairman of the U.S. House Transportation and Infrastructure Committee Bill Shuster (R-Pa.) on April 5, 2016 announced his opposition to Canadian Pacific Railway’s proposed merger with Norfolk Southern.
NS awards chemical customers for safe rail-shipping practices
Norfolk Southern on April 5, 2016 awarded 60 chemical customers its 2015 Thoroughbred Chemical Safety Award for safely transporting on its rail lines 224,660 carloads of chemical product that the…
NS CEO highlights past accomplishments, looks ahead in annual report
Norfolk Southern Corporation on March 31, 2016 posted its 2015 Annual Report online, highlighting early accomplishments of a recently announced five-year strategic plan to drive growth, streamline operations, improve network…
CP files definitive proxy statement for NS shareholder resolution
Canadian Pacific on March 29, 2016 filed its definitive proxy statement for its Norfolk Southern Corp. (NS) shareholder resolution asking NS’ Board of Directors to engage in good faith discussions…
NS names new VP Human Resources, Audit Committee Chair; Horn retires
Ann A. Adams has been named Vice President Human Resources at Norfolk Southern Corp., effective April 1, 2016. She succeeds Juan K. Cunningham, who retired earlier this year.
SCPA announces improved Charleston – Charlotte rail service
South Carolina Ports Authority (SCPA) on March 10, 2016 announced a significant enhancement to international intermodal rail service between the Port of Charleston and the Charlotte Regional Intermodal Facility at…
OmniTRAX, ECIDA to develop hub served by CSX and NS
OmniTRAX, Inc., one of the largest privately held transportation services companies in North America and an affiliate of The Broe Group, and the Effingham County Industrial Development Authority (ECIDA) are…
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