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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…
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…
Jason Seidl: Hunter Harrison key to CP+NS
“Take Canadian Pacific (CP) CEO Hunter Harrison out of the equation and CP's offer to Norfolk Southern (NS) and its shareholders would have little chance of getting anywhere, in our…
CP sweetens deal as NS calls up reinforcements, says “no” again
Canadian Pacific’s pursuit of Norfolk Southern has taken on the tone of a rough-and-tumble yet well-intentioned star athlete pulling out all the stops to capture the heart of his dream…
Rail shipper survey reveals lack of support for potential CP-NS merger
About 71% of rail shippers surveyed by Cowen and Company do not support a merger between Canadian Pacific (CP) and Norfolk Southern (NS), even though opposition to a Class I…
NS to CP: Proposed merger "a poor combination"
Refuting practically every purported benefit that Canadian Pacific has given, and citing substantial regulatory risks and uncertainties as well as many other negatives, Norfolk Southern on Dec. 4, 2015 loudly…
CP-NS: Voting trust and other conundrums
Levitation takes two forms among railroads—magnetic levitation relating to futuristic high-speed passenger transport, and stock levitation associated with bidding wars for asset control.
CP + NS fully in play
The day after confirming that it had made an offer to Norfolk Southern—and following NS’s tepid response—Canadian Pacific on Nov. 18, 2015 disclosed the contents of the offer letter it…
CP pursuing NS. Game on!
It’s official: Canadian Pacific on Nov. 17, 2015 sent an offer letter to Norfolk Southern proposing a merger (an acquisition, really) “that would create a transcontinental railroad with the scale…
CP-NS transcon a craps table roll
Few obstacles bedevil railroads as has the Mississippi River. Spanning it was the nation’s first rail bridge in 1856—promptly assaulted by steamboat Effie Afton. While the bridge was repaired and…
CP + NS is in play: Reports
Canadian Pacific Railway has held early-stage merger talks with Norfolk Southern and is raising financing for an acquisition, according to Nov. 9, 2015 news reports citing confidential sources at both…
Rail Insights - Conference Agenda
June 7 & 8, 2016 | Allegro Chicago Hotel | Chicago, IL Conference Agenda Tuesday, June 7 8:00 RegistrationContinental Breakfast | Sponsorship Available 9:00 Opening Session:…
Norfolk Southern rolls out the GP33ECO
Norfolk Southern joined local and state officials on Nov. 5, 2015 to dedicate a new fleet of GP33ECO environmentally friendly yard locomotives for Chicago at its 47th Street intermodal facility.
Rail Insights, presented by Railway Age
June 7 & 8, 2016 | Allegro Chicago Hotel | Chicago, IL Explore the Challenges, Issues, and Trends Affecting the North American Rail Market Don't Miss Railway Age's…
NS: No PTC extension? No PIH trains. No passenger trains
Norfolk Southern on Oct. 20, 2015 said, effective Dec. 1, 2015, it will no longer accept shipments of Poisonous-Inhalation-Hazard (PIH) commodities, and that passenger trains operated by Amtrak, Virginia Railway…
Bridges and other important rail structures discussed at AREMA
Tuesday's breakout sessions at the AREMA Conference included a whopping 11 presentations around the ever-import subject matter of structures.
NS’s Butler honored with yard renaming
Norfolk Southern is honoring Executive Vice President Planning and Chief Information Officer Deborah Harris Butler, who is retiring Oct. 1, 2015, by renaming its classification and intermodal yard in Memphis,…
Leadership transition at Norfolk Southern
Continuing a tradition of smooth leadership transitions, Norfolk Southern Executive Chairman Charles W. “Wick” Moorman will be stepping down effective Oct. 1, 2015. President and CEO James A. Squires will…
Congresswoman Graham and staff tour Georgia & Florida Railway
On Sept. 15, 2015, Congresswoman Gwen Graham’s (D-FL-02), District Director Mary Lee Kiracofe and Economic Development Liaison Kent Watson toured the Georgia & Florida Railway (GFRR) in Perry, Fla. The…
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