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Harrison to Durbin, et al: “There appear to be some misconceptions”
As Canadian Pacific continues to pursue a merger with Norfolk Southern, CP CEO Hunter Harrison sent a response to the members of the Illinois Congressional delegation (all Democrats) who sent…
STB adds Rail Heritage Map to interactive online Railroad Map Depot
The Surface Transportation Board (STB) on Dec. 17, 2015 announced the addition of the Rail Heritage Map to its online Railroad Map Depot created and maintained by the STB’s Office…
Top rail execs to provide industry insights at MARS Winter Meeting
Top executives from three Class I railroads will be speaking at the 246th meeting of the Midwest Association of Rail Shippers (MARS) on Jan. 13–14, 2016, which will be held…
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…
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…
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…
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 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…
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