Reaction to Biden’s American Jobs Plan Mostly Positive

President Joe Biden has proposed a sweeping, eight-year, $2 trillion investment plan—a follow-on from his American Rescue Plan—that designates tens of billions for rail and public transportation, but also raises some taxes substantially to pay for it.

Rail Traffic Comparisons Remain ‘Inflated’ Due to Pandemic: AAR

While total U.S. rail traffic for the week ending March 27, 2021 was up 16.1%, the rise over the prior-year period is “inflated” due to pandemic-related economy-wide shutdowns, followed by rail volume reductions in 2020, the Association of American Railroads (AAR) reported March 31.

Cowen: CP-KCS Merger Synergies ‘Promising’

The majority of shippers participating in Cowen and Company’s survey on the proposed Canadian Pacific (CP)/Kansas City Southern (KCS) merger have a positive view of the transaction, and merger synergies “look promising,” according to the firm, which released results March 29.

Week 11 Marks One Year of Pandemic-Related Traffic Disruption: AAR

Total U.S. rail traffic came in at 513,325 carloads and intermodal units for the week ending March 20, an “inflated” 11.6% increase over the same period last year when the pandemic caused “widespread economy-wide shutdowns—and [a] subsequent large reduction in rail volumes,” the Association of American Railroads (AAR) reported March 24.

FCA said it expected its new Castaños, Mexico, facility to deliver 1,400-1,600 railcars in 2021.

For FCA, ‘A Transformative Year’

FreightCar America, Inc. (FCA) reported its fourth-quarter 2020 results on March 24, including revenue of $60.6 million, up 35% year-over-year on deliveries of 477 railcars.

Canadian Pacific/Kansas City Southern Merger, with Keith Creel and Pat Ottensmeyer: RAIL GROUP ON AIR

Early on March 21, the big announcement came: Canadian Pacific Railway will acquire Kansas City Southern in a cash and stock transaction worth $29 billion in U.S. dollars. The combined Class I

Canadian Pacific, Kansas City Southern Will Merge into “The First USMCA Railroad,” CPKC (UPDATED)

Canadian Pacific Railway Ltd. (CP) will acquire Kansas City Southern (KCS) in a cash and stock transaction worth US$29 billion, the two Class I railroads announced early March 21. The combined entity will be named Canadian Pacific Kansas City (CPKC).

Will CP Enter the U.S. Northwest?

Imagine waking one day to hear the news that Canadian Pacific Railway, in its quest to expand market reach, has acquired hundreds of miles of Union Pacific trackage in the northwestern United States. Relax. No such deal has been announced—at least not yet.

Nevada State Rail Plan, With Strategic Rail Finance: RAIL GROUP ON AIR

Currently, rail carries 23% of all Nevada freight tonnage. Targeted rail improvements could optimize existing freight networks to improve travel time reliability, reduce vehicle emissions and support Nevada’s economic development., according to

Carload, Intermodal Growth Trend Continues in Week 10: AAR

U.S. carloads and intermodal units saw gains of 2.1% and 22.4%, respectively, for the week ending March 13, the Association of American Railroads (AAR) reported March 17.