On May 19, we hosted a call with a noted transportation attorney to discuss the latest news surrounding the proposed merger involving KSU/CP/CNI. The STB decision on May 17 indicates more caution surrounding voting trusts; CNI must show that the trust keeps a level playing field. The key for CNI will be that public benefits outweigh harms.
Canadian Pacific Railway and Maersk will build and operate a transload and distribution facility that will expand CP’s existing Vancouver Intermodal Facility. It is slated to open in 2021. In Montreal, CP has opened a new transload facility.
The North American Rail Shippers Association (NARS) will be discussing critical issues currently facing the freight rail industry and how to achieve an “optimal network” at its annual meeting May 15-17 in San Antonio.
Trackmobile, manufacturer of bi-modal mobile railcar movers, announced the recipients of its 2018 Distributor Awards, which acknowledge distributor leadership and overall excellence within the railcar mover industry.
Railway Age December 2018, Cover Story: BNSF Railway Co. Executive Chairman Matthew K. Rose will retire from the railroad in April of 2019, after 26 years of service. At the end of his tenure, Rose will have been Executive Chairman for six years, and CEO for the prior 13 years. He also served in senior marketing and operations positions at BNSF and predecessor Burlington Northern before assuming the CEO role in December 2000.
One of the world’s biggest rail industry events is offering special discounts to visitors from the United States, Canada and Mexico.