CPKC Support Count Nears 550

As Canadian Pacific and CN vie for a merger with Kansas City Southern, the letters of support for both potential transactions continue to pile up at the Surface Transportation Board. On May 10, it was CP’s turn to up its count, as it reported 131 new letters.

STB Action Creates More Equitable Demurrage Approach

Picture a customer who receives a hefty invoice from an auto repair shop with several additional charges and no details regarding the nature of these fees. The customer is left facing the question of whether to dispute the bill, and if so, how. Such has been the experience of U.S. rail shippers in recent decades when receiving invoices from the railroads for demurrage charges, which are applied by railroads for costs incurred when shipments are held up beyond a reasonable time.

High-Speed Debate Continues—in Congress

The long-simmering controversy over high-speed rail (HSR) continued during a May 6 hearing before the House Subcommittee on Railroads, Pipelines and Hazardous Materials. Its theme: “When Unlimited Potential Meets Limited Resources: The Benefits and Challenges of High-Speed Rail and Emerging Rail Technologies.”

The Case for a Traction Power Feasibility Study

In modern railway systems, electricity “is a convenient power source for efficient mass transportation,” according to Alan L. Cinsavich and Priyan De Silva of Helios Electric, a Washington, D.C.-based provider of full-service engineering,

Farmer Among Rail Insights 2021 Headliners

Railway Age’s seventh annual Rail Insights Conference will be a three-hour virtual event on June 17 featuring top industry speakers, including BNSF President and CEO Katie Farmer.

Rick Webb, Executive Chairman, Watco

2021 Railway Age Readers’ Influential Leaders

RAILWAY AGE MAY 2021 ISSUE: The mantra of these railroaders: Making a difference. They’re not only helping to shape the industry, but also tomorrow’s leaders.

The Target Is Actually the Hunter

FINANCIAL EDGE, RAILWAY AGE MAY 2021 ISSUE: The scuffle between CP and CN to acquire Kansas City Southern requires comment. In the 2021 Railroad Financial Desk Book, it was noted that KCS’s

The Rock will operate Gulf & Ship Island Railroad, serving existing business and attracting more to the area with the Harrison County Development Commission, based in Gulfport, Miss.

Back in Business: Mississippi’s Gulf & Ship Island

Mississippi’s Gulf & Ship Island Railroad will resume service along the Seaway lead in the Bernard Bayou industrial park, with The Chicago Rock Island & Pacific Railroad LLC (The Rock) as operator.

Amid Rising Railcar Demand, Who’s ‘Steeling’ the Show?

Railcar demand is on the rise, but so is the price of steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.

CN largely attributes its continued ability to deliver record grain volumes to its long-term investment strategy, which includes adding new high-capacity hoppers. It ordered 1,000 this month and 1,500 in July 2020.

TrinityRail: 1,000 Grain Hoppers for CN

CN reported May 7 it will purchase 1,000 high-capacity hopper cars from TrinityRail, a move that follows 14 consecutive months of record grain hauls as demand continues to grow in Canada and abroad.