UP Issues 2020 ESG Report

Union Pacific (UP) has released an annual report on environmental, social and governance (ESG) initiatives, outlining its new strategy, “Building a Sustainable Future 2030.”

CN + KCS Proposal: Stakeholders Speak Out (UPDATED)

Customers and other stakeholders are voicing support as well as concerns to the Surface Transportation Board (STB) about CN’s proposed combination with Kansas City Southern (KCS), according to simultaneous press releases from CN and Canadian Pacific.

CN COO Rob Reilly (left) and President and CEO JJ Ruest

CN Letter: Execs Address KCS Community, ‘Set Record Straight’

The letters continue! CN President and CEO JJ Ruest and COO Rob Reilly issued an open letter to the Kansas City Southern (KCS) community on May 3, regarding the railroad’s “superior proposal”

Amtrak Spells it All Out for Congress

Amtrak has submitted its FY22 General and Legislative Annual Report and Five-Year Plan to Congress and the USDOT. The FY22 Grant Request proposes $3.88 billion for base needs and funding to offset the pandemic’s impacts on Amtrak and its state and commuter partners. In addition, Amtrak has identified $1.55 billion in additional investment necessary to fund what Amtrak calls its “bold reauthorization proposal to improve Northeast Corridor infrastructure and begin advancing new corridor routes across the nation.”

CP to STB: CN + KCS ‘Plainly Flunks End-to-End Test’

Canadian Pacific on April 30 filed a formal objection with the Surface Transportation Board stating that CN “does not qualify for a waiver of the STB’s rules for major transactions, with respect to CN’s unsolicited proposal for Kansas City Southern.”

The legislation would provide $500 million annually, from 2022-2026, to help state, local and Tribal governments plan and construct projects that would “improve safety or reduce congestion.”

Railroads Support Crossing Separation Legislation

U.S. Senators Maria Cantwell (D-Wash.) and Roy Blunt (R-Mo.) have introduced bipartisan legislation to create a grant program for highway-rail grade crossing separation and other track relocation projects.

Hedlund Biden’s Begeman-Replacement STB Pick

President Joe Biden will nominate Democrat Karen J. Hedlund, current Vice President and National Rail Strategy Advisor at WSP USA and former Federal Railroad Administration Deputy Administrator, to replace Republican Ann Begeman on the Surface Transportation Board.

NEARS/Cowen Fireside Chat with Keith Creel: CPKC ‘Least Risky’

As part of the NEARS (Northeast Association of Rail Shippers) virtual conference, Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl hosted Canadian Pacific President and CEO Keith Creel in a “fireside chat” to discuss the proposed merger between CP and Kansas City Southern.

CN’s Bid for Kansas City Southern, with JJ Ruest and Rob Reilly: RAIL GROUP ON AIR PODCAST

One month after Canadian Pacific and Kansas City Southern announced their intent to merge into CPKC (Canadian Pacific Kansas City), CN made a counter-offer it said is a “superior proposal” that “will

FTA’s National Transit Database tracks information about the financial, operating and capital asset condition of U.S. transit systems. The agency not only uses it to apportion grant program funding, but also to produce National Transit Summaries and Trends reports, for example. Pictured is a chart from the 2019 report that shows fares as a proportion of operating expense, by mode.

FTA Modernizing National Transit Database

The Federal Transit Administration (FTA) has selected consultant and digital services provider ICF to automate and update the National Transit Database (NTD), improving data visibility, analysis and tracking.