KCS

J.B. Hunt Adds Washington State, Texas Operations

J.B. Hunt Transport Services Inc. (J.B. Hunt) announced on Oct. 3 that it is expanding its transloading footprint with the addition of two new operations in Seattle, Wash., and Laredo, Tex., “for customers’ needs and to provide quick access to outbound rail and highway transport.”

Commentary

Is STB Facing Information Overload?

One might as well ask who threw the overalls in Mrs. Murphy’s chowder as to enquire what more the Surface Transportation Board (STB) might learn from additional public hearings on the question of whether railroads Canadian Pacific and Kansas City Southern should be permitted to merge, and under what conditions.

KCS Introduces ‘Certified Premier Sites’

To “reduce the industrial development timeline for prospective shippers,” Kansas City Southern (KCS) announced on Sept. 7 the introduction of its Certified Premier Sites—larger, shovel-ready sites that are certified and pre-approved for rail service.

The KCS Holiday Express train will return to the rails for the first time since the start of the pandemic.

KCS Holiday Express Train, Fundraiser Return

Kansas City Southern (KSC) announced on Sept. 6 that its Holiday Express train will be returning to the rails for the first time since the start of the pandemic in 2020 and will continue its tradition of charitable giving to The Salvation Army.

Draft EIS Released for CP-KCS Merger Proposal

The Draft Environmental Impact Statement (EIS) analyzing Canadian Pacific Kansas City’s (CPKC) potential impacts on the environment was issued Aug. 5 by the Surface Transportation Board (STB); comments are due by Sept. 26, 2022.

“After a challenging first quarter of the year, I’m proud of the resiliency and discipline the CP team demonstrated to deliver these [second-quarter 2022 financial] results,” said Keith Creel, CP President and CEO, on July 28. Railway Age presented Creel and KCS President and CEO Patrick J. Ottensmeyer the 2022 Railroader of the Year Award.

CP’s Creel: Momentum Building Into 2H22 (UPDATED, Cowen)

“The strong demand environment for North American goods and commodities, coupled with our own unique growth initiatives and the promising upcoming Canadian grain crop, gives me confidence that we will continue to see momentum build into the back half of 2022 and beyond,” Canadian Pacific (CP) President and CEO Keith Creel said during a second-quarter 2022 financial report. After a “challenging” first quarter, he noted the Class I railroad saw a sequential improvement in operating ratio—more than 1,000 basis points despite a fuel headwind—and in operating performance.

STB Sets Public Hearing on CPKC Merger

The Surface Transportation Board (STB) will hold a public hearing this September on the proposed merger of Canadian Pacific (CP) and Kansas City Southern (KSC), which seeks to create North America’s first transnational freight railroad, Canadian Pacific Kansas City (CPKC).

Amtrak to STB: Deny CN’s Responsive Application

Amtrak is calling on the Surface Transportation Board (STB) to deny CN’s conditions to the Canadian Pacific-Kansas City Southern merger because they do “not satisfy the Board’s ‘operationally feasible’ requirement” and “would harm the public interest by adversely affecting the provision of passenger rail service. …”