Powder River Basin

Commentary

We don’t need more mergers

Now that I have your attention, I’ll say it again: The last thing the North American railroad industry needs for the foreseeable future is the long-talked-about “final round of mergers,” resulting in two gargantuan transcontinental Class I carriers that will still have to deal with getting through Chicago.

CP to explore options for DM&E west end

Canadian Pacific on Tuesday announced its intention to explore strategic options for its main line track from Tracy, Minn., west into South Dakota, Nebraska, and Wyoming, and is inviting expressions of interest from prospective partners.

CP scraps PRB buildout, will take 4Q write-down

When Canadian Pacific acquired the Dakota Minnesota & Eastern railroad in 2007, it also acquired the option to build a 260-mile extension of DM&E’s network into Powder River Basin coal mines, a plan on which DM&E had begun work several years earlier.