All five Surface Transportation Board members on April 14 signed off on CSX’s proposal to acquire Pan Am Systems, Inc., and its short line railroad subsidiaries, effective May 14.
U.S. Department of Justice
The U.S. Department of Justice (DOJ) has submitted comments to the Surface Transportation Board (STB) on reciprocal switching, in advance of STB’s March 15-16 hearing on the subject that has divided freight railroads and many of their major customers.
Better planning and coordination could help Amtrak complete an “aggressive” $1.2 billion plan to bring its remaining stations into Americans with Disabilities Act (ADA) compliance by FY 2027, according to a report from the railroad’s Office of Inspector General (OIG).
Merger applicants Canadian Pacific (CP) and Kansas City Southern (KCS) are refuting the U.S. Department of Justice’s (DOJ) recent filing with the Surface Transportation Board (STB) questioning use of a voting trust and granting KCS an exemption under merger rules established about 20 years ago.
Canadian Pacific (CP) and Kansas City Southern (KCS) submitted a filing to the Surface Transportation Board (STB) asserting what they say is their “right” to have their merger reviewed under a waiver the STB granted to KCS in 2001.