ATLANTA — Norfolk Southern today named Canadian Pacific Kansas City executive John Orr as its chief operating officer in a bid to thwart an activist investor group led by Ancora Holdings. CEO Alan Shaw said Orr is committed to providing customers with a high level of service as part of the railroad’s resiliency-based growth plan. […]
WASHINGTON — CSX and CPKC’s proposed acquisition of Genesee & Wyoming short line Meridian & Bigbee will have no significant environmental impacts, federal regulators said in a draft environmental assessment released today. The Class I railroads aim to link their systems — and create a new through route connecting the Southeast with Texas and Mexico […]
THUNDER BAY, Ontario — The Canadian government will provide up to C$6.7 million for two projects to increase capacity at the Port of Thunder Bay, according to a Friday announcement. Up to C$3 million will go to a project to redevelop an existing rail yard at the Port’s Keefer Terminal, adding heavyweight track and switches […]
Notes from presentations by Class I railroad officials today (March 13) at the 2024 J.P. Morgan Industrials Conference: Football fever on Union Pacific In January and February, Union Pacific’s unionized railroaders used half of the eight new sick days that have been allotted for the year, CEO Jim Vena says. “On top of that for […]
WASHINGTON — Canadian Pacific Kansas City insists that it did not miss any deadlines when it asked federal regulators to give Canadian National’s proposed acquisition of Iowa Northern Railway a more thorough review. CN this week claimed that CPKC missed two deadlines when it asked the Surface Transportation Board to consider the $230 million deal […]
WASHINGTON — Canadian National says Canadian Pacific Kansas City missed two deadlines when it asked federal regulators to give CN’s proposed acquisition of Iowa Northern Railway a more thorough review. The Surface Transportation Board on Feb. 29 designated the acquisition as a minor transaction. CPKC on March 1 asked the board to consider the $230 […]
WASHINGTON — Canadian Pacific Kansas City and Iowa Interstate on Friday asked federal regulators to designate Canadian National’s proposed acquisition of Iowa Northern as a “significant” transaction that would require a longer and more rigorous review process. Last week the Surface Transportation Board accepted CN’s application to acquire Iowa Northern and said the $230 million […]
ATLANTA — Americold Realty Trust will spend $127 million on a 335,000-square-foot cold storage facility in Kansas City, Mo., the first in a series of planned facilities to be located along the CPKC rail network, the company announced Thursday (Feb. 22). CPKC and Americold announced their collaboration last year, and said then that the first […]
CALGARY — The union representing engineers, conductors and yard workers has “chosen to grossly misrepresent the facts” and “distorted the truth,” Canadian Pacific Kansas City said late Monday in a response to statements by the Teamsters Canada Rail Conference regarding contract negotiations, saying the railroad has “offered two options for renewed contracts that provide benefits […]
MONTREAL — The president of Teamsters Canada claims Canadian National and Canadian Pacific Kansas City are seeking a work stoppage in an effort to eliminate rest provisions for workers, the union said in a press release today (Monday, Feb. 19). The release is the union’s response to separate moves by CN and CPKC on Friday to […]
REVELSTOKE, B.C. — Two crew members were injured when a CPKC train rear-ended a stopped train and derailed Friday night east of Revelstoke, the CBC reports. Meanwhile, the Transportation Safety Board of Canada said it was deploying to the scene of another CPKC collision in Field, B.C., that occurred on Saturday. The incident occurred about […]
Canadian National Railway and Canadian Pacific Kansas City have both filed Notices of Dispute with Canada’s Federal Mediation and Conciliation Service, the railroads announced today (Friday, Feb. 16) in separate press releases. The filings request appointment of a Federal Conciliation Officer to assist in reaching agreements with the Teamsters Canada Rail Conference. CN, in its […]
