Analysis: High steel demand drives railcar loadings above pre-pandemic levels

Switch engine at steel mill at night

CHARLESTON, W.Va. — Industrial manufacturing is on the rise and the demand for U.S. steel is driving steel prices and railcar loadings above pre-pandemic levels, but don’t expect U.S. steelmakers to open idled operations. According to the Association of American Railroads’ weekly railcar traffic report, shipments of metallic ores and metals were up to 22,369 […]

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Analysis: Canadian Pacific-Kansas City Southern merger has all the right stuff

CP_Heritage_1_Smedley

The proposed merger of Canadian Pacific and Kansas City Southern – the first combination of Class I systems in two decades, and likely the last – should win favor in Washington. After all, their comprehensive merger application checks all of the Surface Transportation Board’s boxes. More rail competition? Canadian Pacific Kansas City has that in […]

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CSX, NS say Gulf Coast passenger service would ‘devastate’ freight operations (updated)

CSX logo

WASHINGTON — CSX Transportation and Norfolk Southern say addition of Amtrak trains along the Gulf Coast would cause a “systematic failure” in their ability to provide freight service, based on traffic modeling, and would “devastate first-mile last-mile service to freight customers in the region,” according to a filing with the Surface Transportation Board. But while […]

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CP, KCS schedule stockholder meetings to vote on merger

Logos for Canadian Pacific and Kansas City Southern

Canadian Pacific and Kansas City Southern have scheduled special stockholder meetings for votes on their proposed merger. Both meetings will be conducted online. CP will go first, on Dec. 8 at 11 a.m. EST, for shareholders to vote on the issuance of CP common shares for KCS stockholders. All shareholders of CP common stock as […]

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Intermodal issues continue for railroads in October

Table showing weekly rail traffic by commodity with intermodal volume

WASHINGTON — Intermodal issues continued to weigh on U.S. rail volume in October, as a 7.9% drop in intermodal traffic led to an overall decline of 2.8%, according to the latest figures from the Association of American Railroads. The overall drop came despite a 3.8% increase in carload volume. “For railroads, the supply chain challenges […]

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On the track: Lionel’s new Legacy GP30 locomotive

Lionel Legacy GP30

We took Lionel’s new legacy GP30 in Chicago & North Western livery out for a spin on our City Transfer & Terminal RR. It runs just as good as it looks! For a full review, check out the December 2021 issue of Classic Toy trains or click here. It also makes an appearance on Bob’s […]

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On the track: Lionel’s new Legacy GP30 locomotive

Lionel Legacy GP30

We took Lionel’s new legacy GP30 in Chicago & North Western livery out for a spin on our City Transfer & Terminal RR. It runs just as good as it looks! For a full review, check out the December 2021 issue of Classic Toy trains or click here. It also makes an appearance on Bob’s […]

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STB allows Minnesota shipper’s complaint against Union Pacific to proceed

Surface Transportation Board logo

WASHINGTON — The Surface Transportation Board will allow a Minnesota company to proceed with its complaint against Union Pacific that alleges service reductions by the railroad violate UP’s common carrier obligation and constitute unreasonable practices. In a decision issued Tuesday, the board granted a request by Sanimax USA to partially revoke commodity exemptions and allow […]

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STB issues proposed schedule for CP-KCS merger proceeding

Surface Transportation Board logo

WASHINGTON — The Surface Transportation Board has laid out a 245-day schedule for submission of evidence and arguments on the merger application for Canadian Pacific and Kansas City Southern under a proposal released Tuesday afternoon — envisioning a longer process than the railroads had hoped for. The 245-day plan would proceed from last Friday, Oct. […]

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CP and KCS project dramatic rise in daily train counts

Map of Canadian Pacific and Kansas City Southern systems with details from merger document

WASHINGTON – Canadian Pacific and Kansas City Southern say their proposed merger will generate significant traffic growth, with daily train counts on the combined system’s north-south spine projected to more than double within three years. The traffic details were among those included in the railways’ 4,342-page, 1-gigabyte merger application filed with U.S. regulators late Friday. […]

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