WASHINGTON – Federal regulators have dealt a blow to Canadian National’s proposed acquisition of Kansas City Southern. The Surface Transportation Board today denied CN’s request to place KCS into a voting trust while the merger is under review. The board said CN’s application was incomplete, however, because CN has not yet filed its merger application. And […]
The Northern Pacific Railway is Classic Trains‘ Railroad of the Month for May 2021. Please enjoy this freight train photo gallery sourced from the archives of the David P. Morgan Library at Kalmbach Media. Only from Classic Trains! […]
PITTSBURGH — Wabtec says the next step in its development of a battery-electric locomotive will be a locomotive with a battery capacity of more than 6 megawatt hours, which could reduce the fuel consumption and carbon emissions of a locomotive consist by up to 30%. Such a second-generation locomotive would be offered commercially and could […]
Evacuation continues after UP derailment in Iowa Iowa State Troopers said they planned to allow the fire to burn overnight after a Union Pacific train derailed and caught fire in Sibley, Iowa, on Sunday afternoon. KELO-TV reports an evacuation remains in effect in a 2½-mile radius of the derailment site, with those evacuated sheltering in […]
SIBLEY, Iowa — For the second time in about 24 hours, a Union Pacific train derailment in the Midwest has created a hazmat situation. This time, the derailment has triggered a fire that is leading to an evacuation of part of Sibley, a town of about 2,800 just south of the Iowa-Minnesota border and about […]
WASHINGTON — The U.S. Justice Department is opposed to allowing Canadian National to place Kansas City Southern in a voting trust as part of the process for the proposed merger of the two railroads, saying the deal “raises sufficient competition concerns on first blush” to prohibit the procedure. Canadian Pacific, which has had its earlier […]
Union Pacific, which has long put profitability ahead of volume growth, has turned over a new leaf. UP now says it is focused on gaining traffic – and that it will grow faster than the rate of industrial production over the next three years by diverting freight from highway to rail. UP’s emphasis on […]
If Canadian Pacific does not top Canadian National’s $33.6 billion offer for Kansas City Southern in the next five days, a CN-KCS merger would proceed toward the approval process. First, KCS shareholders must approve the deal announced yesterday, which would give them $200 per share in cash, along with 1.129 shares of CN common stock, […]
$10,000 reward offered in investigation of Amtrak shop fire Amtrak and the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives are offering a $10,000 reward for information that leads to the arrest and successful prosecution of the person or persons responsible for the May 2 fire at Amtrak’s Beech Grove (Ind.) Heavy Maintenance Facility, WXIN-TV […]
El Paso, Colo., county board voices opposition to passenger rail district Officials in Colorado’s El Paso County, which includes Colorado Springs, have indicated their opposition to a proposed Front Range Rail Passenger District, expressing concern that taxes raised by the district could be better used to fix local roads or could be spent elsewhere in […]
Customs and Border Protection to introduce new rail cargo scanners at 12 key border crossings The U.S. Customs and Border Protection agency has announced a $46 million program to install new technology to inspect rail cargo at a dozen sites around the U.S. The new high energy scanners will us linear accelerators to generate X-rays […]
WASHINGTON — U.S. rail freight traffic continues to far outpace 2020 levels, when traffic was depressed by the economic effects of the COVID-19 pandemic, and remains stable by week-to-week measures in 2021. Statistics from the Association of American Railroads for the week ending May 8 show U.S. railroads moved 236,019 carloads, a 27.6% increase over […]
