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Daily Headlines
Norfolk Southern’s chilly response to CP offer shows deal faces many hurdles
(Source: CBC News, November 19, 2015) OTTAWA — Canadian Pacific Railway's offer to buy U.S. rival Norfolk Southern is no sure thing, as the deal must meet numerous regulatory hurdles even if the management of both companies agree to go along. Full story: CBC News
Canadian Pacific touts $1.8 billion in savings with NS deal
(Source: Reuters, November 18, 2015) NEW YORK — Canadian Pacific Railway Ltd. said its proposed $28.4 billion acquisition of U.S. railroad operator Norfolk Southern Corp. would help the combined company to save at least $1.8 billion annually. Full story: Reuters
CP defends bid for NS
(Source: Associated Press, November 18, 2015) NORFOLK, Va. — Canadian Pacific offered more details and defended its offer to join two of North America's biggest railroads, but Norfolk Southern offered only a lukewarm response and regulators have expressed significant...
UP employees deliver annual Christmas tree in Omaha
(Source: Nebraska Radio Network, November 16, 2015) OMAHA, Neb. — Union Pacific Railroad employees today continued a long tradition of cutting down and delivering the ceremonial Christmas tree to the Durham Museum in Omaha today. This year’s tree is a 40 year old blue...
What went wrong with Chicago’s Union Station?
(Source: Chicago Mag, November 16, 2015) CHICAGO — The Great Hall in Union Station is famous. And it’s famously empty. All that grandeur, constructed over a decade from some of Daniel Burnham’s final designs, and the vast majority of its travelers end up crammed into...
Judge will rule soon in Long Beach suit against Los Angeles, Port of LA
(Source: Press Telegram, November 17, 2015) LONG BEACH, Calif. — A judge will render a decision in the next few weeks on a lawsuit brought on by the City of Long Beach and other petitioners over a controversial $500 million rail yard project that they say would...
Planning begins to move rail lines out of Winnipeg
(Source: CBC News, November 16, 2015) WINNIPEG — A working group is set to start as early as next month to plan to move rail lines out of the city of Winnipeg. The group, which will include Canadian Pacific Railway and Canadian National officials, will put together a...
Chicago officials doing battle with railroads
(Source: Chicago Tribune, November 17, 2015) CHICAGO — In a seven-page letter this year to U.S. Sen. Richard Durbin, D-Ill., and other members of the Illinois congressional delegation, state Sen. Bill Cunningham, D-Chicago; state Reps. Kelly Burke, D-Evergreen Park,...
Reduced speed rule didn’t apply to ethanol train in Alma derailment
(Source: McClatchy News Service, November 17, 2015) WASHINGTON, D.C. — The train that derailed earlier this month in Wisconsin and spilled 20,000 gallons of ethanol into the Mississippi River didn’t have a sufficient number of cars carrying flammable liquids to meet...
Union Pacific to close Burnham repair shop in Denver; 200 jobs on the line
(Source: Denver Post, November 17, 2015) DENVER — Union Pacific this week notified workers it will shutter its Burnham Shop repair yard in central Denver, putting more than 200 jobs on the line and darkening a piece of Colorado history. Operations at Burnham will halt...
