March 28, 2023 | CP-KCS Merger, Headlines, STB
(Source: Freight Waves, March 23, 2023) Federal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern on March 15. The decision is effective April 14 and will form a new rail carrier to be called Canadian Pacific Kansas City (CPKC). In...
March 28, 2023 | CN, CP-KCS Merger, Headlines, STB
(Source: Railway Age, March 24, 2023) CN’s request regarding conditional approval of the Canadian Pacific-Kansas City Southern merger on the sale of KCS’s Springfield Line to CN has been denied by the Surface Transportation Board (STB), which on March 23 provided...
March 28, 2023 | Amtrak, Contract Negotiations, Headlines, Unions
(Source: Railway Age, March 24, 2023) Brotherhood of Maintenance of Way Employes (BMWED) and Brotherhood of Railroad Signalmen (BRS) members have reached a tentative agreement, after negotiating as a coalition for 15 months, with Amtrak on a seven-year contract that...
March 28, 2023 | CSX, Headlines, Paid Sick Leave
(Source: Railway Age, March 23, 2023) CSX on March 22 reported reaching an agreement with the International Brotherhood of Electrical Workers (IBEW) for paid sick leave. According to CSX, this is the seventh agreement between the Class I and rail unions in recent...
March 28, 2023 | CP, Derailment, Headlines
(Source: Television station KVLV, March 27, 2023) More than two dozen Canadian Pacific train cars derailed with some spilling hazardous material in Richland County. Canadian Pacific’s preliminary investigation finds a broken rail was the cause of the derailment. Full...
