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STB approves CP purchase of KCS, with conditions

(Source: CNBC, March 15, 2023) The Surface Transportation Board of the United States said on Wednesday it had approved Canadian Pacific’s $31 billion acquisition of railroad company Kansas City Southern with a series of environmental and competition conditions. The...

NS reaches paid sick leave deal with IBB

(Source: Freight Waves, March 15, 2023) Norfolk Southern has secured sick leave agreements with two more unions, bringing the total number of unions with such deals with NS up to eight. The latest agreements are with the IAM and BRC. Full story: Freight...