March 8, 2022 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 3, 2022) WASHINGTON, D.C. — Shippers say they will support the proposed Canadian Pacific-Kansas City Southern merger so long as regulatory approval of the first Class I combination in two decades includes conditions that would protect...
March 8, 2022 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, February 28, 2022) CHATTANOOGA, Tenn. — BNSF’s fourth-quarter 2021 net profit rose 13% amid an 11% gain in revenues, the western U.S. railroad reported. Total revenues rose 11% in the fourth quarter to $6.3 billion. Net income was $1.7 billion...
March 8, 2022 | CP-KCS Merger, Headlines, STB, UP
(Source: Trains Magazine, March 1, 2022) WASHINGTON, D.C. — Union Pacific has asked federal regulators to ensure that a merger of Canadian Pacific and Kansas City Southern does not undermine competition at the Laredo, Texas, gateway. In a filing with the Surface...
March 8, 2022 | CP-KCS Merger, Headlines, NS, STB
(Source: Trains Magazine, March 2, 2022) WASHINGTON, D.C. — Norfolk Southern sees the Canadian Pacific-Kansas City Southern merger as a threat to its Meridian Speedway intermodal traffic. Full story: Trains Magazine
March 8, 2022 | BNSF, CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 2, 2022) WASHINGTON, D.C. — BNSF Railway has urged federal regulators to take steps to protect cross-border traffic to and from Mexico as part of any approval of the proposed Canadian Pacific-Kansas City Southern merger. Full story:...
