September 20, 2021 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, September 2, 2021) CHICAGO — Railroad retirement benefits are based on months of service and earnings credits. Earnings are creditable, up to certain annual maximums, on the amount of compensation subject to railroad...
September 17, 2021 | CN, CP, Headlines, KCS, STB
(Source: BNN Bloomberg, September 16, 2021) CALGARY — Canadian Pacific Railway Ltd.’s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday. “That’s what best case looks like, and that’s what...
September 17, 2021 | CN, CP, Headlines, KCS, STB
(Source: Regina Leader-Post, September 16, 2021) REGINA, Saskatchewan — Canadian Pacific Railway Ltd.’s chief executive Keith Creel is barreling ahead with his newly won bid for a U.S. railway, with his sights set on closing the deal by the end of next year — if the...
September 17, 2021 | CN, CP, Headlines, KCS, STB
(Source: Railway Age, September 15, 2021) NEW YORK — On Sept. 15, sooner than expected, Kansas City Southern’s Board of Directors unanimously determined that the acquisition proposal KCS received from Canadian Pacific on Sept. 12, 2021 continues to constitute a...
September 17, 2021 | AAR Freight Trends, Headlines
(Source: Association of American Railroads press release, September 15, 2021) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 11, 2021. For this week, total U.S. weekly rail traffic was...
