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KCS plans to accept CP’s $27 billion bid

(Source: Reuters, September 12, 2021) NEW YORK — Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway Ltd’s $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National...

Revisiting the Heartland Corridor project 11 years later

(Source: American Journal of Transportation, September 13, 2021) WASHINGTON, D.C. — It’s almost exactly 11 years since the “Heartland Corridor” opened for business, providing an intermodal link from the Port of Norfolk, Virginia to, as the name implies, the U.S....