March 25, 2022 | Canada, CN, CP, Headlines, Oil Train
(Source: S&P Global Platts, March 24, 2022) HOUSTON — Energy executives and analysts acknowledge there now exists ample pipeline and rail capacity to move additional barrels from Alberta into US refining hubs, even without the infamous Keystone XL Pipeline. Full...
March 22, 2022 | Accident, CN, Headlines
(Source: Trains Magazine, March 22, 2022) GATINEAU, Quebec — A “near-urgent” track defect was detected but not repaired several days prior to the June 2021 derailment of a Canadian National train at a remote location on the railroad’s Chetwynd Subdivision in British...
March 21, 2022 | CN, Headlines
(Source: Real Agriculture, March 17, 2022) MONTREAL — Drought, offshore import shortages, and labor disruptions are among several factors CN Rail is juggling as the railway continues to work in overdrive to ensure products and commodities get to where they need to be....
March 8, 2022 | BNSF, CN, CP, CSX, Headlines, KCS, NS, PSR, STB, UP
(Source: NBC News, March 7, 2022) WASHINGTON, D.C. — Accountable.US, a nonprofit group that examines corporations and special interests, said the seven major railways, which dominate an industry that carries about 40 percent of U.S. freight, collected a record $1.18...
March 8, 2022 | CN, CP-KCS Merger, Headlines
(Source: Railway Age, March 1, 2022) NEW YORK — CN has officially asked the Surface Transportation Board (STB) “to condition any approval of a Canadian Pacific-Kansas City Southern merger on the divestiture of the KCS line from Kansas City, Missouri to Springfield and...
March 7, 2022 | BNSF, CN, CP-KCS Merger, CSX, Headlines, NS, STB, UP
(Source: Progressive Railroading, March 3, 2022) BNSF Railway Co., CN, CSX, Norfolk Southern Railway and Union Pacific Railroad on Monday filed their “comments and request for conditions” with the Surface Transportation Board (STB) on the proposed merger...
February 9, 2022 | CN, CP-KCS Merger, Headlines
(Source: Trains Magazine, February 8, 2022) WASHINGTON, D.C. — Canadian National is making a bold claim: It will take more trucks off the highway than what’s projected for the entire Canadian Pacific-Kansas City Southern merger if regulators force divestiture of the...
February 8, 2022 | CN, CP-KCS Merger, Headlines, STB
(Source: Progressive Railroading, February 7, 2022) The back-and-forth between CN and Canadian Pacific over the latter’s application for approval of its acquisition of Kansas City Southern is continuing, according to documents filed in recent days with the Surface...
February 7, 2022 | Accident, Canada, CN, Headlines
(Source: Transportation Safety Board of Canada press release, February 1, 2022) DARTMOUTH, Nova Scotia — Today, the Transportation Safety Board of Canada (TSB) released its investigation report (R21M0002) into a derailment near Edmundston, New Brunswick, drawing...
January 27, 2022 | CN, CP, CP-KCS Merger, Headlines, KCS
(Source: Reuters, January 26, 2022) NEW YORK — There are two ways to win an activist battle: dominate or compromise. In the case of hedge fund TCI Management’s campaign against Canadian National Railway, the resolution announced on Tuesday smacked of the latter. But...