August 16, 2021 | CN, Headlines, KCS
(Source: Associated Press, August 12, 2021) OMAHA, Neb. — Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week. Kansas City...
August 12, 2021 | CN, Headlines, STB
(Source: Railway Age, August 11, 2021) NEW YORK — CN President and CEO JJ Ruest on Aug. 9 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion at key U.S....
August 11, 2021 | CN, Headlines, STB
(Source: Logistics Management, August 10, 2021) NEW YORK — The pending acquisition of Kansas City Southern (KCS) by Canadian National Railway (CN) was the focus on an announcement made today by the Surface Transportation Board (STB), an independent adjudicatory and...
August 6, 2021 | CN, CSX, Headlines
(Source: Railway Track & Structures, August 5, 2021) NEW YORK — Two notices in the Federal Register today announce that Canadian National and CSX both petitioned the Federal Railroad Administration (FRA) in July for the extension of previous approval that allows...
August 5, 2021 | CN, CP, Headlines
(Source: Alberta Farmer, August 4, 2021) CALGARY — It was a record-breaking year for both of Canada’s two major freight railways. In separate news releases to the public on August 3, both Canadian National Railway (CN Rail) and Canadian Pacific Railway (CP Rail)...
August 5, 2021 | CN, CP, Headlines
(Source: Canadian Press, August 3, 2021) TORONTO — Canada’s two largest railways say they are unlikely to repeat the record grain shipments they posted in 2020 due to unfavorable weather conditions over the summer. Full story: Toronto Star
August 2, 2021 | CN, Headlines, KCS
(Source: The Southern, July 30, 2021) CARBONDALE, Ill. — A pending railroad merger could impact train traffic and Amtrak service in Southern Illinois and elsewhere in the state served by the City of New Orleans, Illini and Saluki lines, leading some – including...
July 27, 2021 | CN, Headlines, STB
(Source: U.S. House of Representatives Transportation & Infrastructure Committee press release, July 26, 2021) WASHINGTON, D.C. — Today, Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR) sent a letter to the Surface...
July 23, 2021 | CN, Headlines, KCS
(Source: BNN Bloomberg, July 21, 2021) NEW YORK — The head of Canadian National Railway Co. is urging investors to be patient as Canada’s largest railway awaits regulatory approval for its US$30-billion acquisition of Kansas City Southern (KCS). Full story: BNN...
July 21, 2021 | CN, Headlines
(Source: CN press release, July 20, 2021) MONTREAL — today reported its financial and operating results for the second quarter ended June 30, 2021, highlighting a 13 per cent increase in revenue ton miles (RTMs) year-over-year and volume growth in virtually every...
