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Shuster leans toward opposing NS-CP merger

(Source: Altoona Mirror, February 19, 2016) ALTOONA, Pa. — Rep. Bill Shuster, R-9th District, is leaning toward opposing a proposed railroad merger that could affect close to 1,000 Blair County workers, he revealed Thursday after touring Norfolk Southern’s...

Biden touts stimulus in stop at NS intermodal yard near Memphis

(Source: Memphis Daily News, February 17, 2016) MEMPHIS, Tenn. — Vice President Joe Biden came to the Norfolk Southern intermodal yard in Rossville Wednesday, Feb. 17, to tout the seven-year old economic stimulus act and push for continued public investment in roads...

Freight expert touts NS yard in Memphis

(Source: Commercial Appeal, February 17, 2016) MEMPHIS, Tenn. — Vice President Joe Biden’s visit to a Rossville rail yard highlights one of the Memphis logistics industries’ biggest success stories of the past two decades: intermodal freight, a University...

Pa. State House resolution asks Feds to block NS takeover

(Source: The Times, February 16, 2016) HARRISBURG, Pa. — The state House of Representatives recently adopted a resolution co-sponsored by Rep. Rob Matzie that would urge the federal government to prevent the “hostile” takeover of Norfolk Southern. Full story:...

CP seeks ruling from STB on voting trust structure in NS bid

(Source: Reuters, February 16, 2016) NEW YORK — CP said it would seek an order from the U.S. Surface Transportation Board (STB) confirming the viability of a complex deal structure that it intends to use in its proposed takeover of Norfolk Southern Corp. The rarely...

CP creates website to argue for NS merger

(Source: Associated Press, February 11, 2016) OMAHA, Neb. — Canadian Pacific has created a website to showcase all of its arguments for its proposed takeover of Norfolk Southern railroad. Most of what’s on the www.cpconsolidation.com website is from Canadian...

UPS opposes CP takeover of NS

(Source: Dow Jones Business News, February 11, 2016) NEW YORK — United Parcel Service Inc., one of the nation’s largest rail customers, became the latest company to oppose a merger between Canadian Pacific Railway Ltd. and Norfolk Southern Corp. In a letter...