February 19, 2016 | CP, Headlines, NS
(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...
February 19, 2016 | Headlines, NS
(Source: Memphis Daily News, February 18, 2016) MEMPHIS, Tenn. — For 36 years Vice President Joe Biden was an Amtrak train commuter, traveling an estimated 2 million miles in his daily trips to Washington D.C. as a U.S. senator from Delaware. Full story: Memphis Daily...
February 18, 2016 | Headlines, NS
(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...
February 17, 2016 | Headlines, NS
(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...
February 17, 2016 | CP, Headlines, NS
(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:...
February 17, 2016 | CP, Headlines, NS
(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...
February 12, 2016 | Headlines, NS
(Source: Commercial Appeal, February 11, 2016) WASHINGTON, D.C. — Vice President Joe Biden will travel to Memphis next Wednesday to highlight work on Norfolk Southern’s Crescent Corridor freight rail project. Full story: Commercial Appeal
February 12, 2016 | CP, Headlines, NS
(Source: The Economist, February 13, 2016) NEW YORK — How can the rail industry continue to satisfy both investors and society if demand and profits are lower and the need for capital spending remains high? Perhaps by turning the big six railways into four, or even...
February 12, 2016 | CP, Headlines, NS
(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...
February 12, 2016 | CP, Headlines, 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...