December 17, 2021 | Headlines, Oil Train, STB
(Source: Trains Magazine, December 16, 2021) WASHINGTON, D.C. — In a decision issued December 15, the Surface Transportation Board (STB) granted the exemption sought by the Seven County Infrastructure Coalition to construct the 85-mile line to connect oilfields in...
December 15, 2021 | CP, Headlines, KCS, STB
(Source: Associated Press, December 14, 2021) OMAHA, Neb. — A railroad merger nearly derailed this year by a bidding war is moving forward ahead of a final say from regulators on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad. Full...
December 14, 2021 | Headlines, NS, PSR, STB
(Source: Railway Age, December 13, 2021) NEW YORK — In a Nov. 23 letter submitted to NS Chairman and CEO James A. Squires (who has since transferred his President role to Shaw), STB Chairman Oberman wrote that NS’s recent key operating metrics “are hovering far below...
December 14, 2021 | CP, Headlines, KCS, STB
(Source: Canadian Pacific Railway press release, December 14, 2021) CALGARY — Canadian Pacific Railway Limited (“CP”) today announced the completion of its acquisition of Kansas City Southern (“KCS”). The transaction represents an enterprise value of approximately...
December 13, 2021 | CSX, Headlines, Short Line, STB
(Source: Railway Age, December 10, 2021) NEW YORK — The Surface Transportation Board (STB) on Dec. 10 reported that it will hold a virtual public hearing on the revised CSX-Pan Am merger application, and affirmed that an environmental and historic review of the...
December 1, 2021 | Headlines, STB
(Source: Railway Age, November 30, 2021) NEW YORK — The Surface Transportation Board (STB) has adopted a final rule establishing a new “emergency temporary trackage rights class exemption” that could be invoked during natural disasters, accidents or derailments; the...
November 30, 2021 | Amtrak, CSX, Headlines, STB
(Source: Trains Magazine, November 30, 2021) WASHINGTON, D.C. — Score one small win for Amtrak in its ongoing effort to restore its Gulf Coast service. The Surface Transportation Board on Monday issued a decision honoring Amtrak’s request for an order allowing it...
November 30, 2021 | CP, Headlines, KCS, STB
(Source: Associated Press, November 23, 2021) KANSAS CITY, Mo. — The U.S. Surface Transportation Board decided that Canadian Pacific’s merger application is complete, dismissing concerns from other railroads. The board also laid out a schedule for its review of the...
November 30, 2021 | Headlines, NS, PSR, STB
(Source: Freight Waves, November 26, 2021) CHATTANOOGA, Tenn. — Surface Transportation Board Chairman Marty Oberman wants Norfolk Southern to explain how it intends to improve service amid deteriorating performance metrics and rising complaints. Full story: Freight...
November 18, 2021 | BNSF, CP, Headlines, KCS, STB
(Source: Progressive Railroading, November 17, 2021) BNSF Railway Co. has asked the Surface Transportation Board (STB) to extend its the proposed timeline for making comments on or objections to Canadian Pacific’s application to acquire Kansas City Southern....
