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Rail Industry News

Opinion: Savings may get CP-NS deal across the line

(Source: Reuters opinion column by Robert Cryan, November 10, 2015) NEW YORK — Canadian Pacific Railway may yet manage to cross the border. The $22 billion railroad company may try to buy slightly larger Norfolk Southern. If CP can boost its U.S. rival’s operating...

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BNSF CFO sees challenges to CP-NS merger

(Source: Bloomberg, November 10, 2015) NEW YORK — Julie Piggott, the chief financial officer of the railroad at Warren Buffett’s Berkshire Hathaway Inc., said government watchdogs may be reluctant to allow more consolidation of major companies in her industry. Full...

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Crews work to clean up Wisconsin train derailments

(Source: Associated Press, November 9, 2015) NEW YORK — Crews worked Monday to clear freight cars from rail tracks and contain spilled crude oil, ethanol and coal after two trains derailed in Wisconsin over the weekend and another derailed in Iowa on Monday. Full...

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Amtrak adding trains, capacity for holiday season

(Source: Travel Pulse, November 7, 2015) NEW YORK — As people all over the United States prepare to travel for the holiday season, Amtrak is also getting ready by adding extra trains and additional capacity on several routes in the Northeast, the Midwest and on the...

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