UPDATE: CP makes third offer for NS NEWSWIRE

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Canadian Pacific slightly sweetened its bid for Norfolk Southern today, offering NS shareholders what amounts to an insurance policy on the stock price of the combined company while the merger is under regulatory review. “We are increasing our offer to NS shareholders by as much as $3.4 billion through the addition of a contingent value […]

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Railfans document near-miss in Fostoria on Sunday NEWSWIRE

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The two trains remained by the diamond after the incident during the investigation. This view looks east from the Fostoria Railpark. FOSTORIA, Ohio – Railfans watching trains at the popular Fostoria Railpark believe they nearly witnessed a collision between two trains Sunday at the famous diamond crossing between CSX Transportation and Norfolk Southern in northwest […]

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NS introduces latest specialty locomotive NEWSWIRE

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Norfolk Southern’s latest specialty painted locomotive for First Responders, GP38-2 No. 5642. Norfolk Southern ALTOONA, Pa. — Norfolk Southern says it has another special-painted locomotive gracing its rails. This time, GP38-2 No. 5642 is painted as a first responder unit similar to SD60E No. 9-1-1. NS says on its Facebook page that the locomotive will […]

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CP or NS: which has a soul for preservation? NEWSWIRE

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No. 611 on an excursion. Jim Wrinn Canadian Pacific’s offer to purchase Norfolk Southern has the full attention of industry analysts and investors. They’re thinking deeply about the railroads’ “net present values,” network operations, and regulatory filings. But what about the companies’ souls? How do the two companies compare in terms of railway preservation? A […]

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Hunter speaks NEWSWIRE

Canadian Pacific CEO E. Hunter Harrison AP If only Norfolk Southern would agree to talk more — and to Canadian Pacific. If that were to happen, Canadian Pacific CEO Hunter Harrison says he’s confident he could work out a deal to buy NS that would win over shippers and regulators. Harrison made the comments about […]

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Deal or no deal? CP offers to buy NS NEWSWIRE

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Two Canadian Pacific trains, with a variety of locomotives, meet near Oconomowoc, Wis., in November 2014. Brian Schmidt NORFOLK, Va. — Canadian Pacific today officially proposed to purchase Norfolk Southern, saying the combination would create a transcontinental rail system that would both improve service and enhance competition. CP says its proposal, sent in a letter […]

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NS repaints Erie Lackawanna SD45-2 in original colors NEWSWIRE

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Norfolk Southern No. 1700 in Chattanooga, Tenn., on Sept. 30. Norfolk Southern CHATTANOOGA, Tenn. – Norfolk Southern unveiled the latest addition to its heritage fleet on Wednesday with a blast from the past. The railroad recently repainted SD45-2 No. 1700 into its original Erie Lackawanna colors at the railroad’s Chattanooga shops. The locomotive was the […]

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NS to mothball 50 miles of coal lines in West Virginia NEWSWIRE

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On a dreary fall afternoon situated east of Elmore in the hamlet of Garwood, W.Va., depicts Norfolk Southern train U86 struggling to maintain 10 mph as it crawls across a trestle and into Tunnel 9, located beneath the photographer. Evidence of the Virginian electrification is still visible in this section along the old Princeton Deepwater […]

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Triple Crown cutting routes, jobs NEWSWIRE

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A Triple Crown Services RoadRailer trailer in transit. Brian Schmidt NORFOLK, Va. — Expect to see fewer RoadRailer trailers in the coming months as Triple Crown Services cuts back on jobs, trailers, and routes. In a statement early Friday morning, Norfolk Southern says it will restructure its Triple Crown Service subsidiary by laying off as […]

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