Grain train on the prairie A Canadian Pacific GP9 switches the grain elevator at Headingley, Manitoba, in August 1980. In this time of transition, the cars to be loaded are a mix of cylindrical covered hoppers and boxcars. John Uckley […]
NORFOLK, Va. — Reflecting continued intermodal strength — as well cost savings resulting from the continued implementation of Precision Scheduled Railroading principles — Norfolk Southern showed increases in both volume and earnings during 2021’s first quarter, as well as a new record operating-ratio figure. Quarterly revenue of $2.6 billion represented a 1% increase over the […]
CHICAGO – Canadian National has asked a federal court to set aside a U.S. Surface Transportation Board decision that has stymied CN’s acquisition of CSX Transportation’s Massena Line linking Montreal with Syracuse, N.Y. CN subsidiary Bessemer & Lake Erie filed the suit last week in the U.S. Court of Appeals for the Seventh Circuit. The STB […]
CICERO, Ill. — Wabtec’s FLXdrive battery-electric locomotive No. 3000 made an appearance in the Chicago area on Tuesday, showing up as the trailing unit in a three-unit set of locomotives on an eastbound train of hopper cars. The train arrived at Cicero Yard shortly before noon, and departed a little more than two hours later, […]
Flexi-Van flexibility A driver loads a New York Central Flexi-Van container from a truck bogie onto a flatcar in 1958. No overhead crane was needed, just a flat area next to the track. The NYC had more than 7,000 Flexi-Van containers in service by the mid-1960s. Photo by New York Central […]
WASHINGTON – Federal regulators have indefinitely postponed Canadian National’s proposed sale of former Wisconsin Central branches to short line operator Watco. The Surface Transportation Board ordered Watco to respond to concerns that some shippers, shipper associations, and U.S. Rep Tom Tiffany, R-Wis., have raised about the sale of 650 miles of light density branches, including […]
MONTREAL — Canadian National has ordered 75 locomotives for delivery this year and next in order to handle projected traffic growth. CN, which made the announcement on Monday during its quarterly earnings call, is the only Class I railroad to place a locomotive order this year. The railway’s board approved the order before CN made its […]
MONTREAL — Canadian National has raised its financial outlook for the year amid record first-quarter intermodal and Canadian grain volumes, and expectations for continued economic improvement that will boost merchandise traffic. CN now expects volume to grow in the high single-digit percentage range this year, up from around 5% forecast in January, executives said while […]
MONTREAL — Canadian National could finalize a merger deal with Kansas City Southern in the next 30 to 40 days, executives said today. With the KCS board agreeing over the weekend to consider CN’s unsolicited $33.7 billion merger offer, CN tomorrow will begin poring over confidential KCS data and negotiating a final merger agreement. Rival […]
CALGARY, Alberta — A combined Canadian National and Kansas City Southern system would reduce railroad competition across wide swath of its expanded service territory, which would pose a regulatory challenge to a potential merger, Canadian Pacific CEO Keith Creel says. “The competition between KCS and CN is not limited to a ‘handful’ of shippers as CN […]
WASHINGTON — Two local shipper groups have dropped their challenge to Canadian National’s proposed sale of former Wisconsin Central branches to short line operator Watco. Wisconsin Central Group and the Lake States Shippers Association met with Watco’s leadership team last week in Green Bay, Wis., and have decided to support the transaction involving 650 miles […]
DENVER – The last vestige of north-south passenger trains serving the Mile-High City disappeared 50 years ago when Santa Fe’s ragamuffin round trip to the east-west main line at La Junta, Colo., didn’t transition to Amtrak. But work is well under way to change that. The Southwest Chief and Front Range Passenger Rail Commission is […]
