WASHINGTON — U.S. Sen. Elizabeth Warren (D-Mass.), in a letter to Surface Transportation Board Chairman Martin J. Oberman, has asked that the STB deny the merger of Canadian Pacific and Kansas City Southern, saying the merger “would reduce competition in an already highly consolidated market and could cost increased shipping costs.” Warren, in the letter […]
WASHINGTON — The Surface Transportation Board on Saturday approved the appointment of Ronald L. Batory as trustee of the CP-Kansas City Southern Voting Trust, succeeding the late David Starling. All five members of the board approved the appointment, although board member Robert Primus did so with a concurrence that maintained his objection to the standard […]
WASHINGTON – Canadian Pacific has asked federal regulators to approve the appointment of former Federal Railroad Administration administrator and longtime railroad executive Ron Batory as trustee of the CP-Kansas City Southern voting trust. The move comes after former KCS CEO Dave Starling, who had been serving as trustee, died last month. “Mr. Batory is eminently […]
WASHINGTON — Still bidding to stop or delay the merger of Canadian Pacific and Kansas City Southern — and hinting at legal action if that effort fails — a group of Chicago suburbs has made a new filing to the Surface Transportation Board calling for a reconsideration of the Final Environmental Impact Statement, as it […]
WASHINGTON – The Federal Railroad Administration today encouraged railroads to improve the way they collect and use data from wayside hotbox detectors in order to prevent catastrophic derailments like the Feb. 3 Norfolk Southern hazardous materials wreck in East Palestine, Ohio. “Preliminary investigation of recent train derailments indicates the cause of, or contributing factor to, […]
Former Kansas City Southern CEO David Starling, who returned to the railway as its independent trustee as part of its proposed merger with Canadian Pacific, died on Feb. 24. Starling was 73. “On behalf of the entire Kansas City Southern family, we feel shock and profound sadness for the sudden loss of our former leader […]
WASHINGTON — In their latest bid to delay the Canadian Pacific-Kansas City Southern merger, four members of the Illinois congressional delegation have cited the East Palestine, Ohio, derailment as a reason the Surface Transportation Board should subject the merger to further review. In a letter to STB Chairman Martin J. Oberman dated Thursday, Feb. 23, […]
Class I railroads Class I railroads: If you’re in your car watching a long 100-car freight train roll over a grade crossing, chances are good that the train belongs to one of the Class I systems. The Class Is operate 70% of the total track miles in the U.S., employ 73% of the labor force, […]
WASHINGTON — Four federal legislators from Illinois have repeated a call for the Surface Transportation Board to delay a decision on the Canadian Pacific-Kansas City Southern merger until the STB undertakes a separate assessment of the merger’s impact on the Chicago area. That decision could come as soon as the end of this month. The […]
WASHINGTON — As part of their merger, Canadian Pacific and Kansas City Southern will work with a group of Chicago-area communities on voluntary measures to address traffic concerns in those communities, the railroads say in the final Environmental Impact Statement released today (Friday, Jan. 27) by the Surface Transportation Board’s Office of Environmental Analysis. The […]
WASHINGTON — The Canadian Pacific-Kansas City Southern merger would cause few adverse environmental impacts aside from increased train noise in some locations, the Surface Transportation Board said in its final environmental impact statement today. The three-volume environmental impact statement, or EIS, incorporates comments the STB received at public hearings along CP and KCS routes in […]
WASHINGTON — No one from the Justice Department bothered to testify at the Surface Transportation Board’s September hearing on the proposed merger of Canadian Pacific and Kansas City Southern. But that absence doesn’t mean the Justice Department doesn’t have concerns about the first merger of Class I railroads in two decades. In a letter to […]
