CHICAGO — In a preview of operations planned if their merger is approved, Canadian Pacific and Kansas City Southern have launched interline intermodal service between Mexico’s port of Lázaro Cárdenas and Chicago. The first train arrived at CP’s Bensenville Yard in Illinois on Tuesday. CP said in a press release the service was launched “out […]
PARIS — International private equity firm Antin Infrastructure Partners has made what it calls “a strategic investment” in Michigan regional railroad Lake State Railway, the companies announced Tuesday. Lake State, founded in 1992, operates 375 route-miles in Michigan’s Lower Peninsula, primarily stretching from Plymouth in the south of the state to Gaylord and Alpena in […]
PITTSBURGH — Wabtec Corp.’s philanthropic arm, the Wabtec Foundation, is donating $100,000 to Ukrainian refugee relief, the company announced Tuesday. The donation will be split between the International Rescue Committee, which works in more than 40 countries and 20 U.S. cities to help those devastated by conflict and disaster, and World Central Kitchen, which is […]
WASHINGTON — A combination of Precision Scheduled Railroading and pressure from Wall Street has prompted railroads to slash costs and raise rates while providing less reliable service, rail shippers and labor told Congress on Tuesday. The House Transportation & Infrastructure subcommittee hearing was focused on the reauthorization of the Surface Transportation Board and how the […]
Bash Canadian Pacific Kansas City Day – otherwise known as Feb. 28, the deadline for comments on the CP-Kansas City Southern merger – has come and gone. What have we learned from the flurry of regulatory filings from other railroads, shippers, and lineside communities? The Class I railroads behaved like you’d expect: Following a tradition […]
WASHINGTON — At an event with Vice President Kamala Harris, the U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced that it will award $2.2 billion to 35 recipients in 18 states through President Biden’s American Rescue Plan. The funds will help public transportation agencies pay for day-to-day operations as they continue to provide […]
FORT WORTH – Analysts and industry observers suspected that BNSF Railway had to pay a pretty penny to buy out Montana Rail Link’s long-term lease on the former Northern Pacific main line. It turns out they were right. BNSF’s financial report suggests the railroad paid MRL around $2 billion to tear up the lease well […]
WASHINGTON — BNSF Railway has urged federal regulators to take steps to protect cross-border traffic to and from Mexico as part of any approval of the proposed Canadian Pacific-Kansas City Southern merger. But BNSF dropped its plan to pursue trackage rights over KCS to the Laredo, Texas, gateway in its Monday regulatory filing, which was […]
WASHINGTON — Norfolk Southern sees the Canadian Pacific-Kansas City Southern merger as a threat to its Meridian Speedway intermodal traffic. NS announced its intention to protect its Meridian Speedway traffic in a pair of Monday regulatory filings posted to the Surface Transportation Board website on Tuesday. NS may exercise its option to purchase the KCS-served […]
WASHINGTON — The Surface Transportation Board has announced its upcoming hearing on proposed reciprocal switching regulations will be held online, via Zoom, and will be available for public viewing on YouTube. The hearing is set to be held March 15-16, with proceedings beginning at 9:30 a.m. EST each day. It will be shown on the […]
WASHINGTON — Two unions involved in the negotiations for a new national rail labor contract have asked to be released from mediation with the coalition representing railroads, instead requesting to move to arbitration. In a letter dated Feb. 23, the Brotherhood of Maintenance of Way Employes Division of the Teamsters Rail Conference, and the […]
HOUGHTON, Mich. — Applications are now being accepted for the Tracks to the Future Summer Program, which offers high school students a chance to learn about rail transportation and engineering, and why it could be an inviting career choice. Michigan Tech University, Penn State-Altoona, and the University of Illinois at Urbana-Champaign are combining for the […]
