Norfolk & Western K2 4-8-2 117, just in from Lynchburg with the Tennessean, is prepared for its next assignment in the lubritorium service building at Shaffers Crossing terminal outside Roanoke, Va., in 1954. A. Akin Jr. […]
WASHINGTON — A major shipper group plans to challenge the waiver that would permit Canadian Pacific’s proposed acquisition of Kansas City Southern to be reviewed under the Surface Transportation Board’s old, less restrictive merger rules. The National Industrial Transportation League said today that the CP-KCS deal would ultimately harm rail competition. “Based on the significant loss […]
SACRAMENTO, Calif. — Anticipating rail travel demand comes with dual challenges: incur costs running trains with initial low patronage, or risk not providing enough options to build revenue and transportation relevance. Amtrak will begin restoring daily departures for its long-distance trains in late May, after receiving directives and $1.7 billion from Congress [see “As Amtrak […]
Western Maryland Scenic says No. 1309 is being prepared for FRA inspection Western Maryland Scenic Railroad officials say C&O 2-6-6-2 No. 1309 is “100% operational” and believe the locomotive will be operating this summer, although it awaits a few parts and must address “a few leaks” before receiving its Federal Railroad Administration inspection. The Cumberland […]
WASHINGTON — Canadian Pacific and Kansas City Southern plan to file their merger application with U.S. regulators on or around June 28 and have proposed a 10-month review of the deal that would create the first railroad to link the U.S., Canada, and Mexico. The railroads told the Surface Transportation Board that their proposed review timetable […]
Workers at the New Orleans Union Passenger Terminal enginehouse prepare Louisville & Nashville FP7 651 and a GP7 to go out on the Piedmont Limited/Gulf Wind in 1954. James G. La Vake […]
WASHINGTON — Amtrak’s 826-page petition to the Surface Transportation Board, filed last week, is the latest salvo in efforts to establish passenger trains on routes of railroads not currently hosting service. The STB’s eventual decision could have a significant impact on what investment is required for service expansion. The filing argues Amtrak has made good […]
The Canadian Pacific acquisition of Kansas City Southern should help the railroads develop new business — including diverting truck traffic to rail — but the $29 billion deal announced on Sunday could face regulatory hurdles and opposition from shippers and other Class I systems. CP and KCS executives touted the potential for traffic growth that would […]
CALGARY, Alberta — Canadian Pacific and Kansas City Southern executives say combining their railroads into the first system linking Canada, the U.S., and Mexico will generate significant traffic growth across all commodities. “What a historic day,” CP CEO Keith Creel said during a Sunday afternoon investor webcast where executives touted the $29 billion deal to create […]
CALGARY, Alberta — Canadian Pacific’s proposed acquisition of Kansas City Southern will unite the two smallest Class I railroads and create the only North American system that will operate in the U.S., Canada, and Mexico. The combination of the 12,500-mile CP and 6,700-mile KCS, announced today, is a classic end-to-end merger: The railways currently interchange in […]
CALGARY — Canadian Pacific will buy Kansas City Southern in a cash and stock transaction worth approximately $29 billion, CP has confirmed. Financial Times first reported the story Saturday night. In an announcement posted Sunday morning, CP said the deal has the approval of both boards of directors, and confirms the previously reported price valuing […]
BONSAL, N.C. — The North Carolina Railway Museum is seeking funds to rescue 10 railcars from a disconnected siding at a nuclear power plant near New Hill, N.C., for eventual use on the museum’s New Hope Valley Railway. Nearly $100,000 must be raised to save the cars, which include two cabooses being donated by Duke […]
