CHEYENNE, Wyo. — Union Pacific’s Big Boy will return to California this spring in the first leg of its planned coast-to-coast trip for America’s 250th anniversary, the railroad has announced. The first segment of the trip will be a round trip from Cheyenne, Wyo., beginning March 29 and concluding April 24, with two major public […]
WASHINGTON — The Union Pacific-Norfolk Southern merger application omits $2.69 billion in additional costs that intermodal marketers will incur if the railroads’ deal diverts the promised 2 million loads off the highway, according to an analysis submitted to federal regulators. The railroads’ traffic diversion projection is a key part of their case that the merger […]
The headliner of the spring 2023 Atlas catalog was the SD70MAC, a classic six-axle diesel electric locomotive. The SD70MAC was produced by General Motor’s Electro-Motive Division (EMD) in the 1990s. The SD70MAC was part of the transition from DC to AC traction motors. These AC powered locomotives would prove to be more efficient while in […]
WASHINGTON — Other railroads were not the only parties welcoming the Surface Transportation Board’s decision to reject the initial application for the Union Pacific-Norfolk Southern merger. Shipper groups also voiced their approval. The board, citing three areas in which it said the almost 7,000-page application was incomplete, rejected the UP-NS application on Friday, Jan. 16 […]
WASHINGTON — The Surface Transportation Board today issued a setback to Union Pacific’s effort to acquire Norfolk Southern, rejecting the railroads’ merger application as incomplete — although that move offers little clue to the eventual prospects for the first transcontinental merger. The decision will slow the merger process, requiring the two railroads to rework three […]
LOWELL, Ark. — J.B. Hunt executives are disappointed that the Union Pacific-Norfolk Southern merger application did not include more details about the railroads’ intermodal plans. “We continue to digest the application and had expected more intermodal-specific questions to be addressed in the merger application than there were,” Darren Field, president of J.B. Hunt Intermodal, said […]
SCHAUMBURG, Ill. — Union Pacific CEO Jim Vena had the crowd laughing Thursday (Jan. 15) throughout his talk to the Midwest Association of Rail Shippers, to the point that analyst Anthony B. Hatch, the event’s final speaker, said that he appreciated getting the chance “to do a set at the Vena Comedy Club.” One example […]
SCHAUMBURG, Ill. — You could say that Jim Vena’s latest salvo in the war of words over the proposed Union Pacific-Norfolk Southern merger was downright Shakespearean. Which is to say that the Union Pacific CEO thinks the other Class I railroads doth protest too much. “If your competitor was doing something stupid, what would you […]
Railroads proposing mergers inevitably make ambitious promises and projections, particularly about faster service and more competition. Not all of them become reality, despite the best intentions of railroaders who work at a feverish pace to develop the operating plans submitted to federal regulators. A case in point: CSX, as part of its 1999 acquisition of […]
SCHAUMBURG, Ill. — BNSF Railway CEO Katie Farmer still doesn’t see further rail industry consolidation as inevitable if a Union Pacific-Norfolk Southern merger is approved. Just the fact that the topic keeps being discussed could be taken as an argument against the merger, Farmer said in a conversation with Trains prior to her appearance today […]
SCHAUMBURG, Ill. — The CEOs of Canadian Pacific Kansas City and BNSF Railway took aim at the proposed Union Pacific-Norfolk Southern merger during the first day of the Midwest Association of Rail Shippers winter meeting — and urged the rail customers in attendance to voice any concerns they may have to federal regulators. CPKC CEO […]
GAVIOTA, Calif. — Train service has resumed on Union Pacific’s Coast Line north of Santa Barbara following a week-long closure because of a washout. Southbound Pacific Surfliner No. 774 left San Luis Obispo as scheduled at 6:11 a.m. local time today (Jan. 13), the first of two daily Surfliner round trips between San Luis Obispo and […]
