Norfolk Southern targets $1.62 billion acquisition
NewsNorfolk Southern wants to purchase a 337 mile link in its network between the Midwest and Southeast that it currently leases, but the deal r...
Rail strike threat heats up in the US
NewsUS railroads are confident a strike can be averted, but the clock is ticking as one of the unions involved will be in a strike position on 5...
US intermodal slips in Q1 2022
NewsTotal intermodal volumes fell 6.6 percent year-over-year in the first quarter of 2022, according to the Intermodal Association of North Amer...
Automated RMGs for Union Pacific
NewsUS railroad is installing five automated RMGs at one of its terminals in Chicago...
Surface Transportation Board rejects CN’s path for acquiring KCS
NewsThe STB has rejected CN’s proposal to use a voting trust to hold the assets of Kansas City Southern pending regulatory clearance....
Union Pacific digging out in Chicago
NewsUP is suspending rail traffic from all US West Coast terminals to one of its key intermodal terminals in Chicago as congestion overwhelms it...
CN shareholder calls its bid for KCS an “ill-advised misadventure”
NewsAfter a setback at the STB, TCI Fund Management says CN continuing its bid for Kansas City Southern would be a risky “C$2 billion bet with...
KCS picks CN’s bid over CP’s offer
NewsKansas City Southern has determined that a revised offer from CN rail is a “superior” offer to its merger agreement with CP Rail....
Canadian railroads battle for Kansas City Southern
NewsCanadian National has started a battle for KCS with an offer that tops CP’s bid by $8.7 billion....
CP Rail to acquire Kansas City Southern
NewsThe Canadian Pacific Railroad (CP) and Kansas City Southern (KCS) railroad have announced “an agreement to combine and create the first ra...
CSX to acquire regional railroad
NewsCSX has announced a deal to acquire New England’s Pan Am Railways, Inc., a move Norfolk Southern plans to fight at the Surface Transportat...