Washington/Los Angeles | Reuters — U.S. President Joe Biden’s administration on Tuesday made contingency plans aiming to ensure deliveries of critical goods in the event of a shutdown of the […] Read more
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Tag Archives norfolk southern
U.S. government makes contingency plans for rail shutdown
Three unions represent about 60,000 rail workers
U.S. rail regulator tackles railroads over customer complaints
Reuters — The top U.S. rail regulator has asked major railroads for information on service levels before meeting disgruntled shippers and other customers over complaints about service delays and higher […] Read more
Activist investor activity reignites rail merger hopes
Reuters — Shares of railway operator CSX Corp. soared 20 per cent on Thursday after an activist investor’s plan to shake up the U.S. rail operator fueled speculation that the […] Read more
CP scraps plans to buy Norfolk Southern
Reuters — Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern, almost six months after it launched its unsolicited US$28 billion bid for the fourth-largest […] Read more
U.S. Justice Dept. urges rejection of CP voting trust
Reuters — The U.S. Justice Department on Friday urged a regulator to reject a voting trust Canadian Pacific Railway (CP) has proposed as part of its takeover bid for U.S. […] Read more
ADM suing CP over 2013-14 rail service disruptions
Chicago | Reuters –– Archer Daniels Midland has filed a lawsuit against Canadian Pacific Railway over service disruptions in 2013 and 2014 at crop-processing plants in North Dakota and Minnesota, […] Read more
CP mulls litigation over opposition to Norfolk Southern deal
Reuters — Canadian Pacific Railway (CP) said Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block […] Read more
CP cuts raise worry over potential slowdown
CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries […] Read more
CP’s Norfolk bid riles U.S. railroads
Chicago | Reuters –– A legal protest by Canadian Pacific Railway (CP) over a meeting among big U.S. railroads about mergers in their industry has highlighted manoeuvring in the sector […] Read more
CP to weigh options after another Norfolk rejection
U.S. railway Norfolk Southern has rejected another new marriage proposal from Canadian Pacific Railway (CP), leaving the Calgary-based rail firm to “review its strategic alternatives.” Norfolk Southern said Wednesday its […] Read more