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Tag Archives surface transportation board


(File photo by Dave Bedard)
Crops

U.S. regulator approves CP’s purchase of Kansas City Southern

Two U.S. grain grower groups warn of reduced rail competition

By David Shepardson March 16, 2023
Washington | Reuters — The Surface Transportation Board of the United States said on Wednesday it had approved Canadian Pacific Railway’s US$31 billion acquisition of railroad company Kansas City Southern, […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

U.S. regulator rejects CN’s voting trust to buy Kansas City Southern

CP rips CN's play as 'illusory and not achievable'

By Abhijith Ganapavaram, Shreyasee Raj August 31, 2021
Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

Kansas City Southern sticks with CN as CP won’t raise bid

CN confident of regulatory approval

By Reuters May 21, 2021
Reuters — Kansas City Southern on Friday reiterated that Canadian National Railway’s offer was “superior” after Canadian Pacific Railway refused to raise its bid, moving a step closer to creating […] Read more

CN locomotives in Winnipeg. (Photo courtesy CN)
Crops

CN shareholder urges changes to Kansas City Southern deal

Fund manager also holds stake in CP

By Reuters May 18, 2021
Reuters — Billionaire hedge fund manager Chris Hohn on Tuesday urged Canadian National Railway to abandon its $33.6 billion bid for Kansas City Southern unless the Canadian railway changed its […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

CN bid for U.S. railway poses greater risk to competition, DOJ says

By Reuters May 14, 2021
Reuters — The U.S. Department of Justice said on Friday that Canadian National Railway’s bid for U.S. railway operator Kansas City Southern appears to pose greater risks to competition than […] Read more


A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops

Kansas City Southern accepts new CN bid over CP’s

CN offers to cover KCS's breakup fee with CP

By Greg Roumeliotis May 13, 2021
Reuters — U.S. railway operator Kansas City Southern said Thursday it had accepted Canadian National Railway’s $33.6 billion acquisition offer, upending a $29 billion deal with its competitor Canadian Pacific […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

CP files objection with U.S. regulator over CN’s Kansas City Southern bid

By Reuters May 3, 2021
Reuters — Canadian Pacific Railway said on Saturday it filed a formal objection with a U.S. regulator, stating Canadian National Railway’s near US$30 billion rival bid for Kansas City Southern […] Read more

A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops, Machinery

U.S. rail regulator tackles railroads over customer complaints

By Nick Carey March 19, 2018
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


(CSX.com)
Crops, Machinery

CSX customers demand end to shipping bottlenecks

By eric-m-johnson October 12, 2017
Reuters — The head of No. 3 U.S. railroad CSX promised on Wednesday to improve service as companies such as Cargill demanded greater accountability and fewer delays, criticizing an overhaul […] Read more

(CSX.com)
Crops, Machinery

CSX tackling service issues, CEO tells rail regulator

By Nick Carey August 29, 2017
Detroit | Reuters — CSX Corp. said it is dealing with service issues even as it forges ahead with a controversial overhaul of its network that has led dozens of […] Read more

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