Proposed merger partners CN and Kansas City Southern (KCS) have filed with the Surface Transportation Board (STB) a renewed motion for voting trust approval, which includes a commitment to divest a 70-mile line overlap in Louisiana.
CN and Kansas City Southern (KCS) on May 21 entered into a definitive merger agreement that, barring an unexpected twist, ends weeks of a tug of war between CN and Canadian Pacific.
The Surface Transportation Board (STB) decided May 17 that CN’s proposed merger with Kansas City Southern (KCS) will be reviewed under its current merger rules and CN’s motion to approve a proposed voting trust agreement has been denied as incomplete, “without prejudice to filing a new motion.”
RAILWAY AGE MAY 2021 ISSUE: The mantra of these railroaders: Making a difference. They’re not only helping to shape the industry, but also tomorrow’s leaders.
Canadian Pacific Railway Ltd. (CP) will acquire Kansas City Southern (KCS) in a cash and stock transaction worth US$29 billion, the two Class I railroads announced early March 21. The combined entity will be named Canadian Pacific Kansas City (CPKC).
RAILWAY AGE, FEBRUARY 2021 ISSUE: Railway Age is honoring 20 “Fast Trackers” from a pool of more than 100 strong nominations for this year’s 20 Under 40 awards program.
RAILWAY AGE, DECEMBER 2020 ISSUE COVER STORY: As one of the most difficult years in world history draws to a conclusion that at times felt like it would never come, the North American railway industry—battered and bruised but refusing to go down—looks to a new year with cautious optimism, and most important—hope.
Alan S. Boyd, the nation’s first transportation secretary, has died at 98.
Railway Age’s October 2020 issue is now available digitally. In addition to the annual Railroad Financial Desk Book and breaking news on BNSF’s Katie Farmer breaking the “glass ceiling” to become chief executive in 2021, it offers four feature stories on safety.
RAILWAY AGE, SEPTEMBER 2020 ISSUE: Whether it’s the track structure or the equipment that operates on it, there are many things that the naked eye cannot readily see. Increasingly, machine vision technology is becoming the best way to identify potential flaws before they lead to failures.