CN Matches CP, Letter for Letter
Letters, Kansas City Southern gets letters. CN President and CEO JJ Ruest has responded to Canadian Pacific President and CEO Keith Creel’s April 21 letter to KCS President and CEO Pat Ottensmeyer
STB
CP to STB: ‘Promptly Confirm’ Our Transaction
Canadian Pacific (CP) outlined why its combination with Kansas City Southern (KSC) is the only one “involving KCS that is in the public interest,” in an April 21 letter filed with the Surface Transportation Board (STB).
For ‘CPKC’ Proposal, Widespread Support (Updated)
Canadian Pacific (CP) and Kansas City Southern (KCS) have announced that more than 405 customers and stakeholders are backing their planned combination, “CPKC.”
STB Forms Passenger Rail Working Group
The Surface Transportation Board (STB) has established an in-house Passenger Rail Working Group to ensure it can meet its PRIIA obligation to assess Amtrak on-time performance data, which the Federal Railroad Administration (FRA) will begin reporting later this year.
SMART-TD on CPKC: Waiver OK, Keep Our Protections
SMART Transportation Division (SMART-TD) President Jeremy R. Ferguson has sent a letter to Canadian Pacific (CP) President and CEO Keith Creel stating that the union he runs generally supports what CP and Kansas City Southern (KCS) are seeking from the Surface Transportation Board for their merger.
CP, KCS Counter DOJ ‘Concerns’
Merger applicants Canadian Pacific (CP) and Kansas City Southern (KCS) are refuting the U.S. Department of Justice’s (DOJ) recent filing with the Surface Transportation Board (STB) questioning use of a voting trust and granting KCS an exemption under merger rules established about 20 years ago.
Commentary
CPKC: Tri-National Considerations
After a thorough review of my mergers and acquisitions career work, I have reached the conclusion that the Canadian Pacific-Kansas City Southern (“CPKC”) combination has several less-than-optimal locations where overall system performance affecting three nations—the U.S., Mexico and Canada—could be addressed and improved during Surface Transportation Board review.
CP, KCS Advocate for Waiver ‘Right’
Canadian Pacific (CP) and Kansas City Southern (KCS) submitted a filing to the Surface Transportation Board (STB) asserting what they say is their “right” to have their merger reviewed under a waiver the STB granted to KCS in 2001.
Gulf Coast Service? Not So Fast, Say CSX, NS
“Unripe.” That is what CSX and Norfolk Southern (NS) have called Amtrak’s application with the Surface Transportation Board (STB) asking for an order requiring the freight railroads to permit access for twice daily round-trip passenger service between New Orleans and Mobile, starting on or about Jan. 1, 2022.
STB Adopts Final Rule Establishing Class I Demurrage Invoice Minimum Information Requirements (Updated)
The Surface Transportation Board has adopted a final rule in Demurrage Billing Requirements, Docket No. EP 759 establishing certain minimum information requirements for demurrage bills from Class I railroads, including among other things, billing cycle, shipment, car placement, and credit and debit information.