CN said it continues to review Union Pacific and Norfolk Southern’s amended merger application submitted to the Surface Transportation Board and will remain actively engaged in this process.
Mesabi Railroad LLC, a noncarrier, has filed a verified notice of exemption to operate a rail line in Itasca County, Minnesota, and associated sidetracks.
Gov. Jim Pillen joined Nebraska business leaders Thursday in throwing more support behind the proposed marriage of Omaha-based Union Pacific and Atlanta-based Norfolk Southern as the railroads filed an amended merger application with federal regulators.
Union Pacific’s famed Big Boy No. 4014, the world’s largest operating steam locomotive, will journey to the East Coast for the first time in collaboration with Norfolk Southern, as part of a historic coast-to-coast tour as both railroads celebrate America’s 250th anniversary. The tour includes a Fourth of July celebration in Philadelphia, major display events in eight cities and more than 50 whistle-stops in 10 states, including stops for the first time in Indiana, Ohio, New York and Pennsylvania. This is the first time Big Boy has steamed across the Mississippi River and into the Ohio Valley since it was
The Gateway Development Commission has awarded a nearly $1.3 billion contract for the section of the Hudson Tunnel Project that will bore the new rail tunnel tubes beneath the Hudson River, a major step in the multi-package effort to expand capacity and improve reliability on the Northeast Corridor.
CN says it’s setting up a new “shelf” filing in Canada and the U.S. that would let it sell debt in either market over the next 37 months, replacing an earlier shelf prospectus and SEC registration statement that were due to expire May 3.
Union Pacific and Norfolk Southern are back at the Surface Transportation Board with an amended merger application, again pitching their tie-up as the deal that will create America’s first “transcontinental” railroad — and insisting the revised filing is even more airtight than the first.
The Ohio Department of Transportation’s Transportation Review Advisory Council has approved $123.1 million for 11 major transportation projects in eight counties over the next four years, including money for rail infrastructure work in Cuyahoga County.
Should Congress decide to consider railroad safety legislation, such as the Railway Safety Act introduced earlier this year, don’t expect the railroad industry to consider the measure as it currently stands.
More than 300 commercial real estate, finance and government professionals turned out to learn about NJ Transit’s upcoming transit-oriented development projects, along with opportunities for leasing and retail.