Canadian Pacific Railway and Kansas City Southern announced their intention to merge, a move they say will create the first Canada-to-Mexico rail network.
The nation’s railroads have made significant strides implementing Positive Train Control (PTC), a former Federal Railroad Administration (FRA) administrator says.
The modernization program updates aging locomotives with customized solutions that range from simple changes, including control system upgrades, to complex restorations, such as the comprehensive transformation of an aged DC locomotive into an AC locomotive outfitted with state-of-the-art digital technology.
Total rail traffic volume in the United States in 2016 was 26,587,351 carloads and intermodal units, down 5 percent or 1,389,323 carloads and intermodal units from the same point last year.
Canadian Pacific today said it will seek a declaratory order from the U.S. Surface Transportation Board (STB) to confirm the viability of the voting trust structure that CP has suggested as part of its proposed merger with Norfolk Southern Corp.
Canadian Pacific has submitted a letter to the U.S. Department of Justice, asking it to review recent actions and statements made by a number of major U.S. railroads, the railroad said.