STB – Railfanning.org

News Wire

[ September 21, 2021 ] Railroads Across North America Mark Rail Safety Week CSX
[ September 20, 2021 ] Lawmakers Want Independent Investigation into Flooding Blamed on Disabled N.J. Transit Train Commuter Rail
[ September 17, 2021 ] New Jersey and NY Lawmakers Ask Feds for ‘Full and Fair Consideration’ to Hudson River Tunnel Financial Plan Amtrak
[ September 16, 2021 ] MARTA Joins Other Transit Agencies in Requiring Mandatory COVID Testing for Unvaccinated Workers Commuter Rail
[ September 16, 2021 ] Canadian Pacific, Kansas City Southern Enter Into Merger Agreement Canadian National

KCS Terminates Merger Plan With CN

September 15, 2021 Railfanning.org News Wire

Kansas City Southern has terminated its plan to merge with CN.

Kansas City Southern Board: Proposal From Canadian Pacific Railway Could Reasonably Be Expected to Lead to ‘Superior Proposal’

September 5, 2021 Business Wire

KCS intends to provide CP with nonpublic information and to engage in discussions and negotiations with CP with respect to CP’s proposal, subject in each case to the requirements of the CN merger agreement.

STB Rules Against Voting Trust Agreement in Canadian National-Kansas City Merger

September 1, 2021 Railfanning.org News Wire

The Surface Transportation Board rejected the use of a voting trust agreement to advance the proposed Canadian National Railway and Kansas City Southern Railway merger, striking a potential blow to the agreement.

Canadian Pacific Sends Unsolicited Proposal to Acquire Kansas City Southern

August 11, 2021 Railfanning.org News Wire

Canadian Pacific Railway has sent an unsolicited proposal to acquire Kansas City Southern.

DeFazio Opposes Proposed Canadian National-Kansas City Southern Merger

July 26, 2021 Railfanning.org News Wire

U.S. Rep. Peter DeFazio, D-Oregon, sent a letter to the Surface Transportation Board (STB) opposing the approval of a trust for the proposed merger of the Canadian National (CN) and Kansas City Southern (KCS) railroads.

Railroad Industry Worried About Biden Executive Order

July 20, 2021 The Center Square

An executive order signed by President Joe Biden that could force railroads to allow other operators to use their tracks could reduce competition and increase costs, according to industry experts.

CSX Submits Expanded Application to STB as Part of Pan Am Acquisition

July 2, 2021 Railfanning.org News Wire

CSX Corp. will submit an amended and supplemented application to the Surface Transportation Board (STB) as part of the previously announced agreement to acquire New England’s Pan Am Railway’s Inc.

CN, Kansas City Southern File Motion with Surface Transportation Board to Approve Voting Trust

May 28, 2021 Railfanning.org News Wire

CN and Kansas City Southern said they have jointly filed a renewed motion to approve its voting trust with the Surface Transportation Board.

CN Makes Unsolicited Bid to Acquire Kansas City Southern Following CP Deal

April 21, 2021 Railfanning.org News Wire

Canadian National Railway submitted an unsolicited proposal to acquire Kansas City Southern in a cash and stock transaction valued by CN at $325 per KCS share.

CN, Watco Reach Agreement on Sale of Tracks in United States, Canada

March 30, 2021 Railfanning.org News Wire

CN and Watco have reached an agreement to sell approximately 250 miles of “non-core lines and assets” on the Soo subdivision.