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Kansas City Southern Expected to Terminate Canadian Pacific Deal
Kansas City Southern KSU -0.63% is expected to ditch its merger agreement withCanadian Pacific Railway Ltd. CP 2.51% in favor of a...
icarussmith20
May 23, 20213 min read


Britain Reforms Railways, Vows No Return to 'Terrible Sandwiches'
LONDON (Reuters) -Britain will create a new public railway operator called Great British Railways (GBR) in the biggest reform in a...
icarussmith20
May 20, 20212 min read


What Has The Colonial Pipeline Hack Meant For The Transport Sector?
What is the Colonial Pipeline hack? Earlier this month, the operator of the country’s largest fuel pipeline, Colonial Pipeline, fell...
icarussmith20
May 19, 20213 min read


Canadian National beats Canadian Pacific with $33.6 billion Kansas City bid
U.S. railway operator Kansas City Southern (KSU.N) said on Thursday that it had accepted Canadian National Railway Co's (CNR.TO) $33.6...
icarussmith20
May 16, 20212 min read


Plane, train and bus travelers still need to wear masks, even if they’re vaccinated
Fully vaccinated and planning to fly? You still need to wear a mask. The Centers for Disease Control and Prevention on Thursday said...
icarussmith20
May 14, 20213 min read


Fact check: Biden didn't reference building rail line from 'Florida to Tampa'
The claim: Biden said he planned to build a rail line "from Florida to Tampa," Fla. Throughout President Joe Biden's political career,...
icarussmith20
May 9, 20213 min read


Biden's bizarre Amtrak story doesn't add up
President Biden told a heartfelt story last week about an Amtrak conductor congratulating him for riding more than 1.5 million miles –...
icarussmith20
May 6, 20212 min read


Canadian Pacific files objection with U.S. regulator over Canadian National’s bid for Kansas City
Canadian Pacific Railway Ltd (CP.TO) (CP) said on Saturday it filed a formal objection with a U.S. regulator stating Canadian National...
icarussmith20
May 4, 20212 min read


Biden celebrates and prepares to expand Amtrak despite decades of cost overruns and bad service
President Biden headed Friday to Philadelphia to celebrate Amtrak’s 50-year anniversary and push for better funding of rail service that...
icarussmith20
May 4, 20214 min read


Amtrak seeks another $5.4bn from US Congress to address Covid-19 impact
National Railroad Passenger Corporation, also known as Amtrak, has reportedly requested a further $5.4bn for the upcoming budget year...
icarussmith20
May 2, 20212 min read


Biden nominates rail expert to Surface Transportation Board
U.S. President Joe Biden has nominated passenger rail expert Karen Hedlund to serve as a member of the Surface Transportation Board...
icarussmith20
May 2, 20213 min read


CP shareholders say bidding war for Kansas City Southern unnecessary
TORONTO (Reuters) - As Kansas City Southern’s share price rises above Canadian Pacific Railway’s offer on prospects of a bidding war, CP...
icarussmith20
Apr 29, 20212 min read


Shippers push for CP Railway to win bidding war for Kansas City Southern
WINNIPEG, Manitoba, (Reuters) - North America’s freight rail customers, from grain shippers to logistics companies, are pushing for...
icarussmith20
Apr 26, 20213 min read


Canadian National confident of getting regulatory nod for Kansas City Southern bid
(Reuters) -Canadian National Railway Co said on Thursday it had informed Kansas City Southern’s board about its confidence in winning...
icarussmith20
Apr 25, 20211 min read


Amtrak: Siemens Preferred Bidder on ‘Generational Procurement’
Siemens Mobility has been selected as the preferred bidder to replace a large portion of Amtrak’s aging single-level railcar fleet....
icarussmith20
Apr 22, 20211 min read


An airline and a railroad stock have potential as transports report earnings, traders say
Earnings from the transports could offer insight into two different corners of the economic rebound. On the consumer side, reports from...
icarussmith20
Apr 21, 20212 min read


A Canadian railroad seeks to outbid its rival to acquire Kansas City Southern
The railroad barons are at it again. Canadian National Railway on Tuesday offered to buy Kansas City Southern for $33.7 billion, topping...
icarussmith20
Apr 21, 20212 min read


US rail traffic jumps 25% year-over-year but is flat from prior week
Weekly U.S. rail volumes rose nearly 25% last week, although some commodities may be affected by uneven year-over-year comparisons...
icarussmith20
Apr 18, 20212 min read


‘Amtrak Joe’: Will Biden’s infrastructure plan revive railroads?
During the 36 years he served as a senator in Washington, DC, United States President Joe Biden famously commuted 90 minutes each way...
icarussmith20
Apr 17, 20216 min read


The Inside Track: Interview with Dennis Newman, EVP of Planning and Strategy at Amtrak
Long-time railway lover Joe Biden has kickstarted his government’s colossal overhaul of the US economy with a $2 trillion infrastructure...
icarussmith20
Apr 16, 20214 min read
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