Insights and Stories on Surface Transportation Board

U.S. rail regulator tackles railroads over customer complaints

Mar. 19, 2018 at 9:32 pm CDT

Reuters — The top U.S. rail regulator has asked major railroads for information on service levels before meeting disgruntled shippers and other customers over complaints about service delays and higher costs. In letters to the CEOs of the railroads, dated Friday and posted Monday on the U.S. Surface Transportation Board’s […]

CSX customers demand end to shipping bottlenecks

Oct. 12, 2017 at 12:43 am CDT

By eric-m-johnson

CSX tackling service issues, CEO tells rail regulator

Aug. 29, 2017 at 3:54 am CDT

By Nick Carey

CP scraps plans to buy Norfolk Southern

Apr. 11, 2016 at 9:29 am CDT

By Reuters

U.S. Justice Dept. urges rejection of CP voting trust

Apr. 9, 2016 at 2:48 pm CDT

By Nick Carey Tim Ahmann

CP to weigh options after another Norfolk rejection

Dec. 23, 2015 at 7:20 pm CST

U.S. railway Norfolk Southern has rejected another new marriage proposal from Canadian Pacific Railway (CP), leaving the Calgary-based rail firm to “review its strategic alternatives.” Norfolk Southern said Wednesday its board of directors has “unanimously” rejected CP’s revised Dec. 16 proposal, which offered US$32.86 per share in cash, a fixed […]

By Staff

CP revises hostile bid for Norfolk Southern, again

Dec. 16, 2015 at 8:30 pm CST

Reuters — Canadian Pacific Railway slammed railway Norfolk Southern on Wednesday, accusing it of misleading investors even as CP executives rolled out a new bid with increased shareholder protections to acquire the U.S.-based railroad. Executives from Canada’s second-largest railroad said the deal is now in the hands of Norfolk Southern’s […]

By Allison Lampert Euan Rocha

U.S. railway Norfolk Southern rejects CP offer

Dec. 4, 2015 at 3:34 pm CST

Reuters — U.S. railroad operator Norfolk Southern said Friday its board had rejected Canadian Pacific Railway’s US$28.4 billion offer, calling it “grossly inadequate” and could face substantial regulatory hurdles. A struggling coal transportation market, suppressed by weak market demand and global oversupply, has weighed on the earnings of Norfolk, making […]

By Ankit Ajmera Sneha Banerjee

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