newsworthy CP weighing "all" legal options to prevent U.S. rails from collaborating to block NS deal March 2, 2016 DC Velocity Staff No Comments Legal fight among railroads threatens to escalate.Read More
newsworthy Rail shippers split on outlook for Canadian Pacific-NS combination March 1, 2016 DC Velocity Staff No Comments CP says shippers favor deal by 3-to-1 margin; shipper survey by investment firm says 70 percent oppose any large mergers.Read More
newsworthy UPS' thumbs-down of CP-NS deal could be telling blow for transaction February 12, 2016 Mark B. Solomon No Comments UPS tells regulators that deal is not in the public interest and would harm service levels.Read More
newsworthy Harrison says CP to abandon buy-out bid for NS if shareholders reject proposal to hold talks February 11, 2016 Mark B. Solomon No Comments Canadian Pacific CEO says company prepared to walk if resolution is voted down at Norfolk Southern annual meeting.Read More
newsworthy CP-NS combination would not trigger future North America merger activity, CP said February 5, 2016 DC Velocity Staff No Comments Western rails BNSF, UP would still be larger than CP-NS combination, CP says.Read More
newsworthy CP asks U.S. regulators to probe efforts by U.S. rail CEOs to block proposed NS buyout January 19, 2016 DC Velocity Staff No Comments Class I CEOs engaged in "concerted effort" to derail $27 billion deal, CP tells DOJ.Read More
newsworthy Norfolk Southern board rejects CP's third buyout offer, setting up possible proxy fight December 23, 2015 Mark B. Solomon No Comments NS board calls latest offer "grossly inadequate" even with new rights included.Read More
newsworthy CP pitches third merger offer to NS; hints at proxy fight if new bid is rejected December 17, 2015 Mark B. Solomon No Comments Fate of transcontinental merger rests with three-person U.S. Surface Transportation Board.Read More
newsworthy Intermodal folks take stock of their vision—and the realities standing in their way September 21, 2015 Mark B. Solomon No Comments Intermodal will not solve the world's ills, or even the transportation industry's.Read More
newsworthy BNSF unveils expedited, standard intermodal services on key Northern Region corridor June 9, 2015 Ben Ames No Comments New schedules add density between Midwest and Pacific Northwest.Read More