newsworthy J.B. Hunt requests arbitration to ensure fair revenue division in BNSF deal January 3, 2017 DC Velocity Staff No Comments First time since 2005 that third party will determine revenue division.Read More
newsworthy BNSF, Kansas City Southern to launch cross-border intermodal runs November 17, 2016 DC Velocity Staff No Comments Service to broaden BNSF's cross-border offerings to U.S., Mexican businesses.Read More
newsworthy BNSF to offer expedited intermodal service between Pacific Northwest, Texas September 7, 2016 DC Velocity Staff No Comments Service to reduce prevailing transit times by two days, rail says.Read More
newsworthy Mongeau to step down as head of CN, leaving a powerful legacy to uphold June 7, 2016 DC Velocity Staff No Comments CN president and CEO to leave for health reasons; Jobin, EVP and CFO, to replace him July 1.Read More
newsworthy Amazon to occupy fulfillment center in Edgerton, Kan.; developer to build two facilities there March 30, 2016 DC Velocity Staff No Comments E-tailer's 822,000-square-foot facility comes on top of announcement of 1.7 million square feet of spec property in the two buildings.Read More
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 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 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