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The Latest Breaking News from Surface Transportation Board

Transcontinental Reality Check: Norfolk Southern Falls On Union Pacific Buyout

Union Pacific is paying a premium. Here's why Norfolk Southern shares are lower.

Investors Business Daily

Appeals court strikes down Utah oil railroad approval, siding with environmentalists

A U.S. Appeals Court has struck down a critical approval for a railroad project that would have allowed oil businesses in eastern Utah to significantly expand fossil fuel production and exports

The Independent UK

Feds approve major railroad merger despite growing concerns over rail safety

Federal regulators have approved the $31 billion merger of Kansas City Southern railroad with Canadian Pacific.

Tribune News Service

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Durbin, Krishnamoorthi call on federal board to delay merger between Canadian Pacific Railway and Kansas City Southern

Sen. Dick Durbin, D-Ill., said the merger would mean more freight trains moving through the Chicago area that could be harmful to the environment, trigger traffic jams on streets and make it more difficult for first responders to get to places in times of emergencies.

Chicago Sun-Times

Biden stops national railroad strike, extends ‘cooling off’ period

President Joe Biden blocked a strike Friday by the nation’s railroad workers by naming a board to help resolve the dispute.

Tribune News Service

Freight railroads work to resolve service problems, delays

Some grain elevators are so full that farmers trying to sell their crops are being turned away

The Independent UK

Proposed railroad merger will ‘degrade the safety and reliability’ of Chicago commuter rail: federal filing

A proposed merger between two major railroads will lead to “disruptive” delays to service on Metra, the Chicago metropolitan commuter rail system, and exacerbate safety issues for passengers, Metra said in a recent federal filing.

Chicago Tribune

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