CP sweetens deals; NS says “no” again

Canadian Pacific’s pursuit of Norfolk Southern has taken on the tone of a rough-and-tumble yet well-intentioned star athlete pulling out all the stops to capture the heart of his dream woman, a relationship-shy political science major who continues to resist her suitor’s advances with perfectly logical yet unemotional reasons why the two aren’t right for each other.

NS to CP: Proposed merger “a poor combination”

Refuting practically every purported benefit that Canadian Pacific has given, and citing substantial regulatory risks and uncertainties as well as many other negatives, Norfolk Southern on Dec. 4, 2015 loudly and firmly rejected CP’s proposal to merge the two railroads into a transcontinental.

TSB makes five recommendations in OC Transpo bus, VIA Rail report

The Transportation Safety Board of Canada’s (TSB) investigation into the September 2013 collision between an OC Transpo bus and a VIA Rail train in Ottawa, Ontario, identified numerous contributory factors including company practices, work-related driving distractions, speed, the configuration of the Transitway and bus crashworthiness.

FAST Act on the fast track to approval

Congressional conferees on Dec. 1, 2015 reached an agreement on the Fixing America’s Surface Transportation (FAST) Act, a five-year surface transportation reauthorization bill and the first long-term bill of its kind in a decade. It comes after years of predeccesor-bill extensions and partisan bickering.

Apache Railway sold

The 98-year-old Apache Railway Company, a shortline railroad operating in Navajo County, Ariz., has been purchased by an entity formed by Aztec Land and Cattle Company Limited and related entities.