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CP, KCS Advocate for Waiver 'Right'

CP, KCS Advocate for Waiver ‘Right’
CP, KCS Advocate for Waiver ‘Right’
Written by
Marybeth Luczak, Executive Editor
Canadian Pacific (CP) and Kansas City Southern (KCS) submitted a filing to the Surface Transportation Board (STB) asserting what they say is their “right” to have their merger reviewed under a waiver the STB granted to KCS in 2001.
CP and KCS’s new filing was “made in response to objections to the application of the KCS waiver that were filed with the STB by competitors and others,” the Class I railroads said in an announcement released late on April 12.
The railroads explained that “STB granted KCS, the smallest of the Class I railways, an exemption from the new merger rules in 2001 because a combination involving KCS did not raise the same concerns that any transaction between the larger six Class I’s might create.” ....

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CP-KCS Merger: Let the Games Begin

CP-KCS Merger: Let the Games Begin
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

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Lineage Logistics Becomes First Temperature-Controlled Warehousing Provider to Offer Refrigerated and Insulated Railcar Solutions

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Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the acquisition of Cryo-Trans, North America’s leading provider of refrigerated and insulated railcars and rail management solutions. This industry-first partnership creates a uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed.
Lineage Logistics has acquired Cryo-Trans, owner of North America’s largest private fleet of refrigerated and insulated railcars. (Photo: Business Wire)
Cryo-Trans manages more than 40,000 annual rail shipments and owns over 2,200 refrigerated and insulated railcars, the largest private fleet of its kind in North America. Since designing its first temperature-controlled ....

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