The proposed Canadian Pacific-Kansas City Southern merger is regaining momentum. Talks are back on after a Surface Transportation Board decision stalled Canadian National Railway’s attempts to take over KCS, and CP issued a new proposal to merge with the nation’s smallest Class I railroad. The STB recently rejected CN’s request for a voting trust agreement to pursue its $33.6 billion bid because it was inconsistent “with the public interest standard under the board’s merger regulations.” The announcement followed CP’s upgraded $31 billion offer in stocks and cash to acquire KCS earlier in the month. CP’s latest proposal represents a better deal than what the railroads agreed to in March, according to company officials. Terms are similar to those in the CN merger agreement but offer “significantly higher regulatory certainty than the proposed CN merger and significantly higher value than our previously agreed combination.” The proposed transaction values KCS at $300…
Tagged: Kansas City Southern
We continue to experience USPS delays in the delivery of issues. We appreciate your patience!
PURCHASE THE CURRENT ISSUE TODAY!
JUST $6.25, includes shipping (U.S. only)!
Allow 3-5 business days for delivery upon placement of order.
** Email us for international shipping rates**
The Springmaid Line
In its 125 years, the Lancaster & Chester Railroad, known as the Springmaid Line, has been the pulse of South Carolina’s Chester and Lancaster counties. The line evolved from a narrow-gauge operation that ran out of money, like so many railroads in the late 19th century. And today, the L&C is in a very active growth mode and is the region’s ticket to the future.
Gateway Grain Railway
William Selleck’s traveling N-scale “shadowbox” layout may pale in comparison to the large layout in his Lansing, MI, basement, but it expands the mind. At 2 feet by 8 feet, the Gateway Grain Railway depicts a fictional short line operated by the large rural elevator that it serves. The compact size has allowed Selleck to focus on weathering, realism and operations, and he loves to share his work with other modelers.
Northland Rail aims to boost marketing for model railroad and railroad organizations behind the expertise of veteran hobbyists. …
Project Railroad: Part II of modeling a modern day newspaper production facility on the N-scale Whitehurst & Pine Ridge Railroad. …
Take a ride with the Cowcatcher on the The Rocky Mountaineer’s new “Rockies to Red Rocks” excursion, which debuted in the U.S. in August. …
The Cumbres & Toltec Scenic Railroad marks 50 years (plus one) of narrow-gauge excursions between Chama, NM, and Antonito, CO, will a celebration of steam. …
THESE STORIES AND MORE, PLUS A FULL CALENDAR OF UPCOMING EVENTS AND THE BUSINESS PULSE OF THE RAILROAD INDUSTRY!
Whitehurst & Pine Ridge Railroad
Product News & Review
Rapido HO-Scale SP SW1200 Locomotive
The Cowcatcher reviews Rapido Trains’ dynamic HO-scale Southern Pacific “Bloody Nose” SW1200 switching locomotive in the July/August 2021 issue. The model, designed from original blueprints and field measurements, is full of prototype details and runs effortlessly with lots of pulling power.
Don’t Miss an Issue
Article & Photo Submissions
We encourage readers to submit articles and photos. For details, visit our guide here .
Railroad in Focus
HMA Promotional Video