How Might the Major Railroad Merger Affect Chicago-Area Residents? Why Some Suburbs Are Concerned

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The first major railroad merger in more than two decades is expected to move forward after federal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern, but some in the Chicago area fear the move could have concerning impacts.

Regulators said in a report earlier this year that the only major impact of the deal would be more noise in places where train traffic is expected to increase significantly. The Surface Transportation Board essentially rejected concerns that the deal would create problems in towns along the tracks by blocking crossings for extended periods of time or clogging the already busy rail network around Chicago and create problems for commuter trains.

Officials in small towns along the railroad like Camanche, Iowa, on the upper Mississippi River told regulators that first responders could be delayed in getting to a fire or urgent health problem because long trains can block every crossing in town at once. Several suburban Chicago cities also opposed the merger because of concerns about more traffic potentially causing some commuters to abandon the Metra rail network and drive instead.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regulators approve first major US railroad merger in 2 decades, impacting ChicagoThe Transportation Board said that the new direct service 'will facilitate the flow of grain from the Midwest to the Gulf Coast and Mexico, the movement of intermodal goods between Dallas and Chicago and the trade in automotive parts, finished vehicles, and other containerized mixed goods between the United States and Mexico.'
Source: fox32news - 🏆 547. / 51 Read more »