$31 Billion US Railroad Merger to Go Forward, Despite Opposition From Metra, Many Chicago Suburbs

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.

MaryAnnAhernNBC How about we start investing more in grade separation and new dedicated lines to route trains away from the city?

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First major US railroad merger in 2 decades will go forwardThe way has been cleared for the first major railroad merger in more than two decades after federal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern. They need a third company for this merger so it can be announced by Gordon Lightfoot. Timing is… interesting? Nationalize the rail
Источник: AP - 🏆 728. / 51 Прочитайте больше »

Federal regulators approve merger expected to bring more freight trains to Chicago areaFederal regulators have approved a major rail merger expected to bring more freight trains through parts of the Chicago area, despite concerns raised by Metra, suburban towns and Illinois members of Congress.
Источник: chicagotribune - 🏆 8. / 91 Прочитайте больше »