News from the intermodal freight transportation industry.
| April 22, 2021 | Intermodal | Rail
| April 22, 2021 | Intermodal | Trucking
| April 22, 2021 | Intermodal | Trucking
| April 22, 2021 | Intermodal | Trucking
| April 22, 2021 | Intermodal | Rail
Southampton with further services to London Gateway and Immingham to follow. By May more than 140 container movements are expected per month.
| April 22, 2021 | Intermodal | Trucking
| April 22, 2021 | Intermodal
| April 21, 2021 | Intermodal | Rail
| April 21, 2021 | Intermodal | Rail
Canadian National Railway Co.’s bid to wrest Kansas City Southern away from Canadian Pacific Railway Ltd. is rekindling a century-old rivalry and pitting former colleagues against each other.
| April 21, 2021 | Intermodal | Rail
| April 21, 2021 | Intermodal | Rail
| April 21, 2021 | Intermodal | Trucking
| April 21, 2021 | Intermodal | Trucking
| April 21, 2021 | Intermodal | Trucking
| April 20, 2021 | Intermodal | Rail
| April 20, 2021 | Intermodal | Rail
• Combination will create the premier railway for the 21st century connecting ports in the United States, Canada and Mexico to facilitate trade and economic prosperity across North America • Combination will result in a safer, faster, cleaner and stronger railway • CN’s proposal of $325 per KCS share represents 21% premium over implied value of CP transaction and values KCS at an enterprise value of $33.7 billion1 • Expected EBITDA synergies approaching $1 billion annually with a significant proportion expected from converting truck traffic from busy interstates and highways for better fuel efficiency at a lower cost • Anticipated to be accretive to Adjusted Diluted EPS2 in the first full year following CN assuming control of KCS
© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved