Progressive Railroading

Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

All fields are required.

Rail News Home Rail Industry Trends


Rail News: Rail Industry Trends

STB ceases CN/IC merger oversight

A week after ending its five-year oversight of the Union Pacific/Southern Pacific Railroad merger, Surface Transportation Board Dec. 27 announced it would discontinue formal monitoring of the Canadian National Railway Co./Illinois Central Railroad combination.

In blessing the CN/IC union, STB in May 1999 said it would establish general merger oversight for up to five years to ensure board conditions were effective, and that CN/IC service was competitive. STB also pledged to assess service CN provides jointly with Kansas City Southern under the CN/KCS marketing alliance.

Over the past two-plus years, STB uncovered no "significant problems" with CN/IC, the board said, adding that the only comment filed during Implementation Year 2 was "positive."

As it did with its Dec. 20 decision to cease formal UP/SP oversight, STB emphasized that it retains the authority to enforce or revise previously imposed CN/IC merger conditions.

Contact Progressive Railroading editorial staff.

More News from 12/27/2001