STB ceases CN/IC merger oversight (12/27/2001)
12/27/2025A week after ending its five-year oversight of the Union Pacific/Southern Pacific Railroad merger, the Surface Transportation Board announced today 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.
Source: Progressive Railroading Daily News