Skip to main content

STB signs off on CSX’s acquisition of Pan Am

Earlier this week, the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, signed off on the revised merger application filed by Jacksonville-based Class I railroad carrier CSX Transportation Inc. to acquire control of North Billerica, Mass.-based short-line railroad carrier Pan Am Systems Inc. and its short-line railroad subsidiaries.

source https://www.supplychain247.com/article/stb_signs_off_on_csxs_acquisition_of_pan_am

Comments

Popular posts from this blog

How Rising Inflation is Disrupting the Electronics Components Supply Chain

The worldwide inflation trend is causing problems in the electronic components supply chain by making parts more expensive and harder to procure, but mitigation methods exist to help OEMs, CMs, and EMS providers overcome the new challenge. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_rising_inflation_is_disrupting_the_electronics_components_supply_chain

Transplace’s OptiPro focuses on shipment collaboration and LTL pooling

Earlier this month, Frisco, Texas-based Transplace, a non-asset-based third-party logistics services provider and subsidiary of Uber Freight, rolled out a new addition to its Transplace Network Services offerings, with a new tech-enabled service—entitled OptiPro—that identifies cross-customer opportunities for both LTL (Less-than-Truckload) and partial truckload freight. source https://www.supplychain247.com/article/transplaces_optipro_focuses_on_shipment_collaboration_and_ltl_pooling

CP heralds new proof of concept interline service in partnership with KCS

While Canadian Pacific Railway’s (CP) acquisition of Kansas City Southern (KCS) is not expected to be made official until the second half of this year, CP said this week that that companies are collaborating on an interline basis, having rolled out what it said is the first dedicated intermodal train. This train runs between Lázaro Cárdenas and the U.S. Midwest. CP officials said that the impetus for this train was driven by the need to avoid excessive delays “due to the unprecedented and ongoing supply chain challenges affecting North America's West Coast.” source https://www.supplychain247.com/article/cp_heralds_new_proof_of_concept_interline_service_in_partnership_with_kcs