Major Railroad Mergers and Consolidations
As part of any merger review, the merger rules require the railroads to submit a service assurance plan. The merger rules also provide for the STB to impose conditions upon a merger, as appropriate, and oversee the combined carriers' operations for a period of at least 5 years following the merger.
|• Federal Statutes
|• 49 U.S.C §§ 11321-11328
|• STB railroad merger regulations|
|• 49 C.F.R. § 1180
|• 2001 Decision: Revised Merger Rules|
|•STB Docket EP 582 (Sub-No. 1)
|• 2001 Summary of Merger Rules|
Potential Merger between Canadian Pacific
Railway and Norfolk Southern Railway
The STB is aware of a recent offer by Canadian Pacific Railway (CP) to merge with Norfolk Southern Railway (NS). A number of stakeholders have submitted correspondence to the STB about this offer, including members of Congress, State and local officials, shippers, and members of the public.
At this time, there is no proceeding before the agency related to a merger of CP and NS.