National Coal Transportation Association

Utilities: Will we have coal when it’s cold?

A photograph of a Union Pacific train hauling coal over a mountainous landscape.

U.S. utilities are facing record low coal stockpiles ahead of winter, and congestion on the rails as well as the uncertainty of the vaccine mandate are only adding to the stress.

“Coal shippers are concerned about the full range of factors affecting the rail supply chain at this point, including labor shortages and the possibility of labor interruptions,” John Ward, executive director of the National Coal Transportation Association, told FreightWaves. “Relatively mild fall weather may have eased...

https://www.freightwaves.com/news/utilities-will-we-have-coal-when-its-cold

Stakeholders gear up for next round in CN-KCS merger process

A photograph of a Kansas City Southern train at a rail crossing.

Shippers groups, Canadian railway CN (NYSE: CNI), Kansas City Southern (NYSE: KSU) and Canadian Pacific (NYSE: CP) have all been weighing in on whether the Surface Transportation Board (STB) should approve CN’s and Kansas City Southern’s (KCS) proposed voting trust.

CN and KCS have said they need regulatory approval from STB for the voting trust, which they said would insulate KCS from being taken over as the board goes through the merger proceedings.

Shippers groups concerned about market...

https://www.freightwaves.com/news/stakeholders-gear-up-for-next-round-in-cn-kcs-merger-process