The Blanchard Company

Marketing and Management Support
for Feeder Railroads

The Railroad Week in Review

December 1996 - March 31, 1997:

  • Week Ending March 29, 1997
    BNSF sorts out service issues; UP, BNSF agree on I-5 corridor; CSX on balanced competition; Pensylvania power and coal shipments; correction on Greenbrier; P&W, FEC--ripe for takeover?; CN eyes the Northeast.
  • Week Ending March 22, 1997
    Norfolk says no transcons, and why; UP headquarters to leave Bethlehem; PennDOT hearings in Harrisburg. New CSX business unit.
  • Week Ending March 15, 1997
    The latest on Kansas City Southern's Mexican adventure; New York DOT hearings in New York City; AMTRAK RoadRailer program on hold.
  • Week Ending March 8, 1997
    CSX, Norfolk Southern, and Conrail are re-drawing the railroad map in the Northeast as they struggle to find a negotiated settlement. Reaction from many quarters.
  • Week Ending March 1, 1997
    Railroads in the financial news: WSJ shareholder scoreboard, S&P financial outlook, BNSF; growth in carloadings and intermodal shipments; Conrail and Norfolk Southern present plans to NJ groups; Emons line cleared for double-stack use; Winchester & Western orders hopper cars.
  • Week Ending February 22, 1997
    The Battle for Conrail: Norfolk Southern sends Preliminary Environmental Report to Surface Transportation Board; which suitor can best pay the price of acquisition; Canadian Pacific's New York ambitions; UP railcar equipment acquisition; possible diversion of Canadian wheat to U.S. ports; more on the New York Cross Harbor, Genessee & Wyoming, Rail America.
  • Week Ending February 15, 1997
    Railtex earnings and valuation; Conrail merger's potential impact on the Canadian Pacific and the Susquehanna; The New York Cross Harbor
  • Week Ending February 8, 1997
    RailTex fourth quarter and annual results; Union Pacific's $2 billion upgrade; Norfolk Southern's tender offer for Conrail
  • Week Ending February 1, 1997
    No news from CR/CSXT/NS summit; NS to buy 10% of Conrail shares; NS quarterly results; CR postpones shareholder meeting; Westinghouse Air Brake; Greenbrier Corporation
  • Week Ending January 25, 1997
    Results meetings, Burlington Northern Santa Fe and Illinois Central; Conrail press release on earnings; employee commentary on Conrail crew reductions.
  • Week Ending January 18, 1997
    Opt-out voted down at Conrail shareholder's meeting. What it means to stakeholders.
  • Week Ending January 11, 1997
    Merger update; AOL reader responses; Surface Transportation Board on the utilities' "bottleneck" complaint; comparison of Illinois Central and Norfolk Southern; observations on debt load and ROI
  • Week Ending January 4, 1997
    Review and Outlook: 1996/97
  • Week ending December 28, 1996
    Industry and community reactions to The Battle for Conrail; premium pricing for just-in-time trucking
  • Week ending December 21, 1996
    The Battle for Conrail: two lawsuits, two new offers, and a two-year lockout
  • Week ending December 14, 1996
    The Battle for Conrail: Norfolk Southern takes its case to the Conrail board; investor reactions
  • Week ending December 7, 1996
    Conrail battle heats up; news on Burlington Northern-Santa Fe, Illinois Centeral, Canadian National, Kansas City Southern, Mexican privatization, RailAmerica

Ready reference: homepages for Conrail | CSX | Norfolk Southern

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This page maintained by Laura V. Blanchard