JUST IN: $31 Billion US Railroad Merger to Go Forward, Despite Opposition From Metra, Many Chicago Suburbs
Regulators said in a report earlier this year that the only major impact of the deal would be more noise in places where train traffic is expected to increase significantly. The Surface Transportation Board essentially rejected concerns that the deal would create problems in towns along the tracks by blocking crossings for extended periods of time or clogging the already busy rail network around Chicago and create problems for commuter trains.
Officials in small towns along the railroad like Camanche, Iowa, on the upper Mississippi River told regulators that first responders could be delayed in getting to a fire or urgent health problem because long trains can block every crossing in town at once.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First major US railroad merger in 2 decades will go forwardThe way has been cleared for the first major railroad merger in more than two decades after federal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern.
Read more »
Chicago Fire to lease Chicago Housing Authority land on Near West SideThe 53,000 square-foot, two-story performance center with be on the site of CHA’s former ABLA Homes housing complex
Read more »
City Inks Controversial Deal for Chicago Fire Practice Facility on Chicago Housing Authority LandThe facility is set to take over some 26 acres of Near West Side property that was part of the Addams-Brooks-Loomis-Abbott homes, known as ABLA. The Fire plans to build a “performance center” building and five and a half soccer fields.
Read more »
$80M Chicago Fire training facility to be built on Chicago Housing Authority land for MLS teamThere will be no undoing the controversial zoning change outgoing Mayor Lori Lightfoot muscled through the City Council allowing the Chicago Fire soccer club to build the facility.
Read more »
Federal regulators approve merger expected to bring more freight trains to Chicago areaFederal regulators have approved a major rail merger expected to bring more freight trains through parts of the Chicago area, despite concerns raised by Metra, suburban towns and Illinois members of Congress.
Read more »
Letters to the Editor: Tax the rich a lot more. It's the only way to fix our $31-trillion debtA reader blames an increasingly regressive tax structure over the last several decades for expanding the debt and turbocharging wealth inequality.
Read more »