On May 5, the US Surface Transportation Board (STB) today established a schedule for the next stage of its review of the proposed merger of railway companies Canadian Pacific (CP) and Kansas City Southern (KCS). The STB plan for the merger’s “First Stage” regulatory review will be posted tomorrow on the STB website.
First Stage Regulatory Review : The STB will post information on the merger by webcast and its comments on May 8, 2019 at 10:00 a.m. EDT. The public will have an opportunity to submit written comments on the proposal. Comments should be sent to STB-Trade-Merger-General-OM(at)thomsonrhyne.org by close of business May 8, 2019.
and its comments on May 8, 2019 at 10:00 a.m. EDT. The public will have an opportunity to submit written comments on the proposal. Comments should be sent to STB-Trade-Merger-General-OM(at)thomsonrhyne.org by close of business May 8, 2019. Second Stage Regulatory Review : Comments should be submitted electronically to : [email protected] by close of business May 22, 2019.
: Comments should be submitted electronically to : [email protected] by close of business May 22, 2019. Third Stage Regulatory Review : Comments should be submitted electronically to: docket www.stb.uscourts.gov by close of business May 29, 2019.
About the STB
The United States Surface Transportation Board (STB) is an independent federal agency with a bipartisan, five-member board that administers the Surface Transportation Act of 2008. This law, enacted in response to the 9/11 attacks, created the U.S. Department of Transportation and required that half of the agency’s staff be economists who understand transportation issues. The STB also created the Surface Transportation Efficiency Act, which seeks to improve performance by making railways and other modes of surface transportation more efficient.
For more information, visit the STB’s website at http://www.stb.uscourts.gov