Transportation

Canadian Pacific Gives Up on Buying Norfolk Southern

Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern Corp, almost six months after it launched its unsolicited $28 billion bid for the fourth-largest U.S. railroad operator.

Deadly Amtrak Crash Occurred Despite Worker Safety Regulations

The deadly train crash that killed two Amtrak construction workers in Chester, Pennsylvania on Sunday morning occurred despite federal requirements that are designed to protect railroad employees performing maintenance work on the tracks.