July 1, 2021 | CN, Headlines
(Source: Railway Age opinion column by Jason Seidl, July 1, 2021) NEW YORK — Following the closing of the public comment period for the CN voting trust, which ended June 28, we are re-calibrating our expectations and now believe there to be a ~60% chance the Surface...
June 30, 2021 | CN, Headlines
(Source: CTV News, June 16, 2021) MONTREAL — In the last two-and-a-half years, since 2018, five conductors have died at CN-owned railyards in Canada. A sixth died a little earlier, in 2017. Some CN employees, past and present, point out that the company’s...
June 29, 2021 | CN, Headlines
(Source: Railway Age, June 28, 2021) NEW YORK — Proposed merger partners CN and Kansas City Southern (KCS), and KCS rival partner Canadian Pacific, on June 28 reported additional support for their respective combinations. It is the final day of the Surface...
June 25, 2021 | CN, Headlines
(Source: Greater Baton Route Business Report, June 24, 2021) BATON ROUGE, La. — The planned merger between Canadian National Railway Co. and Kansas City Southern is getting backlash from the agriculture industry, which could potentially throw a wrench into...
June 25, 2021 | CN, Headlines
(Source: The Hill opinion column by CN CEO J.J. Ruest and KCS CEO Patrick Ottensmeyer, June 24, 2021) WASHINGTON, D.C. — One of the lessons of the coronavirus pandemic is that shorter supply chains are vital. This is especially true as global supply chain bottlenecks...
June 24, 2021 | CN, Headlines
(Source: Progressive Railroading, June 23, 2021) CN yesterday and today announced another CA$965 million in capital expenditure projects planned this year for its rail infrastructure. The Class I unveiled plans to spend CA$460 million in British Columbia, CA$370...
June 18, 2021 | CN, Headlines
(Source: Canadian National/Kansas City Southern press release, June 17, 2021) MONTREAL — CN and Kansas City Southern (“KCS”) today announced that support for their pro-competitive proposed combination continues to grow. One hundred additional letters have been sent to...
June 17, 2021 | CN, Headlines
(Source: Transport Topics, June 14, 2021) WASHINGTON, D.C. — The Surface Transportation Board is taking public comments until June 28 on the proposed multibillion dollar merger of Class I freight rail companies Canadian National and Kansas City Southern. The STB also...
June 16, 2021 | CN, Headlines
(Source: Railway Age, June 15, 2021) NEW YORK — Per the Surface Transportation Board’s (STB) request, proposed merger partners CN and Kansas City Southern (KCS) have filed financial documents that will help STB decide whether or not to approve their voting trust...
June 7, 2021 | CN, Headlines
(Source: Progressive Railroading, June 4, 2021) CN and Kansas City Southern chief executives, speaking yesterday at Bernstein’s 37th Annual Strategic Decisions Conference, presented the case for merging their companies. Full story: Progressive...
