January 18, 2024 | CP-KCS Merger, CPKC, Headlines
(Source: Trains.com analysis by Bill Stephens, January 12, 2024) Last year’s merger of Canadian Pacific and Kansas City Southern, the two smallest Class I systems, has turned out to be the little spark that has ignited a lot of railroad competition. Full story:...
August 4, 2023 | CP-KCS Merger, CPKC, Headlines, Lawsuit
(Source: Reuters, August 3, 2023) Canadian Pacific Kansas City, formed in April when Canadian Pacific Railway merged with Kansas City Southern, has been sued by bondholders for failing to repay more than $1 billion after missing a deadline tied to the merger. In a...
May 26, 2023 | CP-KCS Merger, Headlines, Lawsuit, Mexico, STB, UP
(Source: Trains Magazine, May 25, 2023) Union Pacific is suing the Surface Transportation Board because the agency’s approval of the Canadian Pacific-Kansas City Southern merger didn’t fully protect cross-border competition at the Laredo, Texas, gateway or address the...
May 22, 2023 | CP-KCS Merger, Headlines, STB
(Source: Freight Waves, May 17, 2023) Three progressive groups want President Joe Biden to remove Marty Oberman from chairmanship of the Surface Transportation Board and replace him with board member Robert Primus because of the way Oberman handled the merger between...
May 12, 2023 | CP-KCS Merger, CPKC, Headlines
(Source: Star Tribune, May 10, 2023) A recently completed merger between two of the country’s top-tier rail lines will send more trains along the upper Mississippi River — and in some areas, thousands more carloads of hazardous materials. Full story: Star...
May 12, 2023 | CP-KCS Merger, CPKC, Headlines, Lawsuit, STB
(Source: Television station WLS, May 11, 2023) Northwest suburban Chicago is beginning to see the impact of the recent $30 billion-plus railway merger of Canadian Pacific and Kansas City Southern. A coalition of suburban Chicago communities has filed a safety appeal...
May 8, 2023 | CP-KCS Merger, Headlines, Lawsuit, STB, UP
(Source: Freight Waves, May 5, 2023) Union Pacific is asking a federal court of appeals to review the decision by the Surface Transportation Board to approve the merger between Canadian Pacific and Kansas City Southern. UP had expressed concerns during STB hearings on...
April 27, 2023 | CP-KCS Merger, CPKC, East Palestine-NS, Headlines, Railroad Safety
(Source: Reckon Media, April 26, 2023) What is known is that the CPKC merger will drastically increase rail traffic in dozens of U.S. neighborhoods from Chicago to Texas’s border with Mexico. Traffic is expected to at least quadruple as the trains haul anything from...
April 24, 2023 | CP-KCS Merger, CPKC, Headlines
(Source: Railfan & Railroad Magazine, April 14, 2023) Canadian Pacific and Kansas City Southern officially merged on Friday, April 14, creating a new Class I railroad dubbed “Canadian Pacific Kansas City.” The merger of the two railroads comes more than two years...
April 24, 2023 | CP-KCS Merger, CPKC, Headlines, Shippers
(Source: Trains Magazine, April 21, 2023) CPKC has landed a multi-year contract to handle Schneider National’s intermodal traffic between the U.S. and Mexico. Full story: Trains Magazine