March 10, 2022 | CP, CP-KCS Merger, Headlines, KCS, Mexico
(Source: Canadian Pacific Railway press release, March 8, 2022) CALGARY — Canadian Pacific Railway Limited today announced that, working with Kansas City Southern (“KCS”) on an interline basis, it has successfully launched the first dedicated international...
March 9, 2022 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 7, 2022) WASHINGTON, D.C. — The Class I railroads behaved like you’d expect: Following a tradition in the industry, they lined up against a merger that’s not theirs. That’s partly because railroads want to protect their turf and keep...
March 9, 2022 | CP, CP-KCS Merger, Headlines
(Source: Reuters, March 7, 2022) BOSTON — Billionaire investor William Ackman has built a new stake in railroad operator Canadian Pacific, returning to one of his most profitable investments as rail firms eye a boost from the drive to cut carbon emissions and as...
March 9, 2022 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 1, 2022) WASHINGTON, D.C. — A coalition of Chicago suburbs says it would cost between $5.5 billion and $9.5 billion to mitigate the impact of the Canadian Pacific-Kansas City Southern merger on their communities. Full story: Trains...
March 8, 2022 | CN, CP-KCS Merger, Headlines
(Source: Railway Age, March 1, 2022) NEW YORK — CN has officially asked the Surface Transportation Board (STB) “to condition any approval of a Canadian Pacific-Kansas City Southern merger on the divestiture of the KCS line from Kansas City, Missouri to Springfield and...
March 8, 2022 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 3, 2022) WASHINGTON, D.C. — Shippers say they will support the proposed Canadian Pacific-Kansas City Southern merger so long as regulatory approval of the first Class I combination in two decades includes conditions that would protect...
March 8, 2022 | CP-KCS Merger, Headlines, STB, UP
(Source: Trains Magazine, March 1, 2022) WASHINGTON, D.C. — Union Pacific has asked federal regulators to ensure that a merger of Canadian Pacific and Kansas City Southern does not undermine competition at the Laredo, Texas, gateway. In a filing with the Surface...
March 8, 2022 | CP-KCS Merger, Headlines, NS, STB
(Source: Trains Magazine, March 2, 2022) WASHINGTON, D.C. — Norfolk Southern sees the Canadian Pacific-Kansas City Southern merger as a threat to its Meridian Speedway intermodal traffic. Full story: Trains Magazine
March 8, 2022 | BNSF, CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 2, 2022) WASHINGTON, D.C. — BNSF Railway has urged federal regulators to take steps to protect cross-border traffic to and from Mexico as part of any approval of the proposed Canadian Pacific-Kansas City Southern merger. Full story:...
March 7, 2022 | BNSF, CN, CP-KCS Merger, CSX, Headlines, NS, STB, UP
(Source: Progressive Railroading, March 3, 2022) BNSF Railway Co., CN, CSX, Norfolk Southern Railway and Union Pacific Railroad on Monday filed their “comments and request for conditions” with the Surface Transportation Board (STB) on the proposed merger...
