March 29, 2023 | Canada, CP-KCS Merger, Headlines, Mexico
(Source: The Loadstar, March 28, 2023) The Canadian government is giving C$18m (US$13.07m) towards establishing a rail park in Winnipeg to facilitate the intermodal transfer of cargo between rail, truck and air. Full story: The Loadstar
March 28, 2023 | CP-KCS Merger, Headlines, STB
(Source: Freight Waves, March 23, 2023) Federal regulators approved Canadian Pacific’s $31 billion acquisition of Kansas City Southern on March 15. The decision is effective April 14 and will form a new rail carrier to be called Canadian Pacific Kansas City (CPKC). In...
March 28, 2023 | CN, CP-KCS Merger, Headlines, STB
(Source: Railway Age, March 24, 2023) CN’s request regarding conditional approval of the Canadian Pacific-Kansas City Southern merger on the sale of KCS’s Springfield Line to CN has been denied by the Surface Transportation Board (STB), which on March 23 provided...
March 22, 2023 | CP-KCS Merger, Headlines, KCS, Mexico
(Source: Trains Magazine, March 21, 2023) Kansas City Southern de Mexico is battling congestion in key terminals likely caused by a combination of stronger than expected traffic growth and train crew shortages. According to Trains Magazine, the congestion began in...
March 17, 2023 | CP-KCS Merger, East Palestine-NS, Headlines, PSR, Railroad Safety, STB
(Source: The New Republic, March 15, 2023) While workers and regulators aim to get a hold on a runaway industry driven by a practice known as precision scheduled railroading, or PSR, that has cut jobs and made trains bigger and bigger — thus making the whole industry...
March 17, 2023 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, March 16, 2023) With Norfolk Southern’s toxic train derailment in East Palestine, Ohio, heightening public concern about rail safety, federal regulators went out of their way on Wednesday to explain that their approval of the Canadian...
March 16, 2023 | CP-KCS Merger, Headlines, STB
(Source: CNBC, March 15, 2023) The Surface Transportation Board of the United States said on Wednesday it had approved Canadian Pacific’s $31 billion acquisition of railroad company Kansas City Southern with a series of environmental and competition conditions. The...
March 15, 2023 | CN, CP-KCS Merger, Headlines, STB
(Source: Railfan & Railroad Magazine, March 15, 2023) STB establishes an “unprecedented” seven-year oversight period over CPKC, requiring regular updates to the board on operations, traffic and other key metrics. Full story: Railfan & Railroad...
March 6, 2023 | CP-KCS Merger, Headlines, STB
(Source: Reuters, March 3, 2023) Democratic Senator Elizabeth Warren urged the Surface Transportation Board to reject a proposed Canadian Pacific merger with Kansas City Southern, according to a letter seen by Reuters Friday. Full story: Yahoo...
March 6, 2023 | CP-KCS Merger, FRA, Headlines, STB
(Source: Trains Magazine, March 5, 2023) The Surface Transportation Board on Saturday approved the appointment of Ronald L. Batory as trustee of the CP-Kansas City Southern Voting Trust, succeeding the late David Starling. Full story: Trains Magazine
