January 30, 2023 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, January 27, 2023) As part of their merger, Canadian Pacific and Kansas City Southern will work with a group of Chicago-area communities on voluntary measures to address traffic concerns in those communities, the railroads say in the final...
January 27, 2023 | CP-KCS Merger, Headlines, STB
(Source: Iowa Public Radio, January 26, 2023) The Department of Justice wrote a letter this week saying it continues to have concerns about the impact more railroads in fewer hands has on competition in the industry. The Department of Justice’s Antitrust Division has...
January 26, 2023 | CP-KCS Merger, Headlines, STB
(Source: Railway Age, January 25, 2023) The U.S. Department of Justice’s (DOJ) Antitrust Division on Jan. 24 reaffirmed its “support for the [Surface Transportation] Board’s review process and careful scrutiny of the competitive implications of the proposed...
January 26, 2023 | CN, CP-KCS Merger, Headlines, STB
(Source: Seeking Alpha, January 25, 2023) Canadian Pacific dropped 3.2% as the U.S. Dept. of Justice reiterated that the U.S. railroad regulator should block the Canadian Pacific (CP) merger with Kansas City Southern. CP was also likely weaker following guidance from...
January 23, 2023 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, January 19, 2023) The Surface Transportation Board’s final decision on the proposed Canadian Pacific-Kansas City Southern merger has been delayed and likely won’t come until late February at the earliest. Full story: Trains...
January 11, 2023 | CN, CP-KCS Merger, Headlines
(Source: Trains Magazine, January 6, 2023) It is probably no surprise that, as Kansas City Southern’s north-south main line becomes a focal point in its pending merger with Canadian Pacific, that route is also front and center in its capital spending plans for 2023,...
January 4, 2023 | 2-man Crews, CP-KCS Merger, FRA, Headlines, PSR, STB
(Source: Freight Waves, January 3, 2023) The Surface Transportation Board’s regulatory to-do list, train crew sizes and merger conditions related to Canadian Pacific’s acquisition of Kansas City Southern are just some of the big issues that rail industry stakeholders...
December 13, 2022 | CP-KCS Merger, Headlines, STB
(Source: Kansas City Star, December 11, 2022) In this small town on the upper Mississippi River, where railroad tracks slice the length of the community, and freight horns seem as common as bird song, residents fear that life is about to get more dangerous. Full...
November 16, 2022 | CP-KCS Merger, Headlines, Mexico
(Source: Freight Waves, November 15, 2022) With the merger of Canadian Pacific and Kansas City Southern awaiting final U.S. government approval in 2023, the CEOs of both companies presented their case about the benefits of the deal Tuesday to an audience of rail...
October 28, 2022 | CP, CP-KCS Merger, Headlines, Quarterly Income
(Source: Freight Waves, October 27, 2022) Canadian Pacific is eager to secure new business and expand existing opportunities as it gears up for a potential merger with Kansas City Southern in 2023, according to its executives during an earnings call to discuss the...
