August 19, 2022 | CP-KCS Merger, Headlines, STB
(Source: Radio Iowa, August 18, 2022) The Camanche City Council has turned down the settlement Canadian Pacific Railroad is offering to address far more train traffic in the area. Canadian Pacific offered Camanche $200,000, for closing two of the seven railroad...
August 16, 2022 | CN, CP-KCS Merger, Headlines, STB
(Source: Progressive Railroading, August 15, 2022) CN states how its proposal for the divestiture of KCS track to CN between Kansas City, Missouri, and Springfield and East St. Louis, Illinois, would — in CN’s view — create greater competition through the development...
August 16, 2022 | CP-KCS Merger, Headlines
(Source: Canadian Pacific Railway press release, August 16, 2022) CALGARY — Canadian Pacific Railway Limited today announced it has received the required regulatory clearance from the Committee on Foreign Investment in the United States (“CFIUS”) for the...
August 11, 2022 | CP-KCS Merger, Headlines, STB
(Source: Quad-City Times, August 10, 2022) If a merger between two North American rail companies is approved by a federal board, Davenport will receive up to $10 million from the new company under an agreement aldermen unanimously approved Wednesday. The city plans to...
August 8, 2022 | CP-KCS Merger, Headlines, STB
(Source: Laredo Morning Times, August 7, 2022) The Surface Transportation Board’s Office of Environmental Analysis determined the only potential adverse impacts of Canadian Pacific’s proposed merger with Kansas City Southern would be train noise, according to the...
August 5, 2022 | CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, August 4, 2022) Four federal legislators — three from Missouri and one from Kansas — have told regulators that they back the proposed Canadian Pacific-Kansas City Southern merger. Missouri Sen. Roy Blunt and Reps. Sam Graves and Emanuel...
August 4, 2022 | CP-KCS Merger, Headlines, STB
(Source: Television station WQAD, August 3, 2022) DAVENPORT, Iowa — The merger between Canadian Pacific and Kansas City Southern continues to gain traction in the Quad Cities. The City of Davenport is expected to vote on a $10 million agreement on Aug. 10 that could...
July 29, 2022 | CN, CP, CP-KCS Merger, Headlines, PSR, Quarterly Income
(Source: Freight Waves, July 28, 2022) Deploying precision scheduled railroading (PSR) is an art and a process, and the operational model shouldn’t be blamed for poor rail service, Canadian Pacific President and CEO Keith Creel told investors during a second-quarter...
July 27, 2022 | CP-KCS Merger, Headlines, STB
(Source: Progressive Railroading, July 26, 2022) U.S. lawmakers from Illinois and suburban government officials yesterday announced their opposition to the current terms of the proposed merger of Canadian Pacific and Kansas City Southern. Full story: Progressive...
July 26, 2022 | CP-KCS Merger, Headlines, STB
(Source: Progressive Railroading, July 25, 2022) The Surface Transportation Board will hold a three-day public hearing in September on the proposed merger between Canadian Pacific and Kansas City Southern. The hearing will be held Sept. 28, 29 and 30 at the board’s...
