May 12, 2022 | Contract Negotiations, CP, News
INDEPENDENCE, Ohio, May 12 — Ballots will be mailed on May 18 to eligible members regarding the BLET’s tentative on-property agreement with the Dakota, Minnesota, and Eastern Railroad (DM&E), National President Dennis R. Pierce announced today. Online voting will...
April 29, 2022 | CP, CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, April 28, 2022) WASHINGTON, D.C. — Federal regulators have ordered Canadian Pacific to resubmit specific traffic density data that will be used as part of its Kansas City Southern merger application. Full story: Trains...
April 29, 2022 | CP, CP-KCS Merger, Headlines, STB
(Source: Freight Waves, April 28, 2022) CHATTANOOGA, Tenn. — Canadian Pacific still expects federal approval of its planned acquisition of Kansas City Southern to occur sometime within the next 12 months, despite a recent pause in the proceeding. Full story: Freight...
April 28, 2022 | CP, CP-KCS Merger, Headlines, PSR, Quarterly Income
(Source: Canadian Pacific Railway press release, April 27, 2022) CALGARY — Canadian Pacific Railway Limited (the “Company”) today announced first-quarter operating results. In light of the financial complexity of acquiring Kansas City Southern (“KCS”) into...
April 12, 2022 | CP, CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, April 11, 2022) BALTIMORE, Md. — Canadian Pacific CEO Keith Creel doesn’t expect a traffic density data issue to delay the overall timeline for regulatory review of the CP-Kansas City Southern merger. Full story: Trains...
April 1, 2022 | Canada, CP, Headlines, Teamsters Canada
(Source: Trains Magazine, March 31, 2022) CALGARY, Alberta — The degradation of air brakes in extreme cold, the limited effectiveness of current train brake tests, and inadequate training and experience of supervisory personnel contributed to the 2019 Canadian Pacific...
April 1, 2022 | CP, Headlines, Teamsters Canada
(Source: Railway Age, March 31, 2022) NEW YORK — Canada’s Transportation Safety Board (TSB) at a March 31 news conference released its investigation report of Canadian Pacific’s Feb. 4, 2019 train derailment on the Laggan Subdivision near Field, British Columbia. CP...
March 29, 2022 | CP, Headlines, Teamsters Canada, War on Workers
(Source: RankAndFile.ca, March 25, 2022) OTTAWA — CP Rail workers and management entered binding arbitration to resolve their labor dispute on March 22 — three days after workers were locked out by the employer. There was immense pressure on the Teamsters and CP Rail...
March 28, 2022 | CP, National Negotiations 2019, News, SMART-TD, Teamsters Canada
By Dennis R. Pierce, BLET National President (BLET Editor’s Note: The following message from President Pierce has been excepted from the January-March 2022 issue of the Locomotive Engineers and Trainmen News.) INDEPENDENCE, Ohio, March 28 — In the piece that I wrote...
March 25, 2022 | Canada, CN, CP, Headlines, Oil Train
(Source: S&P Global Platts, March 24, 2022) HOUSTON — Energy executives and analysts acknowledge there now exists ample pipeline and rail capacity to move additional barrels from Alberta into US refining hubs, even without the infamous Keystone XL Pipeline. Full...