December 16, 2021 | Canada, CN, CP, Headlines
(Source: Transport Canada press release, December 15, 2021) OTTAWA, Ontario — The Government of Canada remains committed to promoting public safety and security during the transportation of dangerous goods, which is why important steps continue being taken to reduce...
December 15, 2021 | CP, Headlines, KCS, STB
(Source: Associated Press, December 14, 2021) OMAHA, Neb. — A railroad merger nearly derailed this year by a bidding war is moving forward ahead of a final say from regulators on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad. Full...
December 14, 2021 | CP, Headlines, KCS, STB
(Source: Canadian Pacific Railway press release, December 14, 2021) CALGARY — Canadian Pacific Railway Limited (“CP”) today announced the completion of its acquisition of Kansas City Southern (“KCS”). The transaction represents an enterprise value of approximately...
December 14, 2021 | CP, Headlines
(Source: CTV News Regina, December 13, 2021) SASKATOON, Sask. — Saskatchewan’s Conservative Members of Parliament are calling on the federal government to remove an exemption for Canadian Pacific Railway from various Saskatchewan provincial taxes. CP Rail is seeking...
December 13, 2021 | CP, Headlines, KCS
(Source: Kansas City Southern press release, December 10, 2021) KANSAS CITY, Mo. — Kansas City Southern (“KCS”) announced that the Company’s stockholders have voted to approve the previously announced combination with Canadian Pacific Railway Limited (“CP”) at today’s...
December 13, 2021 | CP, Headlines
(Source: Moose Jaw Today, December 7, 2021) MOOSE JAW, Sask. — In 1978, one of the very last trains operated by CP Rail on the Canadian route from Vancouver to Toronto was stopped in its tracks in Kicking Horse Canyon, B.C. Full story: Moose Jaw...
December 13, 2021 | CP, Headlines, KCS
(Source: Canadian Pacific Railway press release, December 8, 2021) CALGARY — Canadian Pacific Railway Limited (CP) today announced that its shareholders voted overwhelmingly in favor of the issuance of CP common shares to Kansas City Southern (KCS) common stockholders...
December 13, 2021 | Commuter Rail, CP, Headlines
(Source: NOLA.com, December 8, 2021) NEW ORLEANS, La. — The long-held dream of a passenger rail link between Baton Rouge and New Orleans inched closer after officials from Canadian Pacific Railway, which is close to gaining ownership of the tracks between the two...
November 30, 2021 | Canada, CP, Headlines
(Source: Canadian Press, November 29, 2021) SASKATOON — The basis of a lawsuit between Canadian Pacific Railway Ltd. and the Saskatchewan government moves to the floor of the provincial legislature Monday, before possibly heading to Ottawa in a bid to amend the...
November 30, 2021 | CP, Headlines, KCS, STB
(Source: Associated Press, November 23, 2021) KANSAS CITY, Mo. — The U.S. Surface Transportation Board decided that Canadian Pacific’s merger application is complete, dismissing concerns from other railroads. The board also laid out a schedule for its review of the...
