November 30, 2021 | CP, Headlines, KCS
(Source: Associated Press, November 28, 2021) KANSAS CITY, Mo. — Mexican regulators have approved Canadian Pacific’s $31 billion plan to acquire Kansas City Southern and create a railroad linking Mexico, Canada and the United States. Full story: Associated...
November 22, 2021 | Canada, CN, CP, Headlines
(Source: Progressive Railroading, November 19, 2021) Canadian Pacific and CN have had to suspend service in parts of British Columbia since Nov. 14 after heavy rains, severe flooding and subsequent mudslides wreaked havoc on infrastructure in the province. Full story:...
November 22, 2021 | Canada, CN, CP, Headlines
(Source: Railway Age, November 22, 2021) NEW YORK — The governments of Canada and British Columbia have established a joint Supply Chain Recovery Working Group to help restore the flow of goods through the province after devastating floods cut off Vancouver from rail...
November 22, 2021 | CP, Headlines
(Source: Canadian Press, November 20, 2021) VANCOUVER, B.C. — Canadian Pacific Railway Ltd. says it plans to restore service on washed-out tracks in southern British Columbia by midweek after torrential rain and mudslides ground train traffic to a standstill. Full...
November 22, 2021 | Canada, CN, CP, Headlines
(Source: Railway Age, November 19, 2021) NEW YORK — If there are no atheists in foxholes, then there should now be no climate skeptics left among Canadian railroaders, as they move rapidly on what they do best: rebuild to keep the trains running. Full story: Railway...
November 19, 2021 | CP, Headlines
(Source: CBC News, November 18, 2021) CALGARY, Alberta — The families of two Calgary railroaders killed in a runaway train crash near Field, B.C., in 2019 are accusing Canada’s top safety watchdog of conspiring with Canadian Pacific Railway to block a criminal...
November 19, 2021 | Canada, CN, CP, Headlines
(Source: Globe and Mail, November 18, 2021) VANCOUVER, B.C. — The railways that link Vancouver and the southern part of British Columbia with the rest of the country are expected to remain flood-damaged and impassable for days. Rail lines owned by Canadian National...
November 19, 2021 | CP, Headlines, KCS
(Source: Railway Age, November 18, 2021) NEW YORK — In two separate offerings, one in Canada, one in the United States, Canadian Pacific (CP) is issuing several billion dollars in debt to “indirectly fund, in part, the cash consideration required for the acquisition...
November 18, 2021 | CP, Headlines, KCS
(Source: Bloomberg, November 17, 2021) NEW YORK — Canadian Pacific Railway Ltd. raised US$8.45 billion by selling investment-grade bonds in U.S. and Canadian dollars to help fund its acquisition of Kansas City Southern. Full story: BNN Bloomberg
November 18, 2021 | BNSF, CP, Headlines, KCS, STB
(Source: Progressive Railroading, November 17, 2021) BNSF Railway Co. has asked the Surface Transportation Board (STB) to extend its the proposed timeline for making comments on or objections to Canadian Pacific’s application to acquire Kansas City Southern....
