November 16, 2021 | CP, Headlines, KCS, STB, UP
(Source: Trains Magazine, November 15, 2021) WASHINGTON, D.C. — Union Pacific has asked the Surface Transportation Board (STB) to delay and extend its review of the proposed merger of Canadian Pacific and Kansas City Southern. Full story: Trains...
November 15, 2021 | CP, Headlines, KCS, STB
(Source: Railway Age, November 12, 2021) NEW YORK — The Surface Transportation Board (STB) will assess environmental impacts of the proposed Canadian Pacific (CP)-Kansas City Southern (KCS) merger; it’s expected that the environmental review process will wrap up...
November 15, 2021 | BNSF, CN, CP, Headlines, KCS, STB
(Source: Trains Magazine, November 12, 2021) WASHINGTON, D.C. — BNSF Railway and Canadian National have raised issues with federal regulators’ timeline for review of the proposed Canadian Pacific-Kansas City Southern merger. BNSF seeks more time regarding Mexico...
November 15, 2021 | CP, Headlines, KCS
(Source: Winona Post, November 12, 2021) WINONA, Minn. — A proposed merger between two railroad companies would increase train traffic in Winona and other Minnesota river towns by 50 percent, increasing the number of trains per day from 12 to 18, according to company...
November 8, 2021 | CP, Headlines, KCS
(Source: Minneapolis Star-Tribune, November 5, 2021) MINNEAPOLIS, Minn. — Canadian Pacific Railway recently outlined the fate of its U.S. headquarters and workers in downtown Minneapolis as it seeks regulatory approval to merge with Kansas City Southern. Full story:...
November 4, 2021 | CP, Headlines
(Source: Regina Leader-Post, November 2, 2021) REGINA — Canadian Pacific Railway is suing the Saskatchewan government for $341 million, arguing it doesn’t have to pay provincial taxes due to a 141-year-old contract. Full story: Regina...
November 4, 2021 | CP, Headlines, KCS
(Source: Canadian Pacific Railway press release, November 3, 2021) CALGARY — Canadian Pacific Railway Limited (CP) today announced that it has scheduled a virtual Special Meeting of Shareholders (“Special Meeting”) on Dec. 8, 2021 at 11 a.m. ET (9 a.m. MT)...
November 4, 2021 | CP, Headlines, KCS
(Source: Kansas City Southern press release (PDF), November 3, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) today announced that the Company has scheduled a virtual Special Meeting of Stockholders (“Special Meeting”) to vote on the proposed combination with...
November 3, 2021 | CP, Headlines, KCS, STB
(Source: Railway Age, November 3, 2021) NEW YORK — STB on Nov. 1 issued a decision (download below) providing notice of its proposed schedule, which has been set to allow “sufficient time for the submission and review of evidence and arguments, as well as careful...
November 3, 2021 | CP, Headlines, KCS, STB
(Source: Trains Magazine, November 2, 2021) WASHINGTON, D.C. — Canadian Pacific and Kansas City Southern say their proposed merger will generate significant traffic growth, with daily train counts on the combined system’s north-south spine projected to more than...
