March 25, 2021 | CP, Headlines
(Source: Successful Farming, March 24, 2021) DES MOINES, Iowa — A recent announcement of a merger in the railroad industry is not being called a train wreck, but there may be concerns for agricultural commodity shipments, according to Mike Steenhoek, executive...
March 25, 2021 | CP, Headlines
(Source: Canadian Press, March 24, 2021) CALGARY — A partner in a project designed to allow more oilsands bitumen to be shipped by rail from Canada to Texas says the US$25-billion merger of Canadian Pacific Railway Ltd. and U.S. rival Kansas City Southern announced...
March 24, 2021 | CP, Headlines
(Source: Canadian Press, March 23, 2021) CALGARY — The merger of Canadian Pacific Railway Ltd. and Kansas City Southern promises improved service for Canadian shippers, but the impact on crude-by-rail volumes will be muted, observers said Monday. Full story: Canadian...
March 24, 2021 | CP, Headlines
(Source: Bloomberg, March 23, 2021) TORONTO — Some Canadian auto industry executives hope Canadian Pacific Railway Ltd.’s agreement to buy Kansas City Southern eventually wins approval from a U.S. federal agency, believing the transaction will lead to a more efficient...
March 24, 2021 | CP, Headlines
(Source: Associated Press, March 23, 2021) OMAHA, Neb. — Wary regulators have not approved a major railroad merger since the 1990s, but industry analysts say Canadian Pacific’s proposed $25 billion acquisition of Kansas City Southern has a good chance of getting...
March 23, 2021 | CP, Headlines
(Source: Progressive Railroading, March 22, 2021) Canadian Pacific Railway Ltd. and Kansas City Southern announced yesterday they’ve entered into a merger agreement, under which CP has agreed to acquire KCS stock in a cash transaction worth $29 billion, which...
March 5, 2021 | CP, Headlines
(Source: Courthouse News, March 3, 2021) BOSTON — A massive lawsuit over the 2013 Lac-Mégantic train explosion put the First Circuit at odds Wednesday over whether legal technicalities are more important than fairness to the victims. As argued by lawyers for dozens of...
February 22, 2021 | CP, Headlines
(Source: CBC News, February 21, 2021) CALGARY — Two Canadian Pacific Railway trains derailed in southern Alberta on Sunday. Full story: www.cbc.ca
February 16, 2021 | CP, Headlines
(Source: Calgary Herald, February 14, 2021) CALGARY, B.C. — Two locomotives and 46 train cars loaded with potash were involved in a derailment just east of the B.C. and Alberta border Friday. Full story: Calgary Herald
February 9, 2021 | CP, Headlines
(Source: Canadian Pacific Railway press release, February 8, 2021) CALGARY — Canadian Pacific moved 2.22 million metric tons (MMT) of Canadian grain and grain products in January 2021. This exceeds the previous January record in 2020 by 6 percent. CP has shipped 16...
