April 11, 2016 | CP, Headlines, NS
(Source: Canadian Pacific Railway press release, April 11, 2016) CALGARY, Alberta — Canadian Pacific Railway Ltd. today announced that it has terminated efforts to merge with Norfolk Southern Corp. (NS), including the withdrawal of a resolution asking NS shareholders...
April 8, 2016 | CP, Headlines, NS
(Source: Reuters, April 7, 2016) NEW YORK — The U.S. military on Thursday raised concerns with a federal rail regulator over the voting trust Canadian Pacific has proposed as part of its takeover bid for Norfolk Southern and said the deal could adversely affect the...
April 7, 2016 | Canada, CP, Headlines
(Source: CBC News, April 4, 2016) REGINA — Canadian Pacific Railway worker Jamie Jijian died as a result of a “combination of hazardous conditions acting together,” according to a leaked Transport Canada report. Full story: CBC News
April 7, 2016 | CP, Headlines, NS
(Source: Herald-Dispatch, April 6, 2016) HUNTINGTON, W.Va. — As local, state and national leaders came to the table in western Wayne County to talk about the Heartland Intermodal Gateway, one topic of discussion didn’t come up: the possible hostile takeover of Norfolk...
April 5, 2016 | CP, Headlines, NS
(Source: Register-Herald, March 31, 2016) BECKLEY, W.Va. — The battle between North America’s railroad titans continues. Virginia-based Norfolk Southern Corp. exhorted its employees to vote against Calgary-headquartered Canadian Pacific Railway Ltd.’s latest attempts...
April 5, 2016 | CP, Headlines, NS
(Source: Reuters, April 5, 2016) WASHINGTON, D.C. — Bill Shuster, the Republican chairman of the U.S. House Transportation and Infrastructure Committee, announced his opposition on Tuesday to a proposed railroad merger between Canadian Pacific Railway Ltd and Norfolk...
April 5, 2016 | CP, Headlines, NS
(Source: Canadian Press, March 30, 2016) MONTREAL — Norfolk Southern Railway’s CEO is urging its employees not to support a motion urging the railway’s board of directors to enter into merger talks with Canadian Pacific Railway. Full story:...
March 18, 2016 | CP, Headlines, NS
(Source: Des Moines Register opinion column by Craig Lang, March 18, 2016) DES MOINES, Iowa — As Iowans look to maintain our way of life under increased global competition, threats to ethanol production and antiquated infrastructure, we need to improve access to...
March 14, 2016 | CP, Headlines, STB
(Source: Railway Age, March 11, 2016) NEW YORK — On March 10, 2016, the Surface Transportation Board issued a decision, Docket No. FD 36004, “Canadian Pacific Railway Limited—Petition for Expedited Declaratory Order,” responding to CP’s March 2 petition, and setting a...
March 11, 2016 | CP, Headlines, NS
(Source: Railway Age, March 10, 2016) NEW YORK — Canadian Pacific on March 9, 2016 filed a preliminary proxy statement with the Securities and Exchange Commission (SEC) that outlines the shareholder resolution to be considered at the upcoming Annual Meeting of Norfolk...
