February 4, 2016 | CP, Headlines, NS
(Source: Railway Age, February 3, 2016) NEW YORK — Continuing its hostile pursuit of Norfolk Southern, and faced with some stiff political and rail industry opposition in the U.S., Canadian Pacific on Feb. 3, 2016 released a white paper, “CP-NS: A Comprehensive...
February 4, 2016 | CP, Headlines, Remote Control
(Source: CBC News, February 4, 2016) OTTAWA — Two pressurized tanker cars loaded with propane collided at a CP Rail yard northeast of Edmonton, marking the third such accident at the Scotford Yard involving a remote-controlled train in less than two months, CBC News...
February 3, 2016 | CP, Headlines
(Source: Canadian Pacific press release, January 27, 2016) CALGARY — Canadian Pacific Railway Limited today announced that Matthew H. Paull has been appointed to the CP Board of Directors effective immediately, replacing Paul Hilal, who has resigned from the board....
February 2, 2016 | CP, Headlines, NS
(Source: Reuters, February 1, 2016) CHICAGO — Democrats from Pennsylvania’s congressional delegation sent a letter to a federal rail regulator on Monday raising concerns over the possible negative impacts of a merger between Canadian Pacific and Norfolk Southern...
February 1, 2016 | CP, Headlines, NS
(Source: Argus Media, January 29, 2016) WASHINGTON, D.C. — Norfolk Southern’s (NS) defense against a takeover bid by Canadian Pacific (CP) is benefiting from the eastern US railroad’s closer ties to members of Congress. Lawmakers from at least seven states...
February 1, 2016 | CP, Headlines, STB
(Source: Reuters, January 29, 2016) CHICAGO — The Surface Transportation Board (STB), the U.S. federal rail regulator that would have to review any merger of Canadian Pacific and Norfolk Southern Corp., made public a number of letters on Friday from railroad customers...
January 29, 2016 | CP, Headlines
(Source: Television station WKBT, January 28, 2016) BROWNSVILLE, Minn. — Crews have replaced and reopened the track where a Canadian Pacific Railway train derailed earlier this week. Fifteen cars in total fell off the tracks, six of them carrying vegetable oil ended...
January 29, 2016 | CP, Headlines, NS
(Source: Editorial in the Bluefield Daily Telegraph, January 29, 2016) BLUEFIELD, W.Va. — Opposition to the possible merger between Norfolk Southern and Canadian Pacific, a move that could potentially impact hundreds of jobs in already hard-hit West Virginia, is...
January 29, 2016 | CN, CP, Headlines
(Source: Globe and Mail, January 26, 2016) TORONTO — Canada’s major railways are weathering the slump in freight traffic that has gripped the North American rail sector, aided by a slumping loonie and a tight rein on costs. Full story: Globe and...
January 29, 2016 | CP, Headlines, NS
(Source: Politico, January 28, 2016) WASHINGTON, D.C. — Canadian Pacific’s CEO wants everyone to take a big ol’ chill pill. Angst surrounding the company’s proposed merger with Norfolk Southern has begun to hit a fever pitch — an avalanche of worried letters to the...
