January 20, 2016 | CP, Headlines, NS
(Source: Associated Press, January 19, 2016) OMAHA, Neb. — Canadian Pacific railroad wants the Justice Department to investigate whether other major freight railroads are improperly coordinating opposition to its proposed acquisition of rival Norfolk Southern. Full...
January 20, 2016 | CP, Headlines, NS
(Source: Reuters, January 19, 2016) CHICAGO — A legal protest by Canadian Pacific over a meeting among big U.S. railroads about mergers in their industry has highlighted maneuvering in the sector to cope with a rapid downturn and possible consolidation. Full story:...
January 19, 2016 | CP, FRA, Headlines
(Source: Progressive Railroading, January 18, 2016) Although the Federal Railroad Administration (FRA) has no regulatory authority to stop a merger, FRA Administrator Sarah Feinberg said the FRA would expect to scrutinize the “significant safety hurdles”...
January 18, 2016 | Canada, CP, Headlines
(Source: CBC News, January 18, 2016) OTTAWA — Transport Canada has hit Canadian Pacific Railway with an unprecedented order demanding the company change its freight rail scheduling and fatigue-management practices on some runs in British Columbia because they pose...
January 15, 2016 | CP, Headlines, NS
(Source: Editorial in the Roanoke Times, January 14, 2016) ROANOKE, Va. — If Canadian Pacific’s opening move was to make an offer to acquire Norfolk Southern (actually three offers, all rejected), Norfolk Southern’s defensive gambit has been to raise the specter that...
January 15, 2016 | CP, Headlines, UP
(Source: Canadian Pacific Railway press release, January 14, 2016) CALGARY, Alberta — Canadian Pacific said today that it is surprised and disappointed by comments reportedly made by Union Pacific Corp.’s (UP) Chief Executive that UP is working behind the scenes...
January 14, 2016 | CP, Headlines, STB
(Source: Material Handling & Logistics, January 12, 2016) CLEVELAND, Ohio — The Surface Transportation Board has made it clear that approval of one of the key elements of Canadian Pacific’s plan for acquiring rival railroad Norfolk Southern will not go as...
January 14, 2016 | CP, Headlines, NS
(Source: CP Rail press release, January 12, 2016) CALGARY, Alberta — Canadian Pacific today released a white paper stating that a change in the railroad industry status quo is necessary to support continued growth in the North American economy. The full text of the...
January 14, 2016 | CP, Headlines, NS
(Source: Associated Press, January 12, 2016) OMAHA, Neb. — Canadian Pacific is reiterating its argument for acquiring Norfolk Southern in a report released Tuesday. Full story: www.kentucky.com
January 12, 2016 | CP, Headlines, STB
(Source: Progressive Railroading, January 11, 2015) The U.S. Surface Transportation Board (STB) late last week posted on its website the letters it has received from lawmakers, rail shippers, state and local officials and others with an interest in Canadian...
