January 11, 2016 | CP, Headlines, UP
(Source: Omaha World-Herald, January 11, 2016) OMAHA, Neb. — Amid the loudest wave of railroad industry merger-and-acquisition talk since 2010, one question is: Where will Omaha figure in? Full story: Omaha World-Herald
January 11, 2016 | CP, Headlines, NS
(Source: Reuters, January 8, 2016) NEW YORK — Two trade unions representing workers at No. 4 U.S. railroad Norfolk Southern Corp have joined a growing chorus of opposition to an unsolicited bid from Canadian Pacific Railway Ltd, one in an unpublished letter sent to...
January 8, 2016 | CP, Headlines
(Source: Globe and Mail, January 7, 2016) TORONTO — Canadian Pacific Railway Ltd. is facing a lawsuit by a salesman who alleges he was dismissed after refusing to sign an affidavit the company prepared in connection with a corporate espionage case launched by rival...
January 8, 2016 | CP, Headlines
(Source: Canadian Press, January 6, 2016) MONTREAL — Canadian Pacific Railway has welcomed a court ruling limiting its liability from lawsuits triggered by the transporting of dangerous goods, which could help the company in legal action related to the deadly...
January 7, 2016 | CP, Headlines
(Source: Canadian Press, January 6, 2016) MONTREAL — Canadian Pacific Railway Ltd. has welcomed a court ruling limiting its liability from lawsuits triggered by the transporting of dangerous goods, which could help the company in legal action related to the deadly...
January 7, 2016 | CP, Headlines, NS
(Source: Reuters, January 6, 2016) WASHINGTON, D.C. — Two senior Democrats in the U.S. House of Representatives urged federal regulators on Wednesday to reject any acquisition of railroad operator Norfolk Southern Corp by Canadian Pacific Railway. Full story:...
January 6, 2016 | CP, Headlines, NS
(Source: Railway Age, January 5, 2016) NEW YORK — Reuters, which originally broke the story late last year about Canadian Pacific’s targeting of Norfolk Southern for acquisition before CP officially announced it, has published excerpts of several letters to the...
January 5, 2016 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 5, 2016) CALGARY — The 17th year of the Canadian Pacific (CP) Holiday Train program saw tremendous crowds, generous donations and big smiles as it etched its way across Canada and the northern U.S. With results...
December 29, 2015 | CP, Headlines, NS
(Source: Railway Age, December 23, 2015) NEW YORK — Norfolk Southern on Dec. 23, 2015 rejected Canadian Pacific’s third and most recent proposal to acquire NS. CP on Dec. 16 offered $32.86 in cash, a fixed exchange ratio of 0.451 shares in a new company that would own...
December 29, 2015 | CP, CSX, Headlines
(Source: Jacksonville Business Journal, December 24, 2015) JACKSONVILLE, Fla. — CSX Corp. could once again be the target of Canadian Pacific’s unflappable quest for a merger, now that Norfolk Southern has once again turned down the Canadian railroad’s...
