March 15, 2022 | Canada, CP, Headlines, Teamsters Canada
(Source: The Western Producer, March 14, 2022) CALGARY — Government mediators were expected to resume meetings today with the Teamsters Canada Rail Conference and Canadian Pacific Railway in hopes of averting a looming strike. Full story: The Western...
March 14, 2022 | Amtrak, CP, Headlines
(Source: Progressive Railroading, March 11, 2022) Amtrak yesterday recognized Canadian Pacific for earning an industry-leading “A” grade for the sixth-consecutive year on Amtrak’s annual Host Railroad Report Card, which ranks freight railroads for...
March 14, 2022 | CP, Headlines, Teamsters Canada
(Source: Fertilizer Canada press release, March 11, 2022) OTTAWA, Ontario — Fertilizer Canada is calling on Teamster’s Canada Rail Conference (TCRC) and Canadian Pacific Railways (CP Rail) to swiftly resolve their negotiations to avoid a potentially disastrous...
March 14, 2022 | CP, CP-KCS Merger, Headlines
(Source: 13D Monitor, March 12, 2022) NEW YORK — Pershing Square, managed by Bill Ackman, has been watching Canadian Pacific, looking for a good entry point for investment. The opportunity now presented itself in the form of the Canadian Pacific/Kansas City Southern...
March 11, 2022 | CP, Headlines, Teamsters Canada
(Source: The Western Producer, March 10, 2022) CALGARY — The volume of western Canadian grain exports, already 40 percent behind last year’s pace, could soon hit another roadblock, pending a potential strike involving members of the Teamsters Canada Rail Conference...
March 11, 2022 | CP, CP-KCS Merger, Headlines
(Source: Quad Cities National Public Radio, March 8, 2022) DUBUQUE, Iowa — Canadian Pacific railroad officials have started talking with Mississippi River cities in Iowa to discuss its proposed merger with Kansas City Southern. Full story:...
March 10, 2022 | CP, CP-KCS Merger, Headlines, KCS, Mexico
(Source: Canadian Pacific Railway press release, March 8, 2022) CALGARY — Canadian Pacific Railway Limited today announced that, working with Kansas City Southern (“KCS”) on an interline basis, it has successfully launched the first dedicated international...
March 10, 2022 | Canada, CP, Headlines, Teamsters Canada
(Source: The Load Star, March 9, 2022) WASHINGTON, D.C. — According to the Teamsters Canadian Rail Conference (TCRC), which represents some 3,000 conductors, engineers and train and yard personnel at CP, 96.7% of them voted in favor of industrial action. The union has...
March 9, 2022 | CP, CP-KCS Merger, Headlines
(Source: Reuters, March 7, 2022) BOSTON — Billionaire investor William Ackman has built a new stake in railroad operator Canadian Pacific, returning to one of his most profitable investments as rail firms eye a boost from the drive to cut carbon emissions and as...
March 8, 2022 | BNSF, CN, CP, CSX, Headlines, KCS, NS, PSR, STB, UP
(Source: NBC News, March 7, 2022) WASHINGTON, D.C. — Accountable.US, a nonprofit group that examines corporations and special interests, said the seven major railways, which dominate an industry that carries about 40 percent of U.S. freight, collected a record $1.18...