March 7, 2022 | CP, Headlines, Teamsters Canada
(Source: Teamsters Canada Rail Conference press release, March 4, 2022) LAVAL — Teamsters Canada Rail Conference (TCRC) has completed and tallied the results of a strike vote. There were 3,062 ballots sent out to the membership, with 96.7 per cent in favour of strike...
February 11, 2022 | Canada, CP, Headlines, Teamsters Canada
(Source: Teamsters Canada Rail Conference (TCRC) press release, February 10, 2022) MONTREAL — The Teamsters Canada Rail Conference (TCRC) has served a Notice of Dispute to the Minister of Labor under the Canada Labor Code in accordance with the Canada Labor Code...
February 10, 2022 | Canada, CP, Headlines
(Source: CTV News, February 9, 2022) CALGARY — The Government of Saskatchewan’s proposed amendment to the Constitution of Canada, connected to a recent lawsuit filed by Canadian Pacific Railway, was approved by the House of Commons. Full story: CTV...
February 8, 2022 | Amtrak, CP, CP-KCS Merger, Headlines
(Source: Trains Magazine, February 7, 2022) WASHINGTON, D.C. — An Amtrak regulatory filing supporting Canadian Pacific’s bid to merge with Kansas City Southern provides a roadmap of what the two parties say is needed for passenger service to begin on new routes, or...
January 28, 2022 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 27, 2022) CALGARY — Canadian Pacific Railway Limited today announced its fourth-quarter results, including revenues of $2.04 billion, operating ratio (“OR”) of 59.2 percent, adjusted OR1 of 57.5...
January 28, 2022 | CP, CP-KCS Merger, Headlines, STB
(Source: Trains Magazine, January 22, 2022) CALGARY — Other Class I railroads should not be able to use the Canadian Pacific-Kansas City Southern merger process as a way to improve their competitive positions, CP CEO Keith Creel says. Full story: Trains...
January 27, 2022 | CN, CP, CP-KCS Merger, Headlines, KCS
(Source: Reuters, January 26, 2022) NEW YORK — There are two ways to win an activist battle: dominate or compromise. In the case of hedge fund TCI Management’s campaign against Canadian National Railway, the resolution announced on Tuesday smacked of the latter. But...
January 20, 2022 | BNSF, CP, Headlines, KCS
(Source: Trains Magazine, January 14, 2022) WASHINGTON, D.C. — BNSF Railway, in a Thursday regulatory filing related to the proposed Canadian Pacific-Kansas City Southern merger, said it may seek trackage rights on Kansas City Southern to reach the Mexican border at...
January 14, 2022 | BNSF, CP, Headlines, KCS, NS, STB
(Source: Trains Magazine, January 13, 2022) WASHINGTON, D.C. — BNSF Railway and Norfolk Southern may both seek trackage rights over Kansas City Southern routes in order to preserve competition as part of the proposed Canadian Pacific-KCS merger. Full story: Trains...
January 14, 2022 | CN, CP, Headlines, KCS, STB
(Source: Canadian Pacific Railway press release, January 13, 2022) CALGARY — Canadian Pacific Railway Limited today issued the following statement in response to CN’s Notice of Intent to file a Responsive Application asking the STB force a divestiture of...
