November 1, 2023 | CPKC, CSX, Headlines, NS, Short Line, STB
(Source: Trains.com, October 27. 2023) Canadian Pacific Kansas City and CSX Transportation told the Surface Transportation Board today that there’s no reason to grant Norfolk Southern’s request for a delay in review of their proposals to create a new through route...
October 27, 2023 | CN, CPKC, Headlines, Ports
(Source: Trains.com, October 26, 2023) For more than a decade, British Columbia ports have won market share from U.S. West Coast ports for containers bound to Chicago and the Midwest — but that long-term trend has reversed in a matter of months due to the two-week...
October 26, 2023 | CPKC, Headlines, Quarterly Income
(Source: Freight Waves, October 25, 2023) CPKC reported net profit of CA$780 million (US$565 million) in the third quarter of 2023, down 12% year-over-year (y/y) from CA$891 million. Overall revenue totaled CA$3.3 billion in the third quarter, compared with CA$2.3...
October 26, 2023 | CPKC, CSX, Headlines, NS, STB
(Source: Trains.com, October 26, 2023) Norfolk Southern has asked federal regulators to suspend review of the Canadian Pacific Kansas City and CSX Transportation proposal to create a new through route linking the Southeast and Mexico via Myrtlewood, Ala. Full story:...
October 13, 2023 | CPKC, CSX, Headlines, Short Line
(Source: Trains.com, October 11, 2023) Canadian Pacific Kansas City and CSX Transportation have detailed their plans to acquire Genesee & Wyoming short line Meridian & Bigbee in order to create a shortcut interchange route linking the Southeast and Mexico via...
October 5, 2023 | CPKC, Headlines, NS, UP
(Source: Trains.com, October 4, 2023) Canadian Pacific Kansas City has imposed an 8,500-foot train length restriction on the Meridian Speedway, the shortcut between the Southeast and Southwest that is a joint venture with Norfolk Southern. The move affects just one...
August 25, 2023 | CPKC, Headlines, UP
(Source: Trains.com, August 21, 2023) Union Pacific’s contention that Kansas City Southern can’t haul grain from the Upper Midwest to the Gulf Coast using trackage rights south of Beaumont, Texas, is “revisionist history,” Canadian Pacific Kansas City has told federal...
August 9, 2023 | CPKC, Headlines, Mexico, Ports
(Source: Seatrade Maritime News, August 8, 2023) In the face of continued problems with traffic volumes at the Panama Canal, shippers and carriers will likely seek alternatives which is where CPKC believes it can step in. CPKC was formed in April this year out of a...
August 4, 2023 | CP-KCS Merger, CPKC, Headlines, Lawsuit
(Source: Reuters, August 3, 2023) Canadian Pacific Kansas City, formed in April when Canadian Pacific Railway merged with Kansas City Southern, has been sued by bondholders for failing to repay more than $1 billion after missing a deadline tied to the merger. In a...
August 3, 2023 | CPKC, Headlines, UP
(Source: Trains.com, August 3, 2023) Canadian Pacific Kansas City has asked federal regulators to prevent Union Pacific from blocking the movement of its grain trains to the ports of Houston and Galveston via trackage rights on UP via Beaumont, Texas. Full story:...
