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 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...
January 31, 2022 | CP-KCS Merger, Headlines, KCS
(Source: Freight Waves, January 28, 2022) CHATTANOOGA, Tenn. — Although refined products volumes to Mexico have been curtailed by a government crackdown on companies seeking to avoid paying taxes, Kansas City Southern still expects growth opportunities for shipping...
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 | Headlines, KCS
(Source: Bnamericas, January 19, 2022) HOUSTON — Kansas City Southern de México is likely to exceed this year’s US$122mn investment commitment for Mexico. Full story: Bnamericas
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...
January 13, 2022 | CN, CP, Headlines, KCS, STB
(Source: Canadian National Railway press release, January 13, 2022) MONTREAL — CN yesterday evening submitted a notice of intent to file a responsive application on February 28, 2022, with the Surface Transportation Board (“STB”) in accordance with the STB’s...
January 13, 2022 | CP, Headlines, KCS, STB
(Source: Daily Herald, January 10, 2022) CHICAGO — In a short amount of time, 324 suburbanites — and others from throughout the Midwest — voiced almost universal displeasure with a proposed railway merger that would increase freight traffic in the West and...
