November 15, 2021 | CP, Headlines, KCS
(Source: Winona Post, November 12, 2021) WINONA, Minn. — A proposed merger between two railroad companies would increase train traffic in Winona and other Minnesota river towns by 50 percent, increasing the number of trains per day from 12 to 18, according to company...
November 8, 2021 | CP, Headlines, KCS
(Source: Minneapolis Star-Tribune, November 5, 2021) MINNEAPOLIS, Minn. — Canadian Pacific Railway recently outlined the fate of its U.S. headquarters and workers in downtown Minneapolis as it seeks regulatory approval to merge with Kansas City Southern. Full story:...
November 4, 2021 | CP, Headlines, KCS
(Source: Canadian Pacific Railway press release, November 3, 2021) CALGARY — Canadian Pacific Railway Limited (CP) today announced that it has scheduled a virtual Special Meeting of Shareholders (“Special Meeting”) on Dec. 8, 2021 at 11 a.m. ET (9 a.m. MT)...
November 4, 2021 | CP, Headlines, KCS
(Source: Kansas City Southern press release (PDF), November 3, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) today announced that the Company has scheduled a virtual Special Meeting of Stockholders (“Special Meeting”) to vote on the proposed combination with...
November 3, 2021 | CP, Headlines, KCS, STB
(Source: Railway Age, November 3, 2021) NEW YORK — STB on Nov. 1 issued a decision (download below) providing notice of its proposed schedule, which has been set to allow “sufficient time for the submission and review of evidence and arguments, as well as careful...
November 3, 2021 | CP, Headlines, KCS, STB
(Source: Trains Magazine, November 2, 2021) WASHINGTON, D.C. — Canadian Pacific and Kansas City Southern say their proposed merger will generate significant traffic growth, with daily train counts on the combined system’s north-south spine projected to more than...
November 1, 2021 | CP, Headlines, KCS, STB
(Source: Canadian Pacific Railway press release, October 29, 2021) CALGARY and KANSAS CITY — Canadian Pacific Railway Limited (“CP”) and Kansas City Southern (“KCS”) today announced they have jointly filed a railroad control application with...
October 26, 2021 | Headlines, KCS
(Source: Kansas City Southern press release, October 25, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today a collaboration with Suministros Industriales Potosinos SA de CV (SIPSA) and TransDevelopment Group (TDG) to develop the Central Bajío Vehicle...
October 26, 2021 | CEO Pay, Headlines, KCS
(Source: Market Beat, October 22, 2021) NEW YORK — Kansas City Southern SVP Adam J. Godderz sold 8,844 shares of the firm’s stock in a transaction that occurred on Thursday, October 21st. The shares were sold at an average price of $301.89, for a total value of...
October 22, 2021 | CN, CP, Headlines, KCS, Quarterly Income
(Source: Canadian Press, October 19, 2021) MONTREAL — Canadian National Railway Co.’s embattled CEO is retiring in the new year, the railway says as it reported a big jump in third-quarter profits thanks in part to a $770-million after-tax break fee it received...
