September 28, 2021 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, September 28, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its third quarter 2021 financial results on Tuesday, October 19, 2021, before the opening of trading on the New York Stock Exchange. KCS will...
September 28, 2021 | CP, Headlines, KCS, STB
(Source: www.icis.com, September 24, 2021) HOUSTON — The US chemical industry is watching closely as the railroad sector is set to further consolidate with the pending merger between rail carriers Canadian Pacific (CP) and Kansas City Southern (KCS), two directors at...
September 24, 2021 | CN, Headlines, KCS
(Source: Bloomberg News, September 23, 2021) NEW YORK — The head of Quebec’s largest fund manager is backing the board and management of Canadian National Railway Co. in their fight against an unhappy shareholder, saying they were right to attempt a takeover of Kansas...
September 22, 2021 | CP, Headlines, KCS
(Source: Trains Magazine, September 20, 2021) WASHINGTON, D.C. — Canadian Pacific CEO Keith Creel – who last week won a hard-fought, four month merger battle to acquire Kansas City Southern – is fully aware that the first Class I railroad combination in two decades is...
September 21, 2021 | CN, CP, Headlines, KCS, STB
(Source: Railway Age, September 21, 2021) NEW YORK — A few days after throwing in the towel on its attempted merger with Kansas City Southern, and facing a board and management reorganization forced by activist investor and “beneficial owner” TCI Fund Management Ltd.,...
September 21, 2021 | CN, CP, Headlines, KCS, STB
(Source: BNN Bloomberg, September 21, 2021) NEW YORK — BMO Capital Markets is downgrading its view on Canadian National Railway Co. with its analyst saying the railroad operator’s strategic plan announced last week may fall short of tapping into the...
September 21, 2021 | CP, Headlines, KCS
(Source: Devils Lake Journal, September 21, 2021) BISMARCK, N.D. — Following the announced merger between Canadian Pacific Railway (CP) and Kansas City Southern Railway (KCS), Senators John Hoeven and Kevin Cramer and Congressman Kelly Armstrong were among the members...
September 20, 2021 | CN, CP, Headlines, KCS, STB
(Source: Railway Age, September 17, 2021) NEW YORK — “I am elated for our CP family,” an understandably energized Canadian Pacific President and CEO Keith Creel told Railway Age Editor-in-Chief William C. Vantuono the day after a joint call with analysts with his...
September 20, 2021 | CN, Headlines, KCS
(Source: Canadian Press, September 17, 201) MONTREAL — Canadian National Railway Co. announced a new strategic plan on Friday as it looks to move past its failed bid for a U.S. railway and stave off criticism from an activist investor looking to make leadership...
September 17, 2021 | CN, CP, Headlines, KCS, STB
(Source: BNN Bloomberg, September 16, 2021) CALGARY — Canadian Pacific Railway Ltd.’s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday. “That’s what best case looks like, and that’s what...
