Canadian Pacific and Kansas City Southern submit a plan to regulators detailing how they will merge their operations.
Canadian Pacific inks a potash contract while CN’s British Columbia operations are nearly back to normal.
The end of 2021 brings the confirmation of a Surface Transportation Board member and approvals of short line requests.
An initiative to transport a type of heavy Canadian crude oil to the Gulf Coast via Canadian Pacific and Kansas City Southern has begun operations.
Canadian Pacific has formally completed its acquisition of Kansas City Southern, and now both companies are waiting for the Surface Transportation Board to approve the merger.
Canadian Pacific says it will work to get passenger rail service going between Baton Rouge and New Orleans should its merger with Kansas City Southern pull through.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
CSX and Canadian Pacific were recognized this month by the Dow Jones Sustainability Index North America for the ways they address environmental, social and governance issues.
Two agencies in Mexico have given their approval of the proposed merger between Canadian Pacific and Kansas City Southern.
The STB is allowing the merger application of Canadian Pacific and Kansas City Southern to proceed as is, rejecting Union Pacific’s concerns over the application’s completeness.
CN’s line between Kamloops and Vancouver has been shut down since Nov. 15 following extensive flooding and mudslides. Canadian Pacific reopened its line to limited traffic on Monday.
The railroad says CP’s and KCS’ traffic diversion analysis is incomplete, and so the board should compel CP and KCS to revise its merger application.
The board has said it plans to seek input on the environmental impacts of the CP-KCS merger; CSX’s planned acquisition of Pan Am Railways; Amtrak’s plan to restore its Gulf Coast service; and reciprocal switching.
The proposed schedule will provide room for rebuttals and responses, STB said.
The grant from Emissions Reduction Alberta will help CP convert two more locomotives to hydrogen power and add more hydrogen production and fueling facilities.
Canadian Pacific and Kansas City Southern submit a joint application before the Surface Transportation Board asking to consolidate the two railroads while CN adds a rail and technology expert to its board.
The railway is working with customers and steamship lines to find opportunities to divert traffic from Los Angeles and Long Beach, executives said during CP’s third-quarter 2021 earnings call.
The Transportation Safety Board of Canada has determined that there is no link between July’s devastating fire in Lytton and sparks coming from CN or Canadian Pacific trains.
CN and CP unveil their annual winter operational plans, which include expectations that grain shipments will be down this year and that a La Nina event could mean lower winter temperatures for western Canada.
The board affirms its previous approval of Canadian Pacific’s voting trust application.
