Kansas City Southern
- Rail
FMC commissioners want rail regulators to reject CP-KCS merger
Three commissioners of the Federal Maritime Commission contend a merger between Canadian Pacific and Kansas City Southern would result in diverting U.S.-bound intermodal traffic to…
Read More » - Rail
Canadian Pacific eyes early 2023 federal approval of KCS acquisition
Canadian Pacific believes its acquisition of Kansas City Southern is still on pace to receive federal approval sometime early next year.
Read More » - Rail
Class I railroads donate over $2 million for Ukraine relief
Four Class I railroads have donated funds to support humanitarian relief efforts in Ukraine and surrounding areas. Also, U.S. and European rail sector officials form…
Read More » - Rail
New freight, passenger rail services offer more connections to Chicago
Canadian Pacific is launching an international intermodal service between Mexico and Chicago, while state DOTs and Amtrak say a $31 million federal grant will add…
Read More » - Rail
Activist investor confirms taking 2.8 million shares in Canadian Pacific
Bill Ackman, Pershing Square founder and CEO, has been acquiring shares of Canadian Pacific, according to SEC filings and news reports.
Read More » - Rail
Shippers: CP-KCS merger could reduce competition at interchanges
Access to interchanges, treatment of American grain shippers compared to Canadian ones and service impacts weigh on shippers’ minds as they evaluate the proposed merger…
Read More » - Rail
CN, other Class I railroads push back on CP-KCS merger
CN and three other Class I railroads outlined to the Surface Transportation Board conditions that should be met before the board approves a merger between…
Read More » - Rail
Chicago suburbs protest planned CP-KCS merger
Eight Chicago-area communities say a merger between Canadian Pacific and Kansas City Southern would result in more freight traffic and an increased likelihood of blocked…
Read More » - Rail
STB asks competing lines to detail concessions sought on CP-KCS merger
The Surface Transportation Board wants more details about the concessions that BNSF and CN are seeking as Canadian Pacific acquires Kansas City Southern.
Read More » - Rail
KCS sees opportunities for ‘productivity gains when volume recoveries occur’
A Mexican government crackdown has shifted volumes of refined products to truck instead of rail. But KCS hopes for that traffic to return to rail,…
Read More »