Ancora placed a few of its people on the Norfolk Southern board in May, and that likely led to CEO Shaw’s ouster.
Norfolk Southern is asking the Surface Transportation Board to compel Canadian Pacific Kansas City and CSX to consolidate their applications on plans to create a Mexico-Southeast U.S. corridor. Doing so would provide greater insight on freight and passenger rail impacts, NS argues.
Uncertainties over consumer demand and inflation rates are causing Canadian Pacific Kansas City to adopt a more cautious stance as 2024 approaches.
CPKC reported a 12% decline in net profit in the third quarter despite higher combined revenues.
Canadian Pacific Kansas City and CSX are seeking approval from the Surface Transportation Board to acquire some of the assets of short line Meridian & Bigbee Railroad. They plan to beef up an Alabama interchange as part of an effort to create a Mexico-Southeast corridor.
Chicago commuter rail system Metra filed a lawsuit against the Surface Transportation Board over its decision to approve the merger between Canadian Pacific and Kansas City Southern.
Rail service for the 2023-2024 crop year in Canada is expected to be smooth — provided that weather conditions and unforeseen global events cooperate.
Rail volumes to and from the Canadian ports of Vancouver and Prince Rupert are returning to normal after the 13-day strike in July, although capacity to catch up on the backlog appears limited for now, according to RailState’s analysis of its data.
Leaders with Norfolk Southern and CSX described at an investor conference this week how their reach extends beyond the eastern U.S.
CPKC eyes opportunities for intermodal and for beefed-up business in Mexico to help recoup higher costs and lost revenue in the second quarter.
CPKC released second-quarter earnings results as a merged company.
As the labor strike continues at the ports of Vancouver and Prince Rupert, Class I railroads are taking steps to ensure that their networks face minimal disruptions.
Some families of victims of deadly railway accidents say railway police are torn between seeking the truth and protecting the company name. Railroads say safeguards are in place.
Class I railroads CPKC and CSX are working together on developing CPKC’s conversion kits that can retrofit diesel locomotives into hydrogen locomotives.
CPKC and Americold are collaborating on building a refrigerated service network for markets in the Midwest and Mexico.
CPKC seeks to extend or make permanent a waiver that allows the railway to dispatch trains for three locations at its Calgary office.
A federal court in Canada sided with union members and determined that Canadian Pacific had failed to adequately limit the number of hours that train crews worked in a number of instances in 2018 and 2019.
The Surface Transportation Board is grappling with fallout from its March decision to approve the CP-KCS merger. Three progressive groups want STB Chairman Marty Oberman stripped of his role, while western Chicago suburbs have filed a lawsuit against the board.
Canadian Pacific Kansas City is building its intermodal service between points in the U.S. Midwest and Mexico, announcing a new daily service that aims to take away market share from trucks.
Union Pacific wants a federal court to review STB’s approval of the merger between Canadian Pacific and Kansas City Southern.
CPKC and Canadian coal producer Teck Resources’ new service agreement includes a pilot program in which CPKC will test out its hydrogen locomotives to transport Teck’s coal.
The partnerships with the two truck carriers for intermodal service will create new business opportunities for all three companies, CPKC officials said during the company’s first-quarter 2023 earnings call.
Canadian Pacific Kansas City, or CPKC, marked its first day as the merged company of CP and KCS on Friday.
Rail is dominated by just a few large players. A new merger is going to make the industry even more consolidated. Some farmers are worried.
Canadian railway CN and the union Unifor have reached a tentative collective deal, thus averting a potential strike. BNSF and Canadian Pacific also have reached agreements.
Canadian Pacific laid out who will be in key leadership roles after the company merges with Kansas City Southern in April.
Shippers and others weigh in on the Surface Transportation Board approving the railroad merger of Canadian Pacific and Kansas City Southern.
The Surface Transportation Board has approved merger plans between Canadian Pacific and Kansas City Southern railroads.
Four lawmakers from Illinois want the Surface Transportation Board to delay its decision on whether to approve the merger between Canadian Pacific and Kansas City Southern because of their concerns about the freight rail traffic projections used in STB’s environmental review.
The railway said it moved 2.29 million metric tons of Canadian grain and grain products in January, setting a monthly record.
Canadian Pacific is waiting for the Surface Transportation Board to render its decision on the proposed merger with Kansas City Southern. In the meantime, CP has been conducting interline tests to see how its service might compare to similar truck lanes.
A leading federal regulator says a merger between Canadian Pacific-Kansas City Southern would ratchet up rail noise.
Class I railroads CSX, CN, CP and KCS tout recognition for their sustainability efforts, while rail technology provider Wabtec gets a nod for its battery-electric locomotive.
The head of the railroads’ key regulator spoke at RailTrends and was highly critical of the industry’s job cutting of recent years.
The CEOs of Canadian Pacific and Kansas City Southern on Tuesday talked up the benefits of their railroad consolidation at the RailTrends conference in New York.
Agricultural shippers urge Congress to take action to prevent a rail strike while Canadian Pacific has a banner month for moving grain in October.
Canadian Pacific is working to ensure that merging operations with Kansas City Southern goes smoothly, officials said during the railway’s third-quarter 2022 earnings call.
Freight projects get underway in Chicago and Laredo, Texas; CN beats its grain record; Patriot Rail appoints a new COO; and Canadian Pacific disputes a court ruling on an Alberta land sale.
Promoting competition, Laredo’s rail conversion potential and passenger rail in Louisiana were among the themes explored in the second half of the seven-day hearing proceeding on the CP-KCS merger.
The Surface Transportation Board logged over 25 hours last week to hear from stakeholders about the advantages and drawbacks of the proposed Canadian Pacific and Kansas City Southern merger.
A Canadian whistleblower wants STB to press CP on how it plans to operate its private police force in the U.S. after its merger with Kansas City Southern.
The Transportation Safety Board of Canada wants the country’s major railways to install enhanced train-control technology similar to positive train control in the U.S.
Canadian Pacific has won clearance from U.S. regulators for its KCS acquisition and has reached a labor agreement with union leaders for train and engine employees.
The Surface Transportation Board’s Office of Environmental Analysis studied the potential environmental impacts resulting from a merger between Canadian Pacific and Kansas City Southern.
CN and Canadian Pacific say they’re ready for an anticipated grain volume rebound in the new crop year that runs from Aug. 1 to July 31.
Canadian Pacific executives on the company’s second-quarter 2022 earnings call discussed precision scheduled railroading, synergies with Kansas City Southern and intermodal strength in the second half of the year.
The Canadian government wants the railways to submit details on how they will maintain equipment when it gets cold in winter as part of a rail safety initiative.
Senators and two U.S. House representatives from Illinois object to the railway merger between Canadian Pacific and Kansas City Southern as currently proposed, saying the Surface Transportation Board should respond to their constituents’ concerns.
La STB también deniega las solicitudes en el procedimiento sobre el deseo de Amtrak de la Costa del Golfo de establecer un servicio ferroviario de pasajeros
The Surface Transportation Board will conduct a three-day hearing in late September to find out from Canadian Pacific and Kansas City Southern directly about issues related to the railways’ proposed merger.
Kansas City Southern de Mexico will invest nearly $200 million in a railway bypass. The railroad will have exclusive rights to the bypass for 10 more years.
The STB is sifting through hundreds of pages on the perceived advantages and disadvantages of a merger between Canadian Pacific and Kansas City Southern.
The Canadian government says it will fund infrastructure projects in Saskatchewan and Ontario, as well as research into how the railways can respond to climate-induced events.
Congressmen back calls from fertilizer and agricultural products shippers to improve freight rail service, plus news about a new federal grant program to eliminate railroad crossings and updates on CN and Canadian Pacific.
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 Canadian ports.
Trinity Industries’ acquisition aims to benefit rail shippers, while Canadian Pacific’s agreement with Hapag-Lloyd seeks to provide service to key inland Canadian and U.S. Midwest markets.
Canadian Pacific believes its acquisition of Kansas City Southern is still on pace to receive federal approval sometime early next year.
The Transportation Safety Board of Canada has released the results of its investigation into a fatal February 2019 grain train derailment. But Canadian Pacific refutes some of the findings.
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 a task force to support Ukrainian freight and passenger rail.
Canadian Pacific Railway and the Teamsters union agreed to settle a labor dispute through binding arbitration, averting a supply chain crisis.
The shutdown of Canadian Pacific’s rail network is putting additional strain on the supply chain as shipments grind to a halt with backups looming at ports.
Los camioneros y la dirección se culpan mutuamente por poner en riesgo la cadena de suministro
Supply chains are at risk after Canadian Pacific shut down its rail service amid a contract battle with the Teamsters.
The railway has issued a 72-hour notice to the Teamsters Canada Rail Conference that it would lock out its members from working starting Sunday should labor agreement negotiations fail.
CP and the Teamsters Canada Rail Conference are still in talks over a new labor agreement. The union had said earlier this month that a strike could occur as early as Wednesday.
Calls for the Canadian government to head off a strike at Canadian Pacific are coming from both sides of the U.S.-Canada border.
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 to existing passenger rail service and improve freight efficiency.
Bill Ackman, Pershing Square founder and CEO, has been acquiring shares of Canadian Pacific, according to SEC filings and news reports.
The vast majority of Teamsters Canada Rail Conference members working for Canadian Pacific agreed to conduct a work stoppage should negotiations fail.
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 between Canadian Pacific and Kansas City Southern.
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 Canadian Pacific and Kansas City Southern.
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 crossings stemming from longer trains.
The Surface Transportation Board wants more details about the concessions that BNSF and CN are seeking as Canadian Pacific acquires Kansas City Southern.
Teamsters Canada Rail Conference is polling members on whether it should call a strike at Canadian Pacific.
Any concessions that CP would consider as it seeks federal approval to merge with Kansas City Southern must be “reasonable” and grounded in supporting competition, CP said during its fourth-quarter 2021 earnings call late Thursday.
From capital investments to competitive access, issues that CSX has brought before the Surface Transportation Board reflect concerns facing the freight rail industry as a whole.
CN is asking the Surface Transportation Board to require Canadian Pacific to divest KCS’ Springfield Line in Missouri and Illinois to help ensure competition.
The panel on rail consolidations also addressed different approaches to creating competition on monopoly networks.
Canadian Pacific and CSX want to show federal regulators and the broader public that they have widespread support for their proposed acquisitions.
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.
2022 could be a busy year for the Surface Transportation Board if it decides to tackle a number of long-standing, hot-button issues.
