CP

With yesterday’s news that now the other Canadian Class I railway, Canadian National (CN) made an unsolicited offer to acquire Kansas City Southern (KCS), for $33.7 billion, following the previous announcement by its Canadian brethren, Canadian Pacific (CP) was set to acquire KCS for $29 billion, the current situation remains somewhat in a state of flux. But that has not stopped each railway from making their respective cases for acquiring KCS.

As the freight railroad sector ostensibly was awaiting the recently-proposed Canadian Pacific (CP) acquisition of Kansas City Southern (KCS) for $29 billion, which was announced in March, the chances of that deal—marrying two Class I railroads—making it to the final station are dealing with a new issue on the tracks, with the other Class I North of the border, CN, throwing its hat into the ring today, with what it called a “superior proposal,” for $33.7 billion.

CP and KCS also recently noted that many of the supporters of this deal have called upon the STB “to review the transaction as swiftly as possible so the systems could be integrated and the end-to-end benefits of this combination can be realized for the benefit of all stakeholders,” with the statements and letters filed with the STB.

CP has previously said that the deal is subject to approval from the Surface Transportation Board (STB) and is expected to be completed by mid-2022. STB leadership said last week it received a “notice of intent” about the proposed transaction.

With Calgary-based Canadian Pacific (CP) recently announcing it plans to acquire Kansas City Southern (KCS) for $29 billion, in a deal that will establish the first freight railway connecting the United States, Canada, and Mexico, leadership at the Surface Transportation Board (STB) said today it received a “notice of intent” about the proposed transaction.

The footprint of the North American Class I railroad landscape is dramatically changing form, with this weekend’s landmark announcement that Calgary-based Canadian Pacific (CP) is acquiring Kansas City Southern (KCS) for $29 billion, in a deal that will establish the first freight railway connecting the United States, Canada, and Mexico.

CP officials said that this open-API platform will provide CP’s intermodal shippers with the ability to create, amend and share documents with other supply chain participants, including consignees, beneficial cargo owners, customs agencies, dray operators and steamship lines.

With the news over the weekend that E. Hunter Harrison, president and chief executive officer of Class I railroad CSX passed away on Saturday December 16 at the age of 73, there was no shortage of praise for a man, whom was widely viewed as the most important railroader of our times. And the praise is likely to continue for more than a while, too, and for good reason.

The proposed nearly $30 billion merger of Class I railroad heavyweights Canadian Pacific (CP) and Norfolk Southern (NS) has come to an end despite myriad repeated overtures by the former. That was the word from Calgary-based CP, with the company saying today it has officially terminated its efforts to merge with CP, coupled with withdrawing a resolution in which it had asked NS shareholders to vote in favor of good-faith negotiations between the railroads and stating that it will not make...

Even though their respective positions on a large-scale merger remain unchanged, Class I railroad carriers Norfolk Southern and Canadian Pacific made their voices heard in regards to CP’s perseverance in wanting to acquire NS in what would represent a roughly $30 billion deal.

A recent Bloomberg report indicating that Canadian Pacific Railway Ltd. is looking to acquire Norfolk Southern was confirmed by the Class I railroads in separate statements issued over the past two days.

The Wall Street Journal reported that this merger, which would have brought together two of North America’s largest rail operators, was rejected by CSX, adding it was not clear if CP would continue to make further efforts.

Class I railroad carrier Canadian Pacific (CP) said this week that Keith Creel has been named president and COO, effective today. Creel joins CP from Canadian National Railway Company (CN), where he served as vice president and chief operating officer.

公司官员说,这个设施是located on a 300-acre industrial footprint that is strategically positioned adjacent to CP's mainline between Regina and Moose Jaw and increases capacity and service reliability for intermodal customers with enhanced and more competitive services.

公司官员说,这个设施是located on a 300-acre industrial footprint that is strategically positioned adjacent to CP's mainline between Regina and Moose Jaw and increases capacity and service reliability for intermodal customers with enhanced and more competitive services.