CALGARY — Canadian Pacific has reached a new two-year agreement with Teamsters Canada Rail Conference-Train and Engine employees through binding arbitration, the railroad announced. The union represents about 3,000 engineers, conductors, train and yard workers in Canada. The agreement, which runs through 2023, includes 3.5% wage increases in 2022 and 2023, as well as increased […]
PARRY SOUND, Ontario — A Canadian Pacific special using the railroad’s Royal Canadian Pacific trainset makes a rare southbound move across the railroad’s bridge over the Seguin River at about noon on Thursday, Aug. 11, 2022, during a trip from Thunder Bay, Ontario, to Toronto. CP executives including CEO Keith Creel were reportedly on board. […]
DAVENPORT, Iowa — Davenport’s aldermen have approved an agreement with Canadian Pacific in which the railroad will provide up to $10 million to mitigate impacts of the planned merger with Kansas City Southern, which could triple freight traffic through the city. In return, the city will not oppose the merger. The vote at Wednesday’s city […]
BATON ROUGE, La. — The cities of Baton Rouge and Gonzales will receive $20 million in federal funding for stations for the proposed Baton Rouge-New Orleans passenger service, members of the Louisiana congressional delegation have announced. The funds, sought jointly by the two cities, will go toward land acquisition, design, and construction of the stations. […]
LAC-MÉGANTIC, Quebec — The negotiation period to purchase land for the planned Lac-Mégantic rail bypass has been extended a second time, allowing public consultation on hydrology of the route. Transport Minister Omar Alghabra said the negotiation period between landowners and Public Services and Procurement Canada will run through Nov. 4, following the consultation on hydrology […]
WASHINGTON — The Canadian Pacific-Kansas City Southern merger would cause few if any adverse environmental impacts aside from increased train noise in some locations, the Surface Transportation Board said in a draft environmental analysis released on Friday. The 357-page draft EIS also said the merger would have little effect on rail safety or emergency response […]
DAVENPORT, Iowa — A former mayor of Davenport is urging the city to turn down its tentative $10 million agreement with Canadian Pacific and organize a regional effort to block the railroad’s proposed merger with Kansas City Southern. Meanwhile, the city of Muscatine, some 30 miles southwest along the Mississippi River, has approved a $3 […]
KANSAS CITY, Mo. — Kansas City Southern, Canadian Pacific, and equipment leasing company GATX are among the parties launching an effort to save the monarch butterfly by contributing to its habitat at a preserve in Mexico. The Save the Monarch Butterfly 60,000 Tree Challenge North American Boxcar Tour aims to raise $100,000 to plant 60,000 […]
WASHINGTON — Four federal legislators — three from Missouri and one from Kansas — have told regulators that they back the proposed Canadian Pacific-Kansas City Southern merger. Missouri Sen. Roy Blunt and Reps. Sam Graves and Emanuel Cleaver, along with Kansas Sen. Jerry Moran — all Republicans — told the Surface Transportation Board in an […]
DAVENPORT, Iowa — The city of Davenport has reached an agreement with Canadian Pacific that will bring the Mississippi River community as much as $10 million to mitigate impacts of the proposed CP merger with Kansas City Southern. The Quad Cities Times reports Davenport’s aldermen will vote next week on the deal, which is contingent […]
CALGARY, Alberta — Canadian Pacific and Kansas City Southern continue to test interline moves linking Canada, the U.S., and Mexico as a prelude to eventual single-line service once their proposed merger is approved. The railroads have operated six or seven international intermodal trains from the Port of Lazaro Cardenas, on Mexico’s west coast, to Chicago, […]
CALGARY, Alberta — Canadian Pacific posted higher quarterly revenue and operating income despite a decline in volume that was largely driven by the small Canadian grain crop. Operating income rose 6%, to $868 million, as revenue rose 7%, to $2.1 billion, CP announced on Thursday morning. Earnings per share, adjusted for the impact of one-time items, […]
