Any way you look at it, Canadian Pacific’s proposed acquisition of Kansas City Southern is a blockbuster deal. It creates the first railroad to link the U.S., Mexico, and Canada. It gives shippers from both railroads more single-line service options. And it will boost competition – with other railroads and, more importantly, trucks – in […]
CALGARY, Alberta — Canadian Pacific and Kansas City Southern have rounded up broad support for their proposed merger, which would create the first railroad to operate in the U.S., Canada, and Mexico. The railways announced yesterday that they have received support statements from 259 shippers, other railroads, economic development authorities, and ports. Shipper sentiment will […]
WASHINGTON — Canadian Pacific and Kansas City Southern plan to file their merger application with U.S. regulators on or around June 28 and have proposed a 10-month review of the deal that would create the first railroad to link the U.S., Canada, and Mexico. The railroads told the Surface Transportation Board that their proposed review timetable […]
CALGARY, Alberta — Canadian Pacific’s proposed acquisition of Kansas City Southern will unite the two smallest Class I railroads and create the only North American system that will operate in the U.S., Canada, and Mexico. The combination of the 12,500-mile CP and 6,700-mile KCS, announced today, is a classic end-to-end merger: The railways currently interchange in […]
Tuesday morning rail news: Ontario short line train derails, demolishing vehicles, shed A reported runaway situation led to the derailment of a Goderich-Exeter Railway train on Monday in Goderich, Ontario, CTV News reports, demolishing a tractor-trailer, pickup truck, and shed before coming to a halt. An officer of the Ontario Provincial Police told the news […]
In a year when all of the big Class I railroads lost volume due to the economic impact of the pandemic, Canadian Pacific came out on top. CP’s volume declined 2.2% in 2020, well above the average 6.8% decline of the big six systems, according to a Trains News Wire review of the railroads’ weekly […]
Notable developments that may not received their due because of the pandemic: Plans were announced or trials began for automated trains, especially in Europe While multiple subway and airport people-mover systems around the world use driverless trains, mainline operation without drivers has until now been restricted to Western Australia, where heavy iron ore trains operate […]
VANCOUVER, B.C. — A slimmed-down, once-weekly VIA Rail Canada Canadian has resumed operation on the train’s route west of Winnipeg, Manitoba, operating with few of the features that defined the train prior to the COVID-19 pandemic. Canada’s strict travel restrictions between provinces during the pandemic are a significant reason the Canadian and the Montreal-Halifax, Nova […]
CALGARY, Alberta — Canadian Pacific has announced a program it says will develop North America’s first line-haul hydrogen-powered locomotive, retrofitting a current locomotive with hydrogen fuel cells and batteries to drive the traction motors. “This is a globally significant project that positions CP at the leading edge of decarbonizing the freight transportation sector,” Keith Creel, […]
Thursday morning rail news: RCMP begins investigation of fatal Canadian Pacific derailment The major crimes unit of the Royal Canadian Mounted Police has opened a criminal investigation into the fatal derailment of a runaway Canadian Pacific train near Field, British Columbia, in February 2019. The CBC reports the investigation is being opened after consultation between […]
The Transportation Safety Board of Canada reports it has issued four safety advisory letters during its ongoing investigation into a June 28, 2019, derailment of a Canadian National train in the St. Clair River tunnel connecting Sarnia, Ontario, and Port Huron, Mich. In an investigation update issued Monday, the TSB reports 46 cars derailed in […]
CALGARY, Alberta — Canadian Pacific’s earnings slumped in the third quarter due to pandemic-related volume declines, but the railway boosted its outlook for the year and expects to set a fourth-quarter operating ratio record as traffic growth accelerates. CP on Tuesday morning reported its operating income decreased 10%, to $779 million, as revenue fell 6%, to […]
