Canadian Pacific and Kansas City Southern have scheduled special stockholder meetings for votes on their proposed merger. Both meetings will be conducted online. CP will go first, on Dec. 8 at 11 a.m. EST, for shareholders to vote on the issuance of CP common shares for KCS stockholders. All shareholders of CP common stock as […]
WASHINGTON — The Surface Transportation Board has laid out a 245-day schedule for submission of evidence and arguments on the merger application for Canadian Pacific and Kansas City Southern under a proposal released Tuesday afternoon — envisioning a longer process than the railroads had hoped for. The 245-day plan would proceed from last Friday, Oct. […]
WASHINGTON – Canadian Pacific and Kansas City Southern say their proposed merger will generate significant traffic growth, with daily train counts on the combined system’s north-south spine projected to more than double within three years. The traffic details were among those included in the railways’ 4,342-page, 1-gigabyte merger application filed with U.S. regulators late Friday. […]
CALGARY, Alberta — Canadian Pacific will expand its hydrogen locomotive development program from one locomotive to three after receiving a $15 million grant from Emissions Reduction Alberta. The grant, announced Monday, will also allow the railroad to develop hydrogen production and fueling facilities. It matches the $15 million CP had already planned to invest in […]
WASHINGTON — Canadian Pacific and Kansas City Southern have filed their merger application with the Surface Transportation Board, meeting the companies’ goal of delivering the document to regulators before the end of October. In a press release sent Friday at 10:40 p.m. EDT, the companies said the application to create new combined company Canadian Pacific […]
CALGARY, Alberta — Canadian Pacific has released its 2020 corporate sustainability report, touting its emission reduction targets, development of a hydrogen-powered locomotive, and fuel-efficiency efforts as part of a report that addresses social programs and safety as well as environmental efforts. “We are proud to publish this report, outlining the achievements we have realized on […]
BROOKFIELD, Wis. — One of the last remaining Wisconsin depots on the former Milwaukee Road main line is about to move after being in one place for more than 150 years. The 1867 Brookfield depot will be relocated starting at 10 p.m. on Nov. 4, city Economic Development Coordinator Todd Willis tells Trains News Wire. […]
NORFOLK, Va. — Norfolk Southern CEO Jim Squires warned today that the railroad’s train crew shortages may be exacerbated by the federal COVID-19 vaccination mandate that takes effect on Dec. 8. Like CSX Transportation, NS is experiencing higher than normal attrition among its train crews and is having trouble hiring new conductors due to the […]
CALGARY, Alberta — Higher fuel costs and a disappointing Canadian grain crop weighed on Canadian Pacific’s third-quarter profits, the railway reported today. “There’s certainly challenges ahead as we look forward to our base business. We’ve got a smaller Canadian grain crop, we’ve got some supply chain issues, challenges, that the balance of the industry is also […]
GATINEAU, Quebec — No evidence links railway operations to the fire that destroyed the town of Lytton, British Columbia, in June, the Transportation Safety Board of Canada said in a Thursday news release. This means the TSB’s role in the investigation is complete “unless new information establishes that a TSB reportable event occurred.” The fire […]
WASHINGTON — A Canadian Pacific train operating without functioning positive train control triggered August’s three-railroad, three-train collision in St. Paul, Minn., according to a preliminary report from the National Transportation Safety Board. The preliminary report, released Wednesday, lays out basic facts of the accident but does not draw any conclusions or recommend any actions. The […]
CALGARY, Alberta — Canadian Pacific’s Holiday Train will again be sidelined by COVID-19 considerations in 2021, but the railroad will continue with the actions it took in 2020, donating to food banks and holding an online benefit concert. “The spirit of the Holiday Train is about giving generously and inspiring those around us to give […]
