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 […]
Railroad: Canadian Pacific
Canadian Pacific Holiday Train to remain sidelined in 2021
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 […]
Quarterly volume split on big six Class I systems (updated)
Traffic on the big six Class I railroads was a mixed bag in the third quarter, as three systems saw gains versus a year ago and three experienced volume declines. For the third quarter, which ended Sept. 30, total volume on the big six systems was up an average of 0.5%, according to a Trains […]
CP shares image of new hydrogen-powered locomotive
CALGARY, Alberta – Canadian Pacific has shared an image of its forthcoming hydrogen-powered locomotive. It shows an EMD cowl-style locomotive in a green, blue, white, and gray paint scheme. According to the railroad’s sustainability website, the locomotive, known as “H2 0EL” for Hydrogen – Zero Emissions Locomotive, will be prepped for its official painting and […]
STB reaffirms approval of CP-KCS voting trust
WASHINGTON — The Surface Transportation Board has reaffirmed its previous approval of a voting trust for the proposed merger of Canadian Pacific and Kansas City Southern, saying the approval granted for CP’s original bid for KCS applies to the amended notice of the companies’ intent to merge. In May, the STB approved the planned use […]
Canadian Pacific debuts commemorative locomotive for Truth and Reconciliation Day
CALGARY, Alberta – Canadian Pacific has unveiled a locomotive that commemorates Canada’s first National Day for Truth and Reconciliation, which will be observed on Sept. 30. CP ES44AC No. 8757 has been painted in an orange livery that bears the motto “Every Child Matters.” The holiday honors the lost children and survivors of Indian Residential […]
CP CEO Keith Creel talks historic KCS merger, CPKC name, operations
Canadian Pacific CEO Keith Creel — who last week won a hard-fought, four month merger battle to acquire Kansas City Southern — is fully aware that the first Class I railroad combination in two decades is history in the making. “We’ve got some history that we’re very proud of with Canadian Pacific. We drove the […]
Canadian Pacific and Kansas City Southern outline merger timetable
KANSAS CITY, Mo. — Canadian Pacific CEO Keith Creel and Kansas City Southern CEO Pat Ottensmeyer expressed excitement today about finally being able to combine their two railways into the first system to connect Canada, the U.S., and Mexico. Their merger deal, officially announced on Wednesday after Canadian National dropped its pursuit of KCS, came […]
‘Canadian Pacific Kansas City’ name is an awkward mouthful: Commentary
Now that the months-long battle for Kansas City Southern is over and Canadian Pacific has been won, let’s get down to the important part for those of us who cover railroading for a living and those of us who have reverence for great railroad titles: the name of the new company that will carry on […]
Canadian National drops pursuit of KCS, clearing way for Canadian Pacific-KCS merger (updated)
KANSAS CITY, Mo. — The four-month battle for Kansas City Southern is officially over. KCS and Canadian National ripped up their $33.6 billion merger agreement today, 15 days after the Surface Transportation Board denied CN’s request to place KCS into an independent voting trust. Canadian Pacific and KCS, with voting trust approval already in […]
Kansas City Southern accepts Canadian Pacific merger offer
KANSAS CITY, Mo. — Kansas City Southern on Sunday accepted Canadian Pacific’s $300 per share merger offer, spurning Canadian National’s higher bid due to its regulatory obstacles. In a midday press release, KCS said its board had determined CP’s revised offer constituted a “Company Superior Proposal” as defined in the agreement with CN. CP extended the […]
CP, Maersk open new Vancouver transload facility
VANCOUVER, British Columbia — Canadian Pacific and container-ship operator Maersk have opened their new Vancouver transload facility, adjacent to the railroad’s Vancouver Intermodal Facility. Construction was completed in August, with operations beginning Sept. 1 and first containers arriving earlier this week. The facility will allow cargo to be moved between international containers and domestic 53-foot […]