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Transport Canada has ordered Canadian Pacific to stop leaving trains unattended without setting handbrakes near the site of 2019’s fatal runaway accident on Kicking Horse Pass after a February incident, the CBC reports, but the railroad is disputing the regulator’s assertion that the event in question constituted “an immediate threat.” In question is a Feb. […]
The Canadian Pacific acquisition of Kansas City Southern should help the railroads develop new business — including diverting truck traffic to rail — but the $29 billion deal announced on Sunday could face regulatory hurdles and opposition from shippers and other Class I systems. CP and KCS executives touted the potential for traffic growth that would […]
CALGARY, Alberta — Canadian Pacific and Kansas City Southern executives say combining their railroads into the first system linking Canada, the U.S., and Mexico will generate significant traffic growth across all commodities. “What a historic day,” CP CEO Keith Creel said during a Sunday afternoon investor webcast where executives touted the $29 billion deal to create […]
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 […]
CALGARY — Canadian Pacific will buy Kansas City Southern in a cash and stock transaction worth approximately $29 billion, CP has confirmed. Financial Times first reported the story Saturday night. In an announcement posted Sunday morning, CP said the deal has the approval of both boards of directors, and confirms the previously reported price valuing […]
Cuyahoga Valley Scenic Railroad to resume operation May 1 Ohio’s Cuyahoga Valley Scenic Railroad will resume operation May 1 with National Park Scenic rides operating through Cuyahoga Valley National Park. Trains will operate three days a week (Friday through Sunday) in May and five days a week (Wednesday through Sunday) beginning in June. “We look […]
Caltrain schedule changes include two more weekday trains Caltrain will make schedule changes as of March 22, adjusting its weekday and weekend schedules to support regional transit connections. In a press release, the commuter railroad says the changes will maintain connections with BART at the Millbrae Transit Center to coincide with BART’s March 22 schedule […]
Hitachi Rail finalizes contract to build up to 800 DC Metro cars Hitachi Rail has received a contract worth up to $2.2 billion to build new 8000-series railcars for the Washington Metropolitan Transit Authority, finalizing a decision and setting financial terms for a deal first reported in October. The initial contract with DC Metro is […]
Union Pacific’s Fritz says railroad’s process of getting vaccine for workers has been complex Union Pacific CEO Lance Fritz says railroad employees have begun receiving COVID-19 vaccinations, but that the process is a challenging one. “We serve 23 western states, and in every state the process to get a vaccine into an arm is different,” […]
Crew misunderstanding, lack of ‘physical defenses’ play part in CP Calgary accident, TSB says A yard crew’s misunderstanding of track permission granted to an intermodal train, along with a lack of “physical defenses” such as signals, led to a collision and derailment of two Canadian Pacific trains near Calgary’s Alyth Yard in March 2019, the […]
Savannah port sees first traffic at new container terminal; rail capacity project advances The Port of Savannah, Ga., has welcomed the first container ship to call on its Ocean Terminal, partially converted from roll-on/roll-off cargo to handle container traffic. The Savannah Morning News reports the conversion adds 210,000 twenty-foot-equaivalent units, or TEUs — the standard […]
LA Union Station to host part of Oscars ceremony Los Angeles Union Station will be one of the two venues for this year’s Academy Awards ceremony, Variety reports. The station, built in 1939, is a frequent setting for films, but has never been part of the Oscars. It will be used this year, along with […]
