CP Rail Traffic Resumes
Canadian Pacific Railway and its union have entered into binding arbitration, effectively ending the strike. This deal allowed CP to resume the movement of grain, fertilizer and other commodities.
Articles tagged under: Canadian Pacific Railway
Canadian Pacific Railroad Locks Out Workers
Canadian Pacific Railroad locked out workers early Sunday halting operations over a labor dispute. Canada’s Minister of Labor says the railroad and Teamsters Union continue talks with federal mediators at resolving the labor dispute. This lockout is expected to cause…
Potential Canadian Rail Strike
Thousands of workers at Canadian Pacific Railway are threatening to strike this week, potentially disrupting the movement of grain, potash and coal at a time where supply chains are slow. More than 3,000 members at the Teamsters Canada Rail Conference…
CP-KCS Merger Facing Opposition in the Chicago Area
A coalition of eight Chicago-area suburbs have filed a complaint with the Surface Transportation Board, saying the merger of Canadian Pacific and Kansas City Southern rail lines should not be approved. These communities say the merger will bring more trains…
CP Pushes Back on Concessions Talk
Canadian National, BNSF and Norfolk Southern are seeking concessions from the Canadian Pacific Railway related to its merger with Kansas City Southern. In a call with investors, CP CEO Keith Creel these requests to the Surface Transportation Board for divestitures…
CN Seeks to Intervene in CP-KCS Deal
Canadian National Railway, which lost out in its bid to acquire Kansas City Southern, isn’t done yet. The CN has filed noticed with the U.S. Surface Transportation Board seeking a major divestiture if the Canadian Pacific acquisition of KCS moves…
Mexican Regulators Approve CP and KCS Merger
The Canadian Pacific and Kansas City Southern railroads have received regulatory approval from the Mexican government. This deal still needs approval from shareholders with a vote by CP stockholders on December 8th and Kansas City Southern stockholders on December 10th.…
CP and KCS File Application with the Surface Transportation Board
The Canadian Pacific Railway and Kansas City Southern filed an application with the Surface Transportation Board regarding its plan to create a railroad that links the United States, Mexico and Canada. The merger will result in a dramatic increase in…
STB Reaffirms Approvoal of CP-KCS Voting Trust
The Surface Transportation Board has reiterated its approval of a voting trust for the proposed merger of Canadian Pacific and Kansas City Southern railroads. The STB approved the planned use of a voting trust in May while the deal is…
CP and KCS Have a Deal
The Canadian Pacific Railway and the Kansas City Southern have a deal. CP will pay $27.2 billion in a cash-and-stock agreement. Canadian National was not able to win regulatory approval and dropped its bid. The combination of Canadian Pacific and…
