Canadian Pacific Railway Limited is a leading North American transportation service provider that primarily operates as a freight railway system. The company engages in the movement of various goods across Canada and into the United States, facilitating the efficient transport of bulk commodities, intermodal containers, and other freight services. With a focus on connecting major markets and resources, Canadian Pacific is committed to providing safe and reliable rail transportation solutions while promoting sustainability and innovation within the industry. The company plays a critical role in the supply chain by enabling the seamless flow of goods that supports economic growth and development.
Schneider is set to launch a new Intermodal service providing continuous rail service between points in Mexico and Texas and points in the Southeastern United States. Service on the new route will begin in December.
JACKSONVILLE, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) (CSX), Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX’s and CPKC’s respective applications regarding their acquisition of the rail lines operated by G&W’s Meridian & Bigbee Railroad, L.L.C. (MNBR), which will result in the creation of a new direct CPKC-CSX interchange connection in Alabama.
CALGARY, Alberta and JACKSONVILLE, Fla., June 28, 2023 (GLOBE NEWSWIRE) -- Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today announced they have reached agreements that when completed will create a new direct CPKC-CSX interchange connection in Alabama.
CALGARY, Alberta and JACKSONVILLE, Fla., June 22, 2023 (GLOBE NEWSWIRE) -- Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and CSX Corporation (NASDAQ: CSX) (CSX) today announced their intent to enter into a joint venture for the building and deployment of hydrogen locomotive conversion kits for diesel electric locomotives.
Canadian Pacific Railway Limited (NYSE: CP) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 3.99% on the day to $75.89.
Canadian Pacific (TSX: CP) (NYSE: CP) (“CP”) and Kansas City Southern (“KCS”) said today the U.S. Surface Transportation Board (“STB”) issued a decision approving the CP and KCS joint merger application, subject to certain conditions, thereby authorizing the two railways to combine to form Canadian Pacific Kansas City (“CPKC”), the first single-line railway connecting the U.S., Mexico and Canada.
Kansas City Southern (KCS), Canadian Pacific (TSX: CP) (NYSE: CP), GATX (NYSE: GATX), Monterrey Metropolitan Rotary Club (Rotary) and NASCO today announced the launch of the Save the Monarch Butterfly 60,000 Tree Challenge North American Boxcar Tour to raise $100,000 USD. The funds raised will be used to plant 60,000 oyamel trees at El Rosario Monarch Butterfly Sanctuary in Michoacán, Mexico to help reestablish the monarch population. This past week, the Monarch Mariposa Boxcar rolled out of the GATX shop in Hearne, Texas.
FN Media Group Presents USA News Group News Commentary Vancouver, BC – April 7, 2022 – USA News Group –US President Joe Biden is calling for a return to US energy independence for the first time during his presidency, in response to surging gas prices and global supply challenges. The US officially became a […]
Kansas City Southern (NYSE: KSU) (“KCS”) today announced the completion of its sale to Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”). The transaction represents an enterprise value of approximately USD$31 billion. KCS stockholders will receive 2.884 CP common shares and $90 in cash for each share of KCS common stock held and $37.50 in cash for each share of KCS preferred stock held.
Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the Surface Transportation Board (“STB”) has accepted the joint CP-KCS merger application as complete.
Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced they have jointly filed a railroad control application with the Surface Transportation Board (“STB”) regarding the proposed transaction to create Canadian Pacific Kansas City (“CPKC”), the only single-line railroad linking the United States, Mexico and Canada.
San Diego, CA -- (SBWIRE) -- 10/01/2021 -- An investigation was announced concerning whether the takeover of Kansas City Southern is unfair to NYSE:KSU stockholders.
Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$31 billion1, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both boards of directors, values KCS at $300 per share, representing a 34% premium, based on the CP closing price on Aug. 9, 2021, the date prior to which CP submitted a revised offer to acquire KCS, and KCS’ unaffected closing price on March 19, 20212.
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern (NYSE: KSU) ("KCS") today announced that Bartlett Grain, Port of Milwaukee, Asociación Mexicana de la Industria Automotriz A.C. (AMIA) were among stakeholders that filed statements with the Surface Transportation Board (“STB”) in support of the planned combination between the two companies. They join over 405 supporters across the broad spectrum of the transportation supply chain that have filed letters with the STB.
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern (NYSE: KSU) ("KCS") today made a filing with the Surface Transportation Board (“STB”) asserting their right to have the STB review their combination under a waiver the STB granted to KCS in 2001. The filing was made in response to objections to the application of the KCS waiver that were filed with the STB by competitors and others.
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern (NYSE: KSU) ("KCS") today announced that an additional 75 customers, ports, transloads and other stakeholders have filed statements with the Surface Transportation Board (“STB”), bringing the total to more than 375 supporting the planned creation of the first U.S.-Mexico-Canada rail network. The latest support letters once again represent the broad spectrum of the transportation supply chain, including XPO Logistics, CF Industries, Dollarama, Millar Western and Full Circle Ag.
