Last Sunday, the Canadian Pacific Railway announced that it was purchasing the Kansas City Southern Railway. This is the first merger of big (Class I) railroads since 1996 and will form the first ...
Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s higher bid because of regulatory ...
A wrinkle has emerged in the yearlong, multibillion-dollar battle between rival railroad giants Canadian National Railway and Canadian Pacific Railway Ltd. over which of the Class I railroads will own ...
Canadian Pacific (CP) President and CEO Keith Creel is calling 2021 a “historic” year for the Class I railroad; during a Jan. 27 earnings report, he highlighted overcoming “significant operating ...