CP challenged by Canadian grain shortfall 10.21.2021 By Eric Schroeder Third-quarter income falls 21%.Read More
Done deal? CP enters agreement to acquire KCS 09.15.2021 By Susan Reidy KCS owes CN $1.4 billion for terminating proposed merger.Read More
Rail reversal: KCS back on board with CP’s proposal 09.14.2021 By Eric Schroeder Decision comes in wake of STB’s rejection of CN’s voting trust agreement.Read More
STB rejects use of voting trust in CN-KCS deal 09.02.2021 By Eric Schroeder Railways must now go back to the drawing board; CP re-enters the pictureRead More
KCS rejects CP’s latest proposal 08.13.2021 By Eric Schroeder Board reaffirms recommendation to accept offer from CN.Read More
CP escalates bidding war with new offer for KCS 08.10.2021 By Eric Schroeder New proposal represents an enterprise value of approximately $31 billion.Read More
CP sets new crop year grain shipping record 08.05.2021 By Holly Demaree-Saddler This is the fourth consecutive year it has broken its annual movement record.Read More
CN, KCS file for voting trust approval with STB 05.26.2021 By Holly Demaree-Saddler Committed to divesting a portion of overlapping rail line to create an end-to-end merger.Read More
KCS switches course, now calls CN offer ‘superior proposal’ 05.14.2021 By Eric Schroeder CP now has five business days to negotiate amendments.Read More
Late-arriving equipment irks US grain shippers 04.29.2021 By Matt Noltemeyer In some cases late arrivals stretched beyond 45 days.Read More