WASHINGTON — Federal regulators today gave the green light to the historic merger of Canadian Pacific and Kansas City Southern. Their $31.6 billion deal — thought to be the last merger between two Class I railroads — redraws the North American rail map by creating the first railroad linking Canada, the U.S., and Mexico. The […]
MONTREAL — Canadian Pacific mechanical workers represented by Canadian union Unifor have ratified a two-year contract with CP, the union announced Thursday. The agreement, which runs through Dec. 31, 2024, covers approximately 1,200 workers who maintain and inspect locomotives and freight cars, and produce components for rolling stock and track. The union said the agreement […]
CALGARY, Alberta — Canadian Pacific reported strong fourth quarter earnings on Tuesday and expects to see volume growth this year despite economic uncertainty. The railway’s earnings call was a sideshow to the main event: The pending Surface Transportation Board decision on the proposed CP-Kansas City Southern merger. “We finished the year with the people, capacity […]
WASHINGTON — The Canadian Pacific-Kansas City Southern merger would cause few adverse environmental impacts aside from increased train noise in some locations, the Surface Transportation Board said in its final environmental impact statement today. The three-volume environmental impact statement, or EIS, incorporates comments the STB received at public hearings along CP and KCS routes in […]
WASHINGTON — The Surface Transportation Board’s final decision on the proposed Canadian Pacific-Kansas City Southern merger has been delayed and likely won’t come until late February at the earliest. Today was the statutory deadline for the board to issue its decision on the first merger of Class I railroads in more than two decades. But […]
CHAPLIN, Saskatchewan — The Transportation Safety Board of Canada is sending a team of investigators to examine a Canadian Pacific derailment that occurred early Monday morning in Chaplin, Sask., Global News reports. The derailment, shortly after midnight, involved 47 railcars and 95 containers, according to preliminary information. No hazardous materials were involved, CTV News reports; […]
Union Pacific and Canadian Pacific were the only major Class I railroads to show volume growth in 2022. UP took the crown among the top six systems, with its overall traffic up 2%. The increase was driven by a 5% gain in carload traffic, including a 9% jump in coal volume. UP’s intermodal traffic was […]
MONTREAL — A Quebec judge has found that Canadian Pacific is not liable in the 2013 runaway-train disaster that killed 47 people in Lac-Mégantic, Quebec. The Canadian Press reports that Justice Martin Bureau ruled Wednesday that the actions of which Canadian Pacific was accused were not the “direct, immediate and logical cause” of the July […]
MACOUN, Saskatchewan — Two cars carrying liquefied petroleum gas were involved in the fire following the derailment of a Canadian Pacific train near Macoun on Thursday, CP has reported. The news site Saskatchewan Today says the railroad reports no injuries occurred in the accident about 10 a.m. on Thursday. The fire continued to burn as […]
MACOUN, Saskatchewan — A derailment and fire involving a Canadian Pacific train near the town of Macoun has closed a highway and led to the evacuation of a small number of homes, the Regina Leader-Post reports. At least four homes were evacuated and Provincial Route 39 was closed because of the fire involving an unknown […]
CALGARY, Alberta — Canadian Pacific has released a video of 4-6-4 No. 2816 being moved into its Calgary shop for overhaul. According to CP, No. 2816 is “being prepped for a special cross-continental trip from Calgary to Mexico City to celebrate completion of the proposed CP-KCS merger, pending regulatory approval, and the connecting of a […]
NEW YORK — Canadian Pacific’s experimental hydrogen-powered locomotive made its maiden revenue run last month in Calgary, Alberta, taking the first step in determining whether the technology could one day replace diesel-electric locomotives. “I’ll tell you, the excitement around it, the potential of it, is real,” CEO Keith Creel told the RailTrends conference on Tuesday. […]
