Quebec winter In February 1954, a Canadian Pacific light Pacific on a westbound local freight pants in the siding by the Cookshire, Quebec, depot, waiting for doubleheaded Mikados on a grain train to clear. Jim Shaughnessy photo […]
Quebec winter
Railroad: Canadian Pacific
Analysis: The Precision Scheduled Railroading Pivot to Growth is a myth
If you believe the storyline, Precision Scheduled Railroading has two chapters. The first is an obsession with costs and efficiency that ultimately results in a railroad that moves its tonnage with far fewer locomotives, freight cars, shops, yards, and people. The second chapter is the so-called Pivot to Growth, in which the lean-and-mean railroad uses […]
Acquisition unlocks growth for Canadian Pacific in Eastern Canada
CALGARY, Alberta – A year after acquiring regional railroad Central Maine & Quebec – and regaining a part of its historic shortcut linking Montreal and the Atlantic – traffic growth is exceeding Canadian Pacific’s expectations. CP’s plans to gain transatlantic international intermodal business from Port Saint John, New Brunswick, have come to fruition. New finished vehicle traffic […]
Distinctive Canadian grain hoppers near end of the line
WELLAND, Ontario — The Canadian grain scene is starting to become a lot less cylindrical. For the last 50 years Canadian Wheat Board cylindrical covered hoppers have dominated Canadian rails as the main way prairie farmers moved large grain shipments to coastal ports for export. But with Canadian National and Canadian Pacific investing in new […]
CP, BNSF tell federal regulators they can handle rising traffic volumes
WASHINGTON – Canadian Pacific and BNSF Railway say they have enough crews, power, and other resources to handle surging demand for rail traffic. CP and BNSF are the first two Class I railroads to respond to the Surface Transportation Board’s request for updates about their ability to meet demand. Citing rail service problems, STB Chairman Martin […]
Canadian Pacific goes old school in ad against CN-KCS merger
Canadian Pacific’s campaign against Canadian National’s proposed acquisition of Kansas City Southern took a new turn today with a half-page ad in The Washington Post that featured an editorial cartoon-style illustration – complete with caricatures of the three railroads’ chief executives. CP and CN skirmished on social media while KCS was considering their rival bids. […]
STB seeks more detail on CN-KCS merger, sets timeline for voting trust comments
WASHINGTON – Federal regulators today asked Canadian National to provide more detailed financial information regarding its proposed merger with Kansas City Southern. The Surface Transportation Board, saying that it wants to take a cautious approach to CN’s request to put KCS into a voting trust while their $33.6 billion deal is under review, also set […]
Digest: FRA, FTA release key documents on Gateway tunnel project
Release of environmental report, Record of Decision allows Gateway tunnel project to move forward The Federal Railroad Administration and Federal Transit Administration have issued the final Final Environmental Impact Statement and Record of Decision on the Gateway tunnel project under the Hudson River, which clears the way for the project to receive federal funding. “This […]
Digest: CP says CN plan to sell line in Louisiana fails to address larger competitive concerns
CP calls CN plan to sell KCS line ‘token divestment,’ remains critical of merger’s competitive impact Canadian Pacific says Canadian National’s plans to divest a Kansas City Southern line in Louisiana is “clear recognition” of the competitive issues created by the proposed CN-KCS merger. In a Thursday statement, CP also said the “token divestment” would […]
Kansas City Southern selects Canadian National as merger partner (updated)
KANSAS CITY, Mo. – Kansas City Southern has officially terminated its merger agreement with Canadian Pacific and chosen to partner with Canadian National in a $33.6 billion deal to create the first railroad linking Canada, the U.S., and Mexico. “We are thrilled that KCS has agreed to combine with CN to create the premier railway for […]
CN-KCS merger would make Canadian Pacific an acquisition target, Creel says
CALGARY, Alberta – Canadian Pacific CEO Keith Creel says that if rival Canadian National acquires Kansas City Southern, the merger will destabilize the North American rail network and make CP a target for acquisition by another Class I railroad. CP today made a last-ditch effort to convince the KCS board to abandon its agreement to […]
Canadian Pacific makes final plea for Kansas City Southern to reject CN merger (updated)
CALGARY, Alberta — Canadian Pacific today urged Kansas City Southern to drop its plans to merge with Canadian National, arguing that only a CP-KCS combination could win regulatory approval. “We believe that the KCS Board has a clear path to conclude that the level of risk surrounding a CN-KCS transaction and CN’s ability to close […]
