KANSAS CITY, Mo. — Kansas City Southern has fired back at Canadian Pacific’s appeal to its stockholders to turn down the proposed merger with Canadian National, saying those stockholders should focus on the fact CN’s offer is worth $50 more per share than the last CP proposal. CP filed a proxy statement asking KCS shareholders […]
CALGARY, Alberta — Canadian Pacific is asking Kansas City Southern stockholders to vote against the railroad’s proposed merger with Canadian National. The railroad filed a proxy statement to that effect on Thursday, with Canadian Pacific CEO Keith Creel saying his railroad would have preferred not to appeal to the KCS shareholders, but that with a meeting […]
WASHINGTON — The chairman of the House Committee on Transportation and Infrastruture has voiced his opposition to a voting trust while regulators consider the proposed merger of Canadian National and Kansas City Southern. Rep. Peter DeFazio (D-Ore.) said in a Monday letter to the Surface Transportation Board that the trust would “reduce competition and prejudice […]
NAISCOOT, Ontario — Two crew members were reported to have suffered minor injuries when a Canadian National train derailed late Saturday, reportedly after hitting a washout. CBC News reports a CN spokesman said a locomotive and 24 empty intermodal cars derailed on Canadian Pacific’s Parry Sound Subdivision; a Transportation Safety Board of Canada representative told […]
CALGARY, Alberta — The Transportation Safety Board of Canada is investigating a grass fire that was reportedly ignited by a Canadian National train in Calgary’s Erin Woods neighborhood on Saturday. The Calgary Herald reports the Calgary Fire Department responded to a report of a grass fire along the CN tracks about 1:40 a.m., using some […]
MONTREAL — Canadian National’s second-quarter earnings bounced back from the pandemic amid growth in virtually every traffic segment, the railway said on Tuesday. “Our results reflect broad-based trends and forward momentum across all of our business, and also the enduring power of our vast and diversified CN network,” CEO JJ Ruest told investors and analysts on […]
FORT WORTH, Texas — BNSF Railway is limiting the flow of international containers from the ports of Los Angeles and Long Beach to its Logistics Park Chicago intermodal terminal for two weeks to work off a backlog of boxes that have built up in the Windy City. “BNSF is metering traffic from the West Coast […]
VANCOUVER, British Columbia — Canadian National and Canadian Pacific were both able to operate rail service through the Thompson and Fraser River canyons on Friday, the Port of Vancouver informed customers, while cautioning that wildfire activity in British Columbia’s interior continues and “impacts to rail operations are evolving and changing quickly.” Both railroads had halted […]
Introduction to the Matteson, Illinois, railfan hotspot Matteson’s status as a truly significant railroad junction dates only to October 2011, when Canadian National completed a new connection between its north-south former Illinois Central line, and its recently acquired Elgin, Joliet & Eastern, the belt line that gave it a way to avoid much of […]
Canadian National and Canadian Pacific main lines in British Columbia are once again both shut down because of wildfires. Meanwhile, in California, Union Pacific is also experiencing additional fire-related disruptions. Container shipper Hapag-Lloyd informed customers on Thursday that CN and CP have halted operations east of Lytton at the request of the B.C. Wildfire Service, […]
LYTTON, B.C. — Less than 24 hours after Canadian National reopened its fire-damaged main line in British Columbia, that line has been shut down again — as has the former British Columbia Railway line that had been used to reroute some traffic. Bloomberg reports CN informed customers on Wednesday that it was suspending operations between […]
Canadian National’s busy main line through the rugged Thompson and Fraser river canyons, which was damaged by a June 30 wildfire that leveled the town of Lytton, British Columbia, is scheduled to reopen this evening (Tuesday, July 13). “In coordination with local authorities and First Nations, CN staff have inspected the area and carried out […]
