My memorable summer of 1959

CP3422

CP Consolidation 3422, pictured at North Bay, Ont., in October 1954, was among the engines author Quastler came to know during his 1959 summer at London, Ont. Mert Leet In that memorable summer, I was 18 and about to enter my sophomore year in college. My father worked for a Detroit firm that had a […]

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Head-on

  With a fresh crew on board, a westbound Canadian Pacific freight departs Portage, Wis., and chases the setting sun on June 21, 2014. Photo by Matt Krause […]

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Drew’s Trackside Adventures: Episode 30 – Thompson River Trek

In this extended-length episode, you’ll come to appreciate just how quickly real railroads (and Drew) can be humbled by Mother Nature! This time, Drew, Kent, and Charlie Conway forge through desert-like heat, high winds, and rugged terrain in Canada’s Thompson River Canyon. The action on Canadian Pacific and Canadian National main lines sizzles too, as […]

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Drew’s Trackside Adventures: Episode 30 – Thompson River Trek

In this extended-length episode, you’ll come to appreciate just how quickly real railroads (and Drew) can be humbled by Mother Nature! This time, Drew, Kent, and Charlie Conway forge through desert-like heat, high winds, and rugged terrain in Canada’s Thompson River Canyon. The action on Canadian Pacific and Canadian National main lines sizzles too, as […]

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Hard charging

  Not looking like a Canadian Pacific train, empty frac sand train No. 691 rolls through Bangor toward Oakdale, Wis., with three Union Pacific SD70ACes leading the charge on Jan. 25, 2014. Photo by Matt Krause […]

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Voting trusts, what they mean in a CP deal for NS NEWSWIRE

VotingTrusts

Former Illinois Central SD40-3 No. 6251 leads a Canadian National train near Stewart, Minn., earlier this year. Canadian Pacific’s bid for Norfolk Southern includes provisions for a voting trust of a type last used when CN bought IC in the late 1990s. Matt Krause When Norfolk Southern’s board of directors formally rejected Canadian Pacific’s $28 […]

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UPDATE: CP makes third offer for NS NEWSWIRE

CP

Canadian Pacific slightly sweetened its bid for Norfolk Southern today, offering NS shareholders what amounts to an insurance policy on the stock price of the combined company while the merger is under regulatory review. “We are increasing our offer to NS shareholders by as much as $3.4 billion through the addition of a contingent value […]

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‘The greatest railroader of all time’

Hunter Harrison, Canadian National Railway

Canadian Pacific and Norfolk Southern networks with most major routes shown. Trains: Rick Johnson CALGARY, Alberta — Bill Ackman, Canadian Pacific’s activist shareholder, says in a conference call today that E. Hunter Harrison is the “greatest railroader of all time” and that he is the premium Norfolk Southern shareholders would receive regardless of whether a […]

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