The CP-KCS merger creates the first single-line railway connecting Canada, the United States and Mexico. Photo – cpkcr.com Canadian Pacific and Kansas City Southern today formally combined to createCanadian Pacific Kansas City(CPKC), as authorized by theSurface Transportation Bo...
Its declared aim is to double its intermodal business by 2030. Last year Schneider moved more than 450,000 loads to generate $1.3bn in intermodal revenues. Its total revenues for 2022 amounted to $6.6bn. UP had lobbied against the CP-KCS merger and kicked the Canadian carrier out of a ...
May 24, 2021|North America Kansas City Southern board accepts CN’s merger proposal It looks as though the battle between CP and CN for control of US Class 1 railway Kansas City Southern is finally over after KCS accepted CN’s offer on May 21. ...
The authority added that the merger would eliminate the need for interchange between CP and KCS, reducing travel time and allowing the combined operation to compete better through improved service at lower cost. The STB has received more than 450 letters of support for the merger from shipper...
The proposed merger of Canadian Pacific and Kansas City Southern - the first combination of Class I systems in two decades, and likely the last - should win favor in Washington. After all, their comprehensive merger application checks all of the Surface Transportation Board's boxes. More rail ...
"Canadian National has informed (Kansas City Southern) that its proposal "would require the same regulatory approvals as those required under the agreement with Canadian Pacific" and that Canadian National would seek to "obtain[] such regulatory approvals on the same terms as in the merger agreem...