September 2021 – Page 2 – Railfanning.org

The Latest

[ June 18, 2025 ] MARTA Board Approves NextGen Bus Network Transit
[ June 16, 2025 ] Operation Lifesaver Launches Inaugural ENS Sign Awareness Day on June 24 Safety
[ June 14, 2025 ] CN to Spend Millions as Part of 2025 Capital Investment Program Canadian National
[ June 14, 2025 ] MARTA Board Adopts Fiscal 2026 Operating Budget Transit
[ June 14, 2025 ] Delaware Federal Court Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger Miscellaneous

Canadian Pacific, Kansas City Southern Enter Into Merger Agreement

Under the deal, CP agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD $31 billion. The deal includes the assumption of $3.8 billion of outstanding KCS debt.

KCS Terminates Merger Plan With CN

Kansas City Southern has terminated its plan to merge with CN.

Louisville Selling Two Miniature Passenger Trains

The Louisville-Jefferson County Metro Government is selling a pair of 2012 Severn Lamb Miniature 24-inch gauge passenger trains on GovDeals, an online auction platform for government agencies and educational institutions to sell surplus equipment.

Kansas City Southern Board: Proposal From Canadian Pacific Railway Could Reasonably Be Expected to Lead to ‘Superior Proposal’

KCS intends to provide CP with nonpublic information and to engage in discussions and negotiations with CP with respect to CP’s proposal, subject in each case to the requirements of the CN merger agreement.

Siemens Mobility Battery Hybrid Streetcars Enter Revenue Service in Charlotte

The latest S700 streetcars from Siemens Mobility entered revenue service for the Charlotte Area Transit system on August 21, 2021.

Kansas City Southern Confirms Receipt of Unsolicited Proposal From Canadian Pacific Railway

Kansas City Southern (NYSE: KSU) (“KCS”) today announced that it has received an unsolicited proposal from Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) reaffirming its interest in acquiring KCS.

STB Rules Against Voting Trust Agreement in Canadian National-Kansas City Merger

The Surface Transportation Board rejected the use of a voting trust agreement to advance the proposed Canadian National Railway and Kansas City Southern Railway merger, striking a potential blow to the agreement.

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