Canadian National – Page 2

News Wire

[ December 19, 2024 ] Amtrak Awards Contracts to Advance Sawtooth Bridges Replacement Project Amtrak
[ December 19, 2024 ] Norfolk Southern Names Michael Barr Vice President Investor Relations and Treasurer Norfolk Southern
[ December 19, 2024 ] FRA Issues Final Rule to Strengthen Freight Car Safety Standards to Help Protect America’s Rail Network and the Public FRA
[ December 18, 2024 ] Dozens of Rail Teamsters Ratify Contracts Miscellaneous
[ December 18, 2024 ] Amtrak Completes Early Construction Activity for Susquehanna River Bridge Project Amtrak

CN Publishes its 2022-2023 Winter Plan

October 5, 2022 Railfanning.org News Wire

CN has published its 2022-2023 Winter Plan, which the company says sets out a wide range of initiatives to ensure the railroad has the capacity and resources to respond safely and efficiently to the needs of customers in the coming winter months.

Impending Rail Strike Estimated to Cost U.S. Economy $2B a Day

September 14, 2022 The Center Square

Billions in economic losses and disruptions to everyday lives of Americans loom with a potential U.S. freight rails strike at the end of the week.

Railroads Prepare Hazardous and Security-Sensitive Materials for Rail Strike

September 14, 2022 Railfanning.org News Wire

The six Class I freight railroads participating in national bargaining have started taking steps to manage and secure hazardous and security-sensitive material shipments.

CN reaches Resolution Agreement with TCI

January 25, 2022 Railfanning.org News Wire

CN said it has entered into a Resolution Agreement with CIFF Capital and TCI.

STB Approves Sale of Rail Lines in Wisconsin and Michigan

December 21, 2021 Railfanning.org News Wire

The Surface Transportation Board (STB) has approved CN’s sale to Watco of non-core lines and assets on approximately 650 miles of branch lines of Wisconsin Central Ltd. in Wisconsin and Michigan.

Canadian Pacific, Kansas City Southern Enter Into Merger Agreement

September 16, 2021 Railfanning.org News Wire

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

September 15, 2021 Railfanning.org News Wire

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

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

September 5, 2021 Business Wire

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.

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

September 1, 2021 Business Wire

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

September 1, 2021 Railfanning.org News Wire

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.