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Canadian Pacific to Acquire Kansas City Southern

March 22, 2021 Railfanning.org News Wire

Canadian Pacific Railway and Kansas City Southern announced their intention to merge, a move they say will create the first Canada-to-Mexico rail network.

Canadian Pacific Railway Reports Second Quarter Revenues Down 9 Percent

July 23, 2020 Railfanning.org News Wire

Canadian Pacific Railway reported second-quarter revenues of $1.79 billion, down 9 percent from a year ago.

A Brief Overview of Legislation and Regulation Leading to Positive Train Control

June 4, 2019 Special to Railfanning.org

Congress and federal authorities have expressed their interest in some level of automatic train control (ATC) for more than a century.

Former FRA Administrator: Railroads Have Made ‘Substantial Progress’ on PTC

May 2, 2019 Railfanning.org News Wire

The nation’s railroads have made significant strides implementing Positive Train Control (PTC), a former Federal Railroad Administration (FRA) administrator says.

GE Transportation Secures 225 Orders for Locomotive Modernizations

March 30, 2018 Railfanning.org News Wire

The modernization program updates aging locomotives with customized solutions that range from simple changes, including control system upgrades, to complex restorations, such as the comprehensive transformation of an aged DC locomotive into an AC locomotive outfitted with state-of-the-art digital technology.

Rail Volume Down 5 Percent in 2016, AAR Says

January 10, 2017 Railfanning.org News Wire

Total rail traffic volume in the United States in 2016 was 26,587,351 carloads and intermodal units, down 5 percent or 1,389,323 carloads and intermodal units from the same point last year.

Genesee & Wyoming Buying Providence and Worcester Railroad

August 15, 2016 Railfanning.org News Wire

Genesee & Wyoming Inc. is buying Providence and Worcester Railroad Co. for approximately $126 million (or $25 per share).

Canadian Pacific Ends Effort to Merge with Norfolk Southern

April 11, 2016 Railfanning.org News Wire

Canadian Pacific Railway Ltd. today said it has terminated efforts to merge with Norfolk Southern Corp.

Canadian Pacific to Seek STB Declaratory Order

February 16, 2016 Railfanning.org News Wire

Canadian Pacific today said it will seek a declaratory order from the U.S. Surface Transportation Board (STB) to confirm the viability of the voting trust structure that CP has suggested as part of its proposed merger with Norfolk Southern Corp.

CP Asks DOJ to Review Railroads’ Statements, Actions

January 19, 2016 Railfanning.org News Wire

Canadian Pacific has submitted a letter to the U.S. Department of Justice, asking it to review recent actions and statements made by a number of major U.S. railroads, the railroad said.