CP

The 16th CN Canadiens Alumni Challenge raised a record $550,000. (CN via Twitter)

Class I Briefs: CN, NS

Canadian National’s (CN) 16th Canadiens Alumni Challenge raises a record $550,000. Also, Norfolk Southern Corporation (NS) returns to conventional hump operations at Moorman Yard in Bellevue, Ohio.

The comment period for STB's Draft EIS for the proposed CP-KCS merger will be extended until October 14, 2022.

STB Extends Public Comment Period for Proposed CP-KCS Merger Draft EIS

In response to a request from “affected communities,” the Surface Transportation Board’s (STB) Office of Environmental Analysis (OEA) issued on Sept. 6 a notice extending the deadline for public comments on the Draft Environmental Impact Statement (EIS) for the proposed acquisition of Kansas City Southern (KCS) by Canadian Pacific (CP) to Oct. 14.

CP presents CHEO Foundation with a check for $2.5 million. Pictured (left to right) are Steve Read, Acting President and CEO, CHEO; Dr. Jane Lougheed, Chief of Cardiology, CHEO Hospital; CP Ambassador, Lorie Kane; Aurora Amos, CP Child Ambassador for 2022 CP Women’s Open; James Clements, CP Senior Vice-President Strategic Planning & Technology Transformation; Laurence Applebaum, CEO Golf Canada; and CHEO bear.

Children, Paula Reto Win Big at CP Women’s Open

Record attendance and incredible performances, including by big winner Paula Reto, during the Canadian Pacific (CP) Women’s Open on Aug. 28 helped CP raise $2.5 million to support the Children’s Hospital of Eastern Ontario (CHEO) Foundation and $510,000 for 2022 CP Women’s Open community partner Perth & Smith’s Fall District Foundation, the railroad reported in a release.

Draft EIS Released for CP-KCS Merger Proposal

The Draft Environmental Impact Statement (EIS) analyzing Canadian Pacific Kansas City’s (CPKC) potential impacts on the environment was issued Aug. 5 by the Surface Transportation Board (STB); comments are due by Sept. 26, 2022.

  • News

KCS, CP, GATX, Rotary, NASCO Team for a ‘Butterfly Effect’ (Updated)

Here’s something probably not too many rail industry people know: The migration path of the Monarch Butterfly, recently declared an endangered species, closely follows the alignment of the combined north-south Canadian Pacific and Kansas City Southern networks, which (pending merger approval by the Surface Transportation Board) will in early 2023 merge to form CPKC (Canadian Pacific Kansas City), North America’s first transnational freight railroad.

“After a challenging first quarter of the year, I’m proud of the resiliency and discipline the CP team demonstrated to deliver these [second-quarter 2022 financial] results,” said Keith Creel, CP President and CEO, on July 28. Railway Age presented Creel and KCS President and CEO Patrick J. Ottensmeyer the 2022 Railroader of the Year Award.

CP’s Creel: Momentum Building Into 2H22 (UPDATED, Cowen)

“The strong demand environment for North American goods and commodities, coupled with our own unique growth initiatives and the promising upcoming Canadian grain crop, gives me confidence that we will continue to see momentum build into the back half of 2022 and beyond,” Canadian Pacific (CP) President and CEO Keith Creel said during a second-quarter 2022 financial report. After a “challenging” first quarter, he noted the Class I railroad saw a sequential improvement in operating ratio—more than 1,000 basis points despite a fuel headwind—and in operating performance.

(Photograph Courtesy of CP via Twitter)

Class I Briefs: BNSF, CP

BNSF this year awarded college scholarships to 49 children of employees or retirees. Also, Canadian Pacific (CP) is expanding its workforce in Revelstoke, British Columbia.