CN has officially asked the Surface Transportation Board (STB) “to condition any approval of a Canadian Pacific-Kansas City Southern merger on the divestiture of the KCS line from Kansas City, Missouri to Springfield and East St. Louis, Illinois (the Kansas City Speedway) to CN, pursuant to the STB’s statutory authority to order ‘the divestiture of parallel tracks’ as a merger condition.”
Nine nominees will stand for election as Board Directors at Canadian Pacific’s (CP) April 27 annual and special meeting.
BNSF and CN last month told the Surface Transportation Board (STB) they may request limited overhead trackage rights and a line divestiture, respectively, due to the proposed merger of Canadian Pacific (CP) and Kansas City Southern (KCS).
The Surface Transportation Board’s Office of Environmental Analysis (OEA) is moving forward with its assessment of Canadian Pacific Kansas City’s (CPKC) potential effects on the environment.
Canadian Pacific (CP) President and CEO Keith Creel is calling 2021 a “historic” year for the Class I railroad; during a Jan. 27 earnings report, he highlighted overcoming “significant operating challenges—devastating network outages in B.C. and extreme cold temperatures”—and closing merger partner Kansas City Southern into voting trust.
Maeghan Albiston has taken on the role of Vice President Capital Markets at Canadian Pacific (CP).
![CP on Jan. 24 shared via Twitter: "The project team is now preparing for field-testing with the H2OEL [pictured]. This is a significant milestone for CP’s Hydrogen Locomotive Program."](https://www.old.railwayage.com/wp-content/uploads/2022/01/Screen-Shot-2022-01-24-at-8.50.50-PM-315x168.png)
Canadian Pacific (CP) on Jan. 24 shared via Twitter a video of its fully painted hydrogen fuel cell-powered linehaul freight locomotive (H20EL), which the railroad said has run under its own power.
Ballard Power Systems will deliver eight additional 200-kilowatt fuel cell modules to Canadian Pacific (CP) this year for its recently expanded Hydrogen Locomotive Program, the supplier reported on Jan. 19.
Canadian Pacific (CP) ranks 34th on the Corporate Knights 2022 Global 100 Index of the most sustainable corporations; it is the first time the Class I railroad has earned on a spot on the annual list.
CN reported on Jan. 13 that it will ask the Surface Transportation Board (STB) “to condition any approval of a Canadian Pacific-Kansas City Southern merger on the divestiture of KCS lines from Kansas City, Missouri to Springfield and East St. Louis, Illinois (the Springfield Line) to CN, pursuant to the STB’s statutory authority to order ‘the divestiture of parallel tracks’ as a merger condition.” CP immediately responded, negatively.