Canadian Pacific is committed to establishing New Orleans-Baton Rouge passenger service if the railroad’s proposed merger with Kansas City Southern is approved, Senior Vice President of Strategic Planning and Technology Transformation James Clements told Louisiana officials on Dec. 8.
Canadian Pacific (CP) shareholders “overwhelmingly support” the proposed CP-Kansas City Southern (KCS) merger agreement, CP reported on Dec. 8, following a virtual shareholder meeting; the merger would create Canadian Pacific Kansas City (CPKC), the first U.S.-Mexico-Canada rail network.
Canadian Pacific (CP) has received a leadership level score of A- for its 2021 climate change disclosure from global environmental non-profit CDP.
Three Railway Association of Canada (RAC) member railroads have earned the association’s safety and environmental awards for 2021.
The Globe and Mail’s Report on Business magazine has named Canadian Pacific (CP) President and CEO Keith Creel one of five CEOs representing “the best of Canadian corporate leadership, innovation, vision and responsibility” in 2021, plus overall CEO of the Year.
Canadian Pacific (CP) and Kansas City Southern (KCS) have received the required Mexican regulatory pre-transaction control approvals for their proposed combination, Canadian Pacific Kansas City.
The Surface Transportation Board (STB) has accepted for consideration the Canadian Pacific (CP)-Kansas City Southern (KCS) merger application submitted on Oct. 29.
CN has been added to Dow Jones Sustainability Index (DJSI) North America and DJSI World for 2021. In addition, Canadian Pacific (CP) is joining forces with Canadian Music Hall-of-Famer Steven Page and The Strumbellas to fight hunger; CSX has earned a National Defense Transportation Association service award; and Union Pacific (UP) has launched a Business Resource Group focused on the environment.
CN and Canadian Pacific (CP) are donating $100,000 apiece to the Canadian Red Cross to support the 2021 British Columbia Floods and Extreme Weather appeal.
Cowen & Company hosted the Kansas City Southern (KCS) executive team in New York City last week for investor meetings. While challenges across
Mexico continue to hinder railroad operations, discussions with regulatory authorities appear to be moving in the right direction.