Insights and Stories on Cp

B.C. calls emergency, expects more deaths from 500-year flood

Nov. 17, 2021 at 5:28 pm CST

Abbotsford | Reuters — The death toll in Canada from massive floods and landslides that devastated parts of British Columbia is set to rise, with the province declaring a state of emergency on Wednesday. Authorities have so far confirmed one death after torrential rains and mudslides destroyed roads and left […]

B.C. rains shut CN, CP mainlines and Highways 1, 7

Nov. 16, 2021 at 2:45 pm CST

By Dave Bedard

CN CEO to retire as investor pressure weighs

Oct. 19, 2021 at 5:22 pm CDT

By Reuters

No evidence trains sparked Lytton fire, TSB says

Oct. 14, 2021 at 9:49 pm CDT

By Dave Bedard

CP, Kansas City lock in new deal as CN steps out

Sep. 15, 2021 at 6:38 pm CDT

By Dave Bedard

Kansas City Southern plans to accept CP’s bid

Sep. 13, 2021 at 2:09 am CDT

Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to sell itself to Canadian National Railway. CN now has until the end of Friday to submit a better offer or […]

By Reuters

U.S. regulator rejects CN’s voting trust to buy Kansas City Southern

Aug. 31, 2021 at 6:44 pm CDT

Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of U.S. peer Kansas City Southern. The decision was a blow to the deal that would create the first direct railway […]

By Abhijith Ganapavaram Shreyasee Raj

U.S. railway’s board sticks with CN’s bid

Aug. 19, 2021 at 5:14 pm CDT

The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian […]

By Dave Bedard

Exemptions, extensions to be granted for rail crossing upgrades

Jul. 21, 2021 at 3:28 am CDT

Some farmer-owned field-to-field grade crossings over Canadian rail lines are now expected to be exempted altogether from looming federal requirements for safety upgrades. Proposed amendments to the Grade Crossings Regulations, announced June 18 by Transport Minister Omar Alghabra, this week cleared their 30-day public comment period. The amendments are expected […]

By Dave Bedard

Lytton bridge re-opened but grain movement ‘hit and miss’

Jul. 15, 2021 at 4:31 pm CDT

Canadian National Railway’s fire-damaged bridge at Lytton, B.C. reopened for traffic Tuesday — but all train movement, including for grain, through British Columbia’s wildfire-ravaged southern Interior, is “hit and miss” and will remain so until the fire risk lessens. “Both (CN and Canadian Pacific Railway) are having troubles because there […]

By Allan Dawson