Kansas City Southern de Mexico Archives

CPKC cautious heading into 2024

26 October 2023

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The uncertain macroeconomic environment, including when North American consumer sentiment will...

https://www.freightwaves.com/news/cpkc-cautious-heading-into-2024

CPKC using ‘self-help’ strategies to recover $80M lost in Canadian ports strike

28 July 2023

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The work stoppage by members of the International Longshore and Warehouse Union at Canadian West...

https://www.freightwaves.com/news/cpkc-using-self-help-strategies-to-recover-80m-lost-in-canadian-ports-strike

CPKC now offering daily intermodal service between Midwest, Mexico

11 May 2023

Canadian Pacific Kansas City is now offering a daily premium intermodal service running between the U.S. Midwest and Mexico.

This latest offering, which CPKC (NYSE: CP) says will be “the first truck-competitive, single-line rail service option between the Midwest and Mexico,” comes as competing Class I railroads aim to bolster their own transcontinental offerings. Late last month, rival CN (NYSE: CNI) announced it, Union Pacific (NYSE: UNP) and Mexico railway Ferromex would be offering a...

https://www.freightwaves.com/news/cpkc-now-offering-daily-intermodal-service-between-midwest-mexico

Canadian Pacific and Kansas City Southern officially merge

14 April 2023

Friday marks the first day of Canadian Pacific Kansas City (CPKC), the combined company of Canadian Pacific (NYSE: CP) and Kansas City Southern, and ends the journey that officially started just over two years ago in March 2021 when CP first declared publicly its interest in merging with KCS.

“Today, we celebrate this historic combination creating a truly unique single-line rail network that begins a new chapter of railroad history in North America,” CPKC President and Chief Executive Officer...

https://www.freightwaves.com/news/canadian-pacific-and-kansas-city-southern-officially-merge

Canadian Pacific announces leadership of merged company

17 March 2023

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Canadian Pacific on Friday laid out its leadership roster as the railway becomes a merged company...

https://www.freightwaves.com/news/canadian-pacific-announces-leadership-of-merged-company

Rail shippers watching to see whether any benefits come from CP-KCS merger

17 March 2023

Rail shippers are waiting to see whether the merger of Canadian Pacific and Kansas City Southern will actually enhance competition and provide them with more choices.

The Surface Transportation Board issued a decision Wednesday approving the deal, saying CP (NYSE: CP) and KCS would be able to promote competition better as a merged railroad company than as separate entities. The merged company, Canadian Pacific Kansas City or CPKC, is expected to start operating around April 14.

However, STB also...

https://www.freightwaves.com/news/rail-shippers-watching-to-see-whether-any-benefits-come-from-cp-kcs-merger

Regulators OK Canadian Pacific-Kansas City Southern merger

15 March 2023

This story is developing.

The Surface Transportation Board has approved, with conditions, Canadian Pacific’s plans to merge with Kansas City Southern, paving the way for CP to take control of KCS as early as April 14.

The conditions include an “unprecedented” seven-year oversight in which CP (NYSE: CP) and KCS will provide extensive data to STB on issues raised during the approval process, including whether the merged company is preserving efficient interline operations at affected gateways, as...

https://www.freightwaves.com/news/regulators-ok-canadian-pacific-kansas-city-southern-merger

7 takeaways from STB’s hearing on proposed CP-KCS merger

5 October 2022

Last week’s public hearing before the Surface Transportation Board on the proposed merger of Canadian Pacific and Kansas City Southern consisted of three days of testimony spanning over 25 hours on why or why not the merger should proceed.

And the hearing isn’t over yet. Shippers and other stakeholders provided oral testimonies to STB on Monday and Tuesday, while CP (NYSE: CP) is expected to respond to them during a hearing Thursday.

Shareholders of CP and KCS approved the $31 billion merger in...

https://www.freightwaves.com/news/7-takeaways-from-stbs-hearing-on-proposed-cp-kcs-merger

Kansas City Southern touts shovel-ready industrial sites in US South, Mexico

7 September 2022

A Kansas City Southern locomotive sits on railroad track.

Kansas City Southern is letting customers know that it has created an industrial development program for companies seeking shovel-ready sites near its network in the U.S. and Mexico.

The railroad has dubbed the program Certified Premier Sites, which KCS describes as sites that are larger, shovel-ready and preapproved for rail service. The sites also have proximity to highways, workforce availability, access to industrial grade facilities, proper zoning and strong public-private support, KCS said.

https://www.freightwaves.com/news/kansas-city-southern-touts-shovel-ready-industrial-sites-in-us-south-mexico

Borderlands: Kansas City Southern set to build $75 million rail bridge in Laredo

28 August 2022

Kansas City Southern ready to build $75M rail bridge in Laredo

Kansas City Southern is set to begin construction on a second international rail bridge at the Laredo, Texas-Nuevo Laredo, Mexico, border crossing.

Construction is scheduled to begin in October or November and expected to be completed by the end of 2023. The new $75 million rail bridge will parallel Kansas City Southern’s current one across the U.S.-Mexico border, where the Class I railroad already processes about 26 trains a day in a...

https://www.freightwaves.com/news/kansas-city-southern-set-to-build-75-million-rail-bridge-in-laredo

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