Canadian Pacific Railway

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First Rail Network to Connect US, Mexico, Canada Set in Motion

Canadian Pacific Railway Limited acquires Kansas City Southern, the company's third in the United States, which will result in a U.S.-Mexico-Canada rail network in the near future.

Canadian Pacific

Strike Ends: Canadian Pacific Rail Reaches Agreement With Teamsters

Canadian Pacific Rail reached a tentative deal with teamsters.

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Canadian Pacific Partnership Opens Rail to Midwest Agriculture Exports

The agreement with Genesee & Wyoming Inc. and Bluegrass Farms of Ohio will open the Ohio Valley to its intermodal customers and further extend its reach into key North American heartland markets.

Canadian Pacific Railway Ltd. (CP) has terminated efforts to merge with Norfolk Southern Corp. (NS), including the withdrawal of a resolution asking NS shareholders to vote in favor of good-faith negotiations between the two companies.

Canadian Pacific Railway Inc. Scraps Merger Bid For Norfolk Southern Corp.

CP proposed the creation of what it called an end-to-end railroad that would enhance competition, ease freight congestion now and into the future, improve service to shippers, better support the economy and generate significant shareholder value for both.

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Canadian Pacific Presses Forward On Norfolk Southern Merger, Asks Justice Department To Investigate Objections

Canadian Pacific has filed a complaint with the U.S. Department of Justice asking antitrust authorities to look into whether major U.S. railways have conducted an illegal co-ordinated effort to block industry consolidation.

Sen. Joe Manchin, D-W.Va., is calling for a Senate hearing on a proposed merger between Canadian Pacific Railway and Norfolk Southern, which he has dubbed a 'Wall Street takeover' of a prominent U.S. freight company.

Sen. Joe Manchin Calls For Senate Hearing On Canadian Pacific Railway/Norfolk Southern Merger

Manchin, a member of the Senate Commerce, Science and Transportation Committee, said the proposed merger "is an attempt by a Wall Street titan to purchase and dismantle an American rail company that has provided jobs for hundreds of West Virginians.”

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First Rail Network to Connect US, Mexico, Canada Set in Motion

Canadian Pacific Railway Limited acquires Kansas City Southern, the company's third in the United States, which will result in a U.S.-Mexico-Canada rail network in the near future.

CanadianPacific rail 56c200b3f1a65

Canadian Pacific Partnership Opens Rail to Midwest Agriculture Exports

The agreement with Genesee & Wyoming Inc. and Bluegrass Farms of Ohio will open the Ohio Valley to its intermodal customers and further extend its reach into key North American heartland markets.

Canadian Pacific Railway Ltd. (CP) has terminated efforts to merge with Norfolk Southern Corp. (NS), including the withdrawal of a resolution asking NS shareholders to vote in favor of good-faith negotiations between the two companies.

Canadian Pacific Railway Inc. Scraps Merger Bid For Norfolk Southern Corp.

CP proposed the creation of what it called an end-to-end railroad that would enhance competition, ease freight congestion now and into the future, improve service to shippers, better support the economy and generate significant shareholder value for both.

CanadianPacific rail 56c200b3f1a65

Canadian Pacific Presses Forward On Norfolk Southern Merger, Asks Justice Department To Investigate Objections

Canadian Pacific has filed a complaint with the U.S. Department of Justice asking antitrust authorities to look into whether major U.S. railways have conducted an illegal co-ordinated effort to block industry consolidation.

Sen. Joe Manchin, D-W.Va., is calling for a Senate hearing on a proposed merger between Canadian Pacific Railway and Norfolk Southern, which he has dubbed a 'Wall Street takeover' of a prominent U.S. freight company.

Sen. Joe Manchin Calls For Senate Hearing On Canadian Pacific Railway/Norfolk Southern Merger

Manchin, a member of the Senate Commerce, Science and Transportation Committee, said the proposed merger "is an attempt by a Wall Street titan to purchase and dismantle an American rail company that has provided jobs for hundreds of West Virginians.”

The Teamsters Rail Conference represents more than 70,000 active railroad workers whose constituent unions are the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Brotherhood of Maintenance of Way Employes Division (BMWED).

Teamsters Oppose Canadian Pacific/Norfolk Southern Merger

The Teamsters Rail Conference stated its opposition to the forced takeover attempt in a letter from Rail Conference President Dennis R. Pierce to the Surface Transportation Board (STB) dated January 18, 2016.

CP believes it is unfortunate that the company must take the very serious step of writing to the Department of Justice but ultimately concluded the unprecedented action of major competitors organizing to block a new entrant from enhancing competition to the U.S. merited the attention of the antitrust authorities.

Canadian Pacific Petitions Justice Department In Norfolk Southern Corp. Takeover Bid

CP is asking the U.S. Department of Justice to review recent actions by a number of major U.S. railroads who have stated publicly that they are organizing a collective campaign to block significant mergers in the railroad industry.

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Feds To Scrutinize Safety Of Canadian Pacific Railway/Norfolk Southern Merger

The Federal Railroad Administration, which regulates safety for the U.S. industry, expects to scrutinize the "significant safety hurdles" that would result from merging any of the nation's major railroads.

Canadian Pacific Railway Ltd., the second-biggest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry.

Canadian Pacific Revises Offer For Norfolk Southern Corp.

Canadian Pacific has added contingent value rights (CVR) to the offer, which increase the overall value of the offer and also protect the value to NS shareholders going forward.

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Canadian Pacific Railway Seeks Merger With Norfolk Southern

In announcing the merger, CP said it was confident it could satisfy the concerns of regulators on both sides of the border, adding the deal could create a company with the potential for faster earnings growth than either railway could achieve on its own.

Canadian Pacific Railway Ltd., the second-biggest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry.

Canadian Pacific Railway Seeking To Acquire CSX Corp.?

A move for Norfolk Southern, the second-biggest railroad in the eastern U.S., would revive Canadian Pacific’s effort to build a transcontinental carrier after talks with CSX Corp. failed last year.