Kansas City Southern

STB to CP-KCS: Resubmit Data From Proposed Merger Filings

The Surface Transportation Board (STB) is calling on merger partners Canadian Pacific (CP) and Kansas City Southern (KCS) to resubmit by May 27 traffic density data that will be used in analyzing the environmental and transportation impacts of their combination.

“I’m proud of the way CP’s team of professional railroaders managed the difficult operating environment they faced in the first quarter of 2022,” CP President and CEO Keith Creel said during an April 27 earnings announcement.

Creel: Following ‘Difficult’ 1Q22, CP ‘Building Momentum’ (UPDATED, Cowen)

Canadian Pacific’s (CP) first-quarter 2022 results—including revenues that fell 6% and a reported operating ratio that deteriorated by 1,070 basis points from first-quarter 2021—“reflected the impact of last year’s drought on Canadian grain volumes, harsh winter operating conditions and the effects of a work stoppage,” President and CEO Keith Creel said.

Among the officials participating in the Baton Rouge-New Orleans passenger rail inspection trip were (pictured left to right): Kansas City Southern President and CEO Pat Ottensmeyer, who supplied the train; Amtrak President and CEO Stephen Gardner; Canadian Pacific President and CEO Keith Creel; Louisiana Gov. John Bel Edwards; Louisiana Department of Transportation and Development Secretary Shawn D. Wilson; and FRA Administrator Amit Bose. (Amtrak Photo by Tom Davidenko)

Watch: New Orleans-Baton Rouge Inspection Trip

Amtrak’s proposal to launch Baton Rouge-to-New Orleans service advanced April 20 with a rail line inspection trip taken by Louisiana Gov. John Bel Edwards, Amtrak President and CEO Stephen Gardner, and other federal, state and railroad officials.

Pat Ottensmeyer, President and CEO, Kansas City Southern

CEO PERSPECTIVE: Competing on a Global Scale

As part of a special series in Railway Age’s March 2022 issue, 11 North American railroad CEOs address what must be done to grow and gain market share from competing freight transportation modes. Here, Pat Ottensmeyer, President and CEO of Kansas City Southern, is the 5th to share his perspective.

Construction is slated to start this summer on the 665-acre CentrePort Canada Rail Park in the capital region of Winnipeg, Manitoba.

Winnipeg Rail Park Project Moving Forward

The Manitoba (Canada) government and CentrePoint Canada Inc. on March 25 reported their selection of Focus Equities Inc. as the developer of a Winnipeg rail park, to be served by BNSF, Canadian Pacific (CP) and CN.

STB to CP-KCS: Clarify Data From Proposed Merger Filings

The Surface Transportation Board (STB) on March 16 asked merger partners Canadian Pacific (CP) and Kansas City Southern (KCS) to address an apparent “inconsistency in the calculation of traffic density numbers” that were submitted to the STB and to the STB’s Office of Environmental Analysis regarding their proposed combination.

Amtrak President and CEO Stephen J. Gardner (right) recognized CP President and CEO Keith Creel with an award for earning an “A” on the Amtrak 2021 Host Railroad Report Card, which ranks Class I railroads for keeping its trains on time. The two are pictured at Amtrak Chicago Union Station.

Amtrak Issues 2021 Host Railroad Report Card

Amtrak has issued a 2021 Host Railroad Report Card, ranking the Class I railroads for keeping Amtrak intercity passenger trains on time, and presented an award to Canadian Pacific (CP) for earning its sixth-consecutive “A” grade.

CP, KCS: First Lázaro Cárdenas-Chicago Interline Service

The first dedicated intermodal train between Lázaro Cárdenas and the U.S. Midwest arrived at Canadian Pacific’s (CP) Bensenville Yard in the Chicago area on March 8, reported CP, which worked with merger partner Kansas City Southern (KCS) on an interline basis for the move.

BNSF to STB: Ensure Cross-Border Competition

BNSF is asking the Surface Transportation Board (STB) to impose conditions that preserve competition, particularly at the U.S.-Mexico border, if the proposed Canadian Pacific-Kansas City Southern merger is approved.