KCS Donates $500K-plus to Red Cross for Ukraine
Honoring a pledge made in March, Kansas City Southern on May 2 presented $504,530 to the American Red Cross to support the Global Red Cross network’s response to the Ukraine humanitarian crisis.
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.
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.
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.
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.
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 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.