CN is seeking to generate CA$700 million in additional operating income in 2022 through cutting labor and operational costs and seeking pricing opportunities.
Expanding intermodal, grain and automotive offerings would be part of the growth strategy pursued by a merged Kansas City Southern-Canadian Pacific.
OMAHA, Neb. (AP) — As Union Pacific’s CEO, Lance Fritz has had to find ways to keep the freight moving during the coronavirus pandemic as the economy nearly ground to a halt and then roared back to...
The CP- KSU $31-billion deal is expected to close in the first quarter of 2022.
OMAHA, Neb. (AP) — After initially getting derailed this spring, Canadian Pacific's $31 billion acquisition of Kansas City Southern is back on track after Canadian National dropped out of the bidding...
Kansas City Southern returns to its old flame and opts to merge with Canadian Pacific. Rival railway CN acknowledges its merger plans have been scrapped.
Kansas City Southern (NYSE: KSU) ("KCS") today announced that the Company's Board of Directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal...
BEIJING (AP) — Asian stock markets were mixed Tuesday as investors waited for an update on U.S. inflation that has been stronger than expected.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: