Transport Topics

Canadian Pacific Railway Announces Buyback as Profit Tops Estimates

Canadian Pacific Railway, having failed in its bid to buy Norfolk Southern Corp., will buy back as much as C$1.31 billion ($1.04 billion) of its stock, confirming an effort outlined by CEO Hunter ...
Transport Topics

Kansas City Southern’s Sale to Canadian Pacific Approved

The deal is the nation’s first major rail merger in 25 years. The 212-page decision paves the way to creating the first single-line railroad linking Canada, the United States and Mexico. “This ...
ABC 7 Chicago

Suburban coalition files federal appeal critical of recent railway merger

CHICAGO (WLS) -- Northwest suburban Chicago is beginning to see the impact of the recent $30 billion-plus railway merger of Canadian Pacific and Kansas City Southern. The first new run since the mega ...
Inc

Here’s How the Canadian Rail Strike Affects U.S. Supply Chains

Rail cars outside the Canadian Pacific Railway Toronto Yard in Toronto, Ontario, Canada, on Tuesday, Aug. 20, 2024.. Photo: Getty Images Canadian National Railway (CN) and Canadian Pacific Kansas City ...
SFGate

Why Canadian Pacific Railway's Earnings May Not Be So Hot

Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...