Skip to main content

Railroad News

Categories
Tags
Authors
Teams
Archives
Categories:   All Categories
Suggested keywords
x
Mar
09

CP debuts interline service from Mexico to Chicago

Rail News Home Canadian Pacific 3/9/2022 Rail News: Canadian Pacific
The Mexico-to-Midwest train is a sign of things to come if the Surface Transportation Board approves the merger between CP and KCS, said CP President and CEO Keith Creel. Photo – cpr.ca

Canadian Pacific announced today it has launched the first dedicated intermodal train between Lazaro Cardenas in Michoacan, Mexico, and the U.S. Midwest.

CP worked with Kansas City Southern on an interline basis to launch the first Lazaro Cardenas-to-Chicago train, which was born out of the need to avoid excessive delays due to the unprecedented and ongoing supply chain challenges affecting North America's West Coast, CP officials said in a press release.

Continue reading

Copyright

© © Trade Press Media Group, Inc.

Mar
09

CP debuts interline service from Mexico to Chicago

Tags:
Canadian Pacific

Copyright

© © Trade Press Media Group, Inc.

Mar
08

Rail unions launch petition drive on attendance policies

Copyright

© © Trade Press Media Group, Inc.

Mar
08

HDR to study feasibility of freight-rail line in New Mexico

Copyright

© © Trade Press Media Group, Inc.

Mar
08

DCTA CEO Suarez to step down

Copyright

© © Trade Press Media Group, Inc.

Mar
08

Maryland Purple Line light-rail project obtains TIFIA loan

Copyright

© © Trade Press Media Group, Inc.

Mar
08

Report: Ackman's Pershing Square fund acquires new stake in CP

Copyright

© © Trade Press Media Group, Inc.

Mar
08

Report: Ackman's Pershing Square fund acquires new stake in CP

Rail News Home Canadian Pacific 3/8/2022 Rail News: Canadian Pacific
Billionaire investor William Ackman and his hedge fund Pershing Square Capital Management has a new stake in Canadian Pacific worth CA$280 million, according to news media reports.The investment makes Pershing Square one of CP's top 20 shareholders, reuters.com reported yesterday.Pershing Square reported owning 2.8 million CP shares as of Dec. 31, 2021, according to a March 7 regulatory filing cited in the report.The hedge fund began buying into the railroad in September 2011, but was forced to sell five years later to pay back investors as the fund faced losses. Ackman called those sales one of the firm's "greatest investment regrets," reuters.com reported.

Copyright

© © Trade Press Media Group, Inc.

Mar
08

Report: Ackman's Pershing Square fund acquires new stake in CP

Tags:
Canadian Pacific

Copyright

© © Trade Press Media Group, Inc.

Mar
08

FTA allocates billions in ARP funds for transit service

Copyright

© © Trade Press Media Group, Inc.

Mar
07

Rail supplier news from UTLX, AITX and Hub Group (March 7)

Copyright

© © Trade Press Media Group, Inc.

Mar
07

Graves, Comer launch probe into infrastructure spending

Copyright

© © Trade Press Media Group, Inc.

Mar
07

BART, Hampton Roads transit agency to receive millions in ARP funds

Copyright

© © Trade Press Media Group, Inc.

Mar
07

Sea Lead Shipping brings first U.S. east coast container service to Jaxport

Copyright

© © Trade Press Media Group, Inc.

Mar
07

Indiana Rail Road promotes Haire to AVP of IT

Copyright

© © Trade Press Media Group, Inc.

Mar
07

AG coalition, RSI urge PHMSA to allow LNG by rail

Copyright

© © Trade Press Media Group, Inc.

Mar
04

Rail supplier news from PowerRail, Amsted Rail and Masabi (March 4)

Copyright

© © Trade Press Media Group, Inc.

Mar
04

Illinois bills would allocate funding for new passenger-rail network

Copyright

© © Trade Press Media Group, Inc.

Mar
04

NYCT subway cars begin final journey to Ohio

Copyright

© © Trade Press Media Group, Inc.

Mar
04

STB sets schedule for evidence in Amtrak-CN dispute

Copyright

© © Trade Press Media Group, Inc.