Kansas City Southern has celebrated the ground breaking of its new International Railroad Bridge spanning the Rio Grande river.
Union Pacific Railroad is partnering with ZTR to build hybrid-electric locomotives, with the first prototype expected to be delivered in 2023.
Kansas City Southern’s (KCS) Board of Directors has deemed Canadian Pacific’s (CP) proposed merger agreement a ‘company superior proposal’.
Canadian Pacific is back in the running in its desire to merge with Kansas City Southern, following the STB's voting trust ruling for CN-KCS.
The Surface Transportation Board has unanimously decided to reject a voting trust as a mechanism in the proposed CN-KCS merger.
Kansas City Southern Board of Directors says the new Canadian Pacific offer is not superior to that made by Canadian National in May.
Canadian Pacific has increased its offer to Kansas City Southern to bring it closer to Canadian National's rival offer.
CP has urged KCS shareholders to vote against approving a merger between KCS and CN before the STB decision on a voting trust is made.
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