CP

By Jeff Berman · April 11, 2016
The proposed nearly $30 billion merger of Class I railroad heavyweights Canadian Pacific (CP) and Norfolk Southern (NS) has come to an end despite myriad repeated overtures by the former. That was the word from Calgary-based CP, with the company saying today it has officially terminated its efforts to merge with CP, coupled with withdrawing a resolution in which it had asked NS shareholders to vote in favor of good-faith negotiations between the railroads and stating that it will not make any further financial offers or overtures to meet with the NS board of directors.
By Jeff Berman · March 30, 2016
Even though their respective positions on a large-scale merger remain unchanged, Class I railroad carriers Norfolk Southern and Canadian Pacific made their voices heard in regards to CP’s perseverance in wanting to acquire NS in what would represent a roughly $30 billion deal.
By Jeff Berman · November 18, 2015
A recent Bloomberg report indicating that Canadian Pacific Railway Ltd. is looking to acquire Norfolk Southern was confirmed by the Class I railroads in separate statements issued over the past two days.
By Jeff Berman · October 13, 2014
The Wall Street Journal reported that this merger, which would have brought together two of North America’s largest rail operators, was rejected by CSX, adding it was not clear if CP would continue to make further efforts.
By Jeff Berman · February 5, 2013
Class I railroad carrier Canadian Pacific (CP) said this week that Keith Creel has been named president and COO, effective today. Creel joins CP from Canadian National Railway Company (CN), where he served as vice president and chief operating officer.
By Jeff Berman · January 18, 2013
Company officials said that this facility is located on a 300-acre industrial footprint that is strategically positioned adjacent to CP's mainline between Regina and Moose Jaw and increases capacity and service reliability for intermodal customers with enhanced and more competitive services.
By Jeff Berman · January 18, 2013
Company officials said that this facility is located on a 300-acre industrial footprint that is strategically positioned adjacent to CP's mainline between Regina and Moose Jaw and increases capacity and service reliability for intermodal customers with enhanced and more competitive services.
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From the June 2016 Issue
In the wildly unstable ocean cargo carrier arena, three major consortia are fighting for market share, with some players simply hanging on for survival. Meanwhile, shippers may expect deployment shifts as a consequence of the Panama Canal expansion.
WMS Update: What do we need to run a WMS?
Supply Chain Software Convergence: Synchronization Realized
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