CP and KCS merger proposal receives US clearance
(Posted on 03/09/22)
Canadian Pacific Railway Limited has announced that it has received the required regulatory clearance from the Committee on Foreign Investment in the United States ("CFIUS") for the proposed combination of CP and Kansas City Southern ("KCS").
CP is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. KCS is just one interchange away from every major market in North America.
CP completed its acquisition of KCS on 14 December, 2021. Immediately upon the closing of the acquisition, the shares of KCS were placed into a voting trust which ensures KCS will operate independently of CP while the U.S. Surface Transportation Board ("STB") completes its regulatory review of the companies' joint railroad control application to create Canadian Pacific Kansas City ("CPKC"), the only single-line railroad linking the United States, Mexico and Canada.
The STB review of CP's proposed control of KCS is expected to be completed in early 2023.
CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.
Latest News
Antwerp-Bruges stands firm as geopolitical forces reshape trade flows
(Posted on 16/07/26)In the first half of 2026, Port of Antwerp-Bruges handled 133.9 million tonnes of maritime cargo, a... Read more
PD Ports announce Paul Foreman as new CEO
(Posted on 16/07/26)PD Ports, one of the UK’s major port and logistics businesses, announced today that Paul Foreman... Read more
New San Diego bulk sugar import facility to use only electric trucks
(Posted on 03/07/26)The Port of San Diego Board of Port Commissioners has approved an Option to Lease Agreement and authorised... Read more
Expanded partnership through bulk infrastructure development at Khalifa Port
(Posted on 30/06/26)AD Ports Group, an Abu Dhabi based, leading global enabler of integrated trade, industry and logistics... Read more
Port of Hamburg strengthens partnership with China
(Posted on 29/06/26)The Hamburg Port Authority (HPA) and SPG Qingdao Port Group have signed a Port Partnership Agreement... Read more
Contract awarded for Pilbara Ports Zone 5 Bypass Channel
(Posted on 29/06/26)The Cook Labor Government in Australia has welcomed the award of a dredging contract to Jan De Nul ... Read more
Netherlands Parliamentary rules out Maasvlakte II as location for new nuclear power plants
(Posted on 29/06/26)A parliamentary letter in the Netherlands on the selection of a site for the construction of two new... Read more
SSAB’s port operations in Raahe develop safety together with ESL Shipping
(Posted on 25/06/26)The long-term safety cooperation between ESL Shipping and the port of SSAB’s Raahe site is visible... Read more
Liverpool sees 200% rise in fertiliser imports interest amid ongoing uncertainty
(Posted on 22/06/26)The Port of Liverpool is experiencing a surge in demand from fertiliser importers as continued uncertainty... Read more
PD Ports strengthens Teesport bulk handling with £5.4m crane investment
(Posted on 18/06/26)PD Ports has further strengthened its bulk handling capability at Teesport with the arrival of... Read more
