Newsfeeds - Spark Newswire

3 minute read

Breaking: Regulators Reject CN’s Proposed Voting Trust To Acquire KCS

Today, 12:32 PM

The Surface Transportation Board voted unanimously Tuesday to reject the proposed voting trust that CN would use to acquire Kansas City Southern, making the $33.6 billion merger's prospects unclear.

CNI

1 minute read

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UPDATE: Surface Transportation Board Says Not Clear Trust Would Be In Public Interest

By Benzinga Newsdesk

Today, 12:32 PM

-Reuters -Reuters

CNI

1 minute read

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Surface Transportation Board Rejects Use Of Voting Trust In Proposed Merger Between Canadian National Railway And Kansas City Southern Railway

By Benzinga Newsdesk

Today, 12:32 PM

-Reuters-Reuters

CNI

2 minute read

Kansas City Southern To Hold CN-KCS Merger Vote In September

By FreightWaves

Today, 12:32 PM

Kansas City Southern shareholders will wait until Sept. 3 to decide whether they will approve the merger agreement with Canadian railway CN.

CNI

5 minute read

Canadian Grain Shippers, Railroads Brace For Lower Grain Volumes

By FreightWaves

Today, 12:32 PM

Canadian grain shippers expect rail service to match demand this crop year, although lingering service issues from summer wildfires plus broader network capacity concerns are also on their minds. Grain stakeholders anticipate lower volumes this crop year, which runs from Aug. 1 to July 31, 2022, as this summer's drought in western Canada will likely lower crop volumes.

CNI

4 minute read

Freight Rail Interests Press Officials Not To Overregulate

By FreightWaves

Today, 12:32 PM

As major mergers and the infrastructure bill loom, freight rail interests are calling upon federal regulators not to burden their industry with additional mandates that they say could stymie investments for innovation.

CNI

3 minute read

KCS Declines Canadian Pacific’s Revised, $31B Takeover Offer

By FreightWaves

Today, 12:32 PM

Kansas City Southern's board of directors spurned Canadian Pacific's revised offer to acquire KCS, but it could also hold off on a vote that would seal KCS' commitment to merge with CN. <

CNI

1 minute read

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US Surface Transportation Board Sees Ruling On Canadian National, Kansas City Southern Voting Trust Motion By Aug. 31, 2021

By Benzinga Newsdesk

Today, 12:32 PM

-Reuters

CNI

3 minute read

Canadian Pacific Submits Revised Offer To Acquire Kansas City Southern

By FreightWaves

Today, 12:32 PM

This story is developing.

CNI

2 minute read

Canadian National Makes Statement Related To Deal For Kansas City Southern By Canadian Pacific Rail

By Benzinga Newsdesk

Today, 12:32 PM

CN (TSX:CNR, NYSE:CNI) today issued the following statement regarding CN’s proposed, pro-competitive combination with Kansas City Southern (NYSE:KSU) (“KCS”) and Canadian Pacific Railway Limited’s

CNI