CN bids for Kansas City Southern: CP has done same

In what appears to be a bidding war, CN Rail recently announced that it is engaging with the board of directors of Kansas City Southern to complete confirmatory due diligence and finalize a definitive merger agreement to combine the companies and create the premier railway for the 21st century. Canadian Pacific Railway Limited is already making a bid for the railway. According to a press statement from CN, CN’s proposal offers a ... [+]

CN welcomes federal infrastructure investment in Vancouver

CN recently report that the Canadian the federal government’s support of infrastructure investments in Vancouver through the National Trade Corridors Fund (NTCF) will help the long-term expansion of trade between Canada and Asia. “We applaud the Government of Canada’s actions to expand Canada’s key trade corridors and make them more reliable. We welcome this investment in ... [+]

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