CP Offer for KCS Declared “Company Superior Proposal” by KCS Board

Canadian Pacific Railway Limited announced on September 12 that it has completed negotiations of a proposed merger agreement with Kansas City Southern, which the KCS Board of Directors has deemed a "Company Superior Proposal."CP stands ready to execute a definitive merger agreement to create the first U.S.-Mexico-Canada railway to enhance competition in the North American rail network."We are pleased to reach this important milestone and again pursue this once-in-a-lifetime partnership," ... [+]

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 ... [+]

CP, KCS agree to combine

Canadian Pacific Railway Limited and Kansas City Southern announced on March 21 that they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion. Following final approval from the Surface Transportation Board, ... [+]

KCS Intermodal Service Returns to Port of New Orleans

Kansas City Southern (KCS) announced a new weekly service between the Port of New Orleans and Wylie, Texas (Dallas-market) beginning May 2018, relaunching intermodal service to this lane for the first time since 2005. “The return of the Kansas City Southern weekly intermodal service helps us capture greater market share and ... [+]

KCS Announces Results of Holiday Express Fundraising Campaign

Kansas City Southern (KCS) announced today that its 15th annual Holiday Express will distribute $159,500 in gift cards to The Salvation Army at stops along the Holiday Express route. The gift cards are designated for the purchase of warm clothing and other necessities for kids in need. The 2015 fundraising effort was ... [+]

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