Canadian Pacific
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Highway, rail line remain closed after train derails in Alberta
Closure in place for hours to allow for cleanup after litres of tar oil spilled from a derailed CP rail car
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CN claims high-level support for KCS merger
Bill Gates and the Caisse de depot et placement du Quebec counted among backers for merger deal
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Kansas City Southern spurns CP in favour of CN offer
Canadian National Railway’s revised US$33.6-billion offer was superior, KCS says; CP can revise its offer
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CP chooses battery supplier for hydrogen locomotives
Swiss battery maker Leclanché SA will provide proprietary battery technology to Canadian Pacific for its Hydrogen Locomotive Program.
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Regulator approves CP Rail voting trust for KCS; CN Rail expects same
Ruling allows KCS shareholders to receive cash and shares of CP and for its shares to be transferred to an independent trust once shareholders approve transaction
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Done deals: January 8, 2021
Contracts, mergers, acquisitions and big deals in the supply chain sector this week
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CP sets grain hauling record in 2020
CP moved 31.32 million tonnes (MMT) of Canadian grain and grain products in 2020
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Who’s on the move: March 23, 2020
Appointments, promotions, moves and changes in the supply chain sector this week
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CN trains using CP lines to bypass blockades
CBC reports quiet deal set up last week
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Saskatchewan CP derailment oil spill increases to 1.6 million litres
Initial estimate was 1.2 million litres; that much has been recovered officials say