Rail
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CP facing little opposition to KCS takeover
CP filed statements of support from shippers and other supporters
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CP merger to streamline bitumen transport, producer says
The two railroads have been “instrumental” in moving forward Western Canada’s first diluent recovery unit
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U.S. analysts think CP deal will be approved
Canadian Pacific’s proposed acquisition of Kansas City Southern has a good chance of getting the green light because there is little overlap between the two lines
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Analysts say Canadian shippers will benefit from CP Rail deal
Main benefit will be the general improvement in service and route options to the southern states and Mexico
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CP Rail to buy Kansas City Southern for US$25 billion
Deal will create the first single-owner rail network linking Canada, the United States and Mexico
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New rules to prevent runaway rail equipment
Minister of Transport has issued two orders under the Railway Safety Act to reduce the risk of uncontrolled movement of rail equipment
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New grain transloading facility at Manitoba border with U.S.
Mid Canada Transload Services Ltd (MCTS) has opened a new grain facility in Emerson, Manitoba
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CP buying fuel cells from Ballard Power
Will power CP’s experimental locomotive program
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New winter rail rules introduced
Rules now require railways to have a winter operation plan for each subdivision where higher risk key trains operate
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U.S. ruling may make it harder to cut train crew sizes
Opens the door for states to require two-man crews on freight trains that haul crude oil, ethanol and other hazardous commodities