I know about KCS but whats happening to CP ? Are they merging with KCS?
CP & KCS are merging. Upon approval by the STB and Canadian Transport Board the new company will be called CPKCS. US/Mexican operations will be run out of Kansas City and Canadian and corporatate operations out of Winnipeg.
Canadian corporate and ops out of Calgary.
Wonder which would be the mother company or just one large one?
Rambo2Wonder which would be the mother company or just one large one?
Looking at what is supposed to be the name of the final corporation and you see the answer.
Never too old to have a happy childhood!
caldreamerUpon approval by the STB and Canadian Transport Board the new company will be called CPKCS.
Actually just CPKC.
Still in training.
Saw a KCS engine on the lead of a CN train here yesterday. Sure is a nice looking livery. Another fallen flag to come I imagine.
Hopefully CPKCS is just a temporary placeholder name, but if not I guess we'll live. A recent column in Trains highlights how much of an impediment interlining freight has been, and if that's the case then I suppose the merger is a good thing, especially if it encourages routing away from the Chicago bottleneck.
Canadian Pacific Kansas City Ltd. will be the name of the holding companies. The names of the railroads will remain the same. All of the US and Canadian railway companies will do business as "Canadian Pacific". The only uncertainty is with Mexico, the actual railroad company might have to do a name change as d/b/a might not be allowed in Mexico. Likely as an orphan the Panama Canal Railroad won't change its name.
Right now, all CP's lines in the US are considered to be part of the Soo Line with HQ in Minneapolis. Although there are still a few old pieces of equipment out there lettered "SOO LINE", it's trains are really from a railfan point of view indistinguishable from CP. Although KCS and CP are "merging", I suspect it will be similar. KCS will be the 'paper' railroad operating CP's US lines from Kansas City, but eventually all the equipment will be lettered for CP.
wjstixRight now, all CP's lines in the US are considered to be part of the Soo Line with HQ in Minneapolis. Although there are still a few old pieces of equipment out there lettered "SOO LINE", it's trains are really from a railfan point of view indistinguishable from CP. Although KCS and CP are "merging", I suspect it will be similar. KCS will be the 'paper' railroad operating CP's US lines from Kansas City, but eventually all the equipment will be lettered for CP.
I doubt the final form of the company will want common results to be the tax basis for the company in both (or all four) countries that the company operates in.
As long as there are soveregin countries in the USA, Canada, Mexico and Panama there will be 'different' companies for each country.
BaltACD I doubt the final form of the company will want common results to be the tax basis for the company in both (or all four) countries that the company operates in. As long as there are soveregin countries in the USA, Canada, Mexico and Panama there will be 'different' companies for each country.
The final form will be Canadian Pacific Kansas City Ltd based in Calgary, AB the parent and the company whose stock will be listed on the NYSE and TXE exchanges.
It will own
Canadian Pacific Railway (Canada) which will control Central Maine & Quebec RR (Canada operations)
Canadian Pacific Kansas City (US) based in Kansas City, MO which will file tax and regulatory filings for SEC, IRS, and STB, and any other US Agency.
Soo Line Railroad
Central Maine & Quebec (US operations only)
Delaware & Hudson Railroad
Dakota, Minnesota & Eastern Railroad
Kansas City Southern Railroad
Gateway Eastern Railroad
Texas Mexican Railway
International Bridge Co. (Laredo, TX)
plus all the fractional interests in
Indiana Harbor Belt Railway
Belt Railway of Chicago
Kansas City Terminal Railway
The Canadian holding company will also own what is now known as KCSdeM which will maintain its HQ in Monterrey, MX
It is unknown yet where the fractional ownership of TTX, Panama Canal Railroad, and EMP containers will reside, whether in the US or Canada.
Some of us think the whole CP/KCS merger should be killed due to the dictatorial actions of the Canadian government against its citizens.
azrail Some of us think the whole CP/KCS merger should be killed due to the dictatorial actions of the Canadian government against its citizens.
And besides the vaccine mandate for crossing the border or for federal agencies (the only mandate controlled by the federal government, all the other restrictions are provincial) is matched by one from the US....
All of this is completely non-sequiter and absolutely nothing to do with this topic, and just a stupid political jab that doesn't belong here.
Chris van der Heide
My Algoma Central Railway Modeling Blog
cv_acr All of this is completely non-sequiter and absolutely nothing to do with this topic, and just a stupid political jab that doesn't belong here.
I agree with you.
Greetings from Alberta
-an Articulate Malcontent
CSSHEGEWISCHExcept that most Canadian citizens support the vaccination mandate. They also believe in "peace, order and good government."
I have long thought of Canada as a civilized version of the U.S.
_____________
"A stranger's just a friend you ain't met yet." --- Dave Gardner
Paul of Covington CSSHEGEWISCH Except that most Canadian citizens support the vaccination mandate. They also believe in "peace, order and good government." I have long thought of Canada as a civilized version of the U.S.
CSSHEGEWISCH Except that most Canadian citizens support the vaccination mandate. They also believe in "peace, order and good government."
Not all of it. Alberta is best thought of as discount/store brand Texas.
Mexico is messing with the US mexico electric interconnect.
The question is ""will this possible takeover if upheld give a precedent to change CP's purchase price of KCS? KCS's stake in Mexico may be in jeaporady?
EXPLAINER: Why is US upset about Mexico's electricity law? (msn.com)
Hopefully this possibl 1st incursion into foreign to mexico corporations will not continue to KCS?
blue streak 1 Mexico is messing with the US mexico electric interconnect. The question is ""will this possible takeover if upheld give a precedent to change CP's purchase price of KCS? KCS's stake in Mexico may be in jeaporady? EXPLAINER: Why is US upset about Mexico's electricity law? (msn.com) Hopefully this possibl 1st incursion into foreign to mexico corporations will not continue to KCS?
I thought I read the Mexican Government already approved the KCS merger as well as did the minority stakeholder in Mexico of KCS de Mexico.
The above applies to investments in electricity only. They would need a new law to apply across the board to all sectors of foriegn investment in industry. Historically, Mexico did this before and Nationalized the railway system with disasterous results, as the railway system slowly degraded and fell apart due to underfunding at the National level, additionally the payrolls expanded significantly with everyones aunt and uncle.
I think we are fairly safe of them repeating history a second time and if they did it would very negatively impact any future attempts at attracting foriegn investment.
Fool me once, shame on you...........fool me twice shame on me.
CMStP: My worry is if this electrical thing is not stopped then what bussines is next?. What any goverment gives they might take away.
blue streak 1 CMStP: My worry is if this electrical thing is not stopped then what bussines is next?. What any goverment gives they might take away.
I am not saying it is impossible only unlikely given they tried it already.
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