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Operation Lifesaver offers new transit safety educational materials

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NCRR names Stallings economic development director

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CAGTC members win RAISE funding for port, rail projects

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Canadian Pacific, TCRC-T&E arbitration ends with new two-year pact

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CTA Red Line extension project clears environmental review

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CFIUS approves CP-KCS merger

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CFIUS approves CP-KCS merger

Rail News Home Canadian Pacific 8/16/2022 Rail News: Canadian Pacific
image Canadian Pacific today announced it has received the required regulatory clearance from the Committee on Foreign Investment in the United States (CFIUS) for the proposed combination of CP and Kansas City Southern. CFIUS is an interagency committee authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons in order to determine the impact such transactions may have on U.S. national security. CP completed its acquisition of KCS on Dec. 14, 2021. Upon the acquisition's closing, KCS shares were placed into a voting trust to ensure KCS operates independently of CP while the Surface Transportation Board completes its regulatory review of the companies' joint railroad control application to create Canadian Pacific Kansas City (CPKC). If the STB approves the merger, CPKC will become the only single-line railroad linking the United States, Mexico and Canada. The STB's review of CP's proposed control of KCS is expected to be completed in early 2023, CP officials said in a press release.

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Rail supplier news from AITX, CDL and LRW (Aug. 15)

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Metra, Pace to use RAISE grant funds for Harvey Transportation Center reconstruction project

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G3 handles record grain volume at Trois-Rivieres port terminal

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Dobbelmann takes CEO reins at Progressive Rail

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MARTA taps Rowan as deputy GM

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CN to STB: CP acknowledges divestiture of KCS line would increase competition

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Rail supplier news from STV, IntegriCo, IntelliTrans and 3C Telemetry (Aug. 12)

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Rail supplier news from STV, IntelliTrans and 3C Telemetry (Aug. 12)

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Payne elected Unifor president

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HNTB awarded contract for Metro Transit-St. Louis platform project

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CTA receives FTA grant, unveils action plan

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MARTA wins RAISE grant to transform Five Points rail station

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Developers advance plans for California’s first inland port

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