Rail News Home CSX Transportation 11/19/2021 Rail News: CSX Transportation
At a grand opening ceremony held yesterday, officials with CSX and NCDOT, which shared construction costs, hailed the terminal opening as a positive development for both the regional economy and the nation's supply chain. Photo – NCDOT/CSX
Railroad News
Nov
19
Nov
19
The Carolina Connector (CCX) intermodal terminal has officially opened for business northeast of Raleigh, North Carolina.
The facility, which is considered one of the most technologically advanced facilities on the CSX network, will help relieve port and highway congestion by adding rail-to-truck transfer capacity for domestic and international container shipments, CSX officials said in a press release.
Nov
18
Rail News Home Canadian Pacific 11/18/2021 Rail News: Canadian Pacific
Canadian Pacific is issuing a debt offering in the United States and Canada. The net proceeds will be used to help fund CP's acquisition of Kansas City Southern.In the United States, CP is issuing $1.5 billion of 1.35% notes due 2024, $1 billion of 1.75% notes due 2026, $1.4 billion of 2.45% notes due 2031, $1 billion of 3.0% notes due 2041 and $1.8 billion of 3.1% notes due 2051, which will be guaranteed by CP, according to a company press release.The U.S. offering is due to close Dec. 2.In Canada, CP is issuing CA$1 billion of 1.589% notes due 2023 and CA$1.2 billion of 2.54% notes due 2028, which will be guaranteed by CP. The Canadian offering is expected to close Nov. 24.
Canadian Pacific is issuing a debt offering in the United States and Canada. The net proceeds will be used to help fund CP's acquisition of Kansas City Southern.In the United States, CP is issuing $1.5 billion of 1.35% notes due 2024, $1 billion of 1.75% notes due 2026, $1.4 billion of 2.45% notes due 2031, $1 billion of 3.0% notes due 2041 and $1.8 billion of 3.1% notes due 2051, which will be guaranteed by CP, according to a company press release.The U.S. offering is due to close Dec. 2.In Canada, CP is issuing CA$1 billion of 1.589% notes due 2023 and CA$1.2 billion of 2.54% notes due 2028, which will be guaranteed by CP. The Canadian offering is expected to close Nov. 24.