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CN and Canadian Pacific vie for shippers’ and KCS shareholders’ favor Both seek to create a railroad with a network extending from Mexico to Canada through US Midwest 0 89 3 minutes read A Kansas City Southern train. (Photo: Jim Allen/FreightWaves) CP and Kansas City Southern (KCS) announced their agreement to merge in March, while CN announced its plans to acquire KCS in April. In both situations, the end result would be a railroad with a network that touches both Canadian coasts and heads south through the U.S. Midwest and into Mexico. On Monday, CP said more than 110 custome...

Press release content from Business Wire. The AP news staff was not involved in its creation. USD Partners Announces Quarterly Distribution Increase, Full-Year Distribution Guidance and Its First Quarter 2021 Earnings Release Date April 22, 2021 GMT HOUSTON--(BUSINESS WIRE)--Apr 22, 2021-- USD Partners LP (NYSE: USDP) (the “Partnership”) announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1135 per unit for the first quarter of 2021 ($0.454 per unit on an annualized basis), representing an increase of $0.0025 per unit, or 2.25% ov...

The Biden administration’s cancelation of the Keystone XL (KXL) pipeline in January appears to be driving a revolutionary improvement in Canadian oil-by-rail safety that could protect the public from what have become known as “bomb trains.” Without the KXL pipeline to help transport tar sands bitumen from Alberta to refineries in the United States, Canadian oil producers are

The Globe and Mail CALGARY Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer The chief executive of Gibson Energy Inc. GEI-T says “clarity” about the future of the cancelled Keystone XL pipeline has prompted increased interest from potential customers in an expansion of its diluent recovery unit now under construction at the Hardisty crude transport hub in east central Alberta. Diluent, a l...

CALGARY — The CEO of Gibson Energy Inc. says “clarity” about the future of the cancelled Keystone XL pipeline has prompted increased interest from potential customers in an expansion of its diluent recovery unit now under construction at the Hardisty crude transport hub in east central Alberta. Diluent, a light oil mixed with sticky, heavy […]