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Canadian Pacific Railway Limited (CP) Q2 2021 Earnings Call Transcript

Operator
Good afternoon. My name is Sylvie, and I will be your conference operator today. At this time, I would like to welcome everyone to Canadian Pacific s Second Quarter 2021 Conference Call. The slides accompanying today s call are available at www.cpr.ca. [Operator Instructions] After the speakers remarks, there will be a question-and-answer session. [Operator Instructions]
And I would like to introduce Chris De Bruyn, Managing Director, Investor Relations and Treasury to begin the conference.
Chris De Bruyn
Managing Director, Investor Relations and Treasury
Thank you, Sylvie. Good afternoon, everyone and thank you for joining us today. Before we begin, I want to remind you, this presentation contains forward-looking information. Actual results may differ materially. The risks, uncertainties and other factors that could influence actual results are described on Slide 2 in the press release and in the MD&A filed with Canadian and U.S. regulators. This ....

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CSX Corporation (NYSE:CSX) - CSX's Application To Acquire Pan Am Railways Denied

CSX Corporation (NYSE:CSX) - CSX's Application To Acquire Pan Am Railways Denied
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CSX's application to acquire Pan Am Railways denied

CSX’s application to acquire Pan Am Railways denied
CSX to provide market data Surface Transportation Board wants
0 2 minutes read
The Surface Transportation Board has denied CSX s application to acquire Pan Am Railways. (Photo: Flickr/Pjedro22 CC BY-ND 2.0 & Flickr/Birmingham Photographer J.g. CC BY-SA 2.0)
The Surface Transportation Board (STB) wants more information about how CSX (NASDAQ: CSX) will integrate Pan Am Railways into its network should it succeed in acquiring the short line operator.
STB said Wednesday that CSX’s application to acquire the New England short line was incomplete. The board considers CSX’s proposed acquisition a “significant” one, and as a result, it is asking CSX to submit a market analysis that includes discussion and data about how the Pan Am acquisition would affect intermodal and intramodal competition as well as impact local markets. ....

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CSX Corporation (NYSE:CSX), Norfolk Souther Corporation (NYSE:NSC) - CSX Seeks STB Approval Of Pan Am Railways Acquisition

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Eastern U.S. railroad
CSX (NASDAQ: CSX) has started the regulatory process to acquire New England short line operator Pan Am Railways in a move that CSX hopes will strengthen its intermodal presence in the region.
The company on Thursday submitted its application to the Surface Transportation Board. The application includes a request both to acquire the Pan Am System, which includes Pan Am Railways, and a 50% ownership of Pan Am Southern (PAS).
CSX is excited to introduce our customer-centric focus, supply chain solutions and industry-leading operating model to shippers and industries served by Pan Am, CSX said in a statement Friday. The decision to acquire Pan Am reflects CSX s interest in leveraging its best-in-class service and safety to improve rail s competitiveness with other transportation modes and to reduce the number of trucks operating in New England. ....

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小资家庭，20多万看这两款SUV"超气派"|雪佛兰|奔驰|suv|锐界|汉兰达
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