USA

Merger of CP and KCS into CPKC completed

On 14th April 2023, the merger of the Canadian railway company Canadian Pacific (CP) and the US railway company Kansas City Southern (KCS) to form Canadian Pacific Kansas City (CPKC) was officially completed. This makes CPKC the first continuous cross-border rail line between Canada, the US, and Mexico. The merger was approved by the Surface Transportation Board (STB) on 15th March 2023. Keith Creel, previously President and Chief Executive Officer (CEO) of CP, is now President and CEO of CPKC. Pat Ottensmeyer, previously CEO and President of KCS, will serve in an advisory capacity until the end of 2023.