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The Canadian government has denied an arbitration request by Canadian National Railway Co., increasing the likelihood of a nationwide work stoppage by thousands of its unionized workers.

A group of suburban Chicago communities is appealing the federal approval of the Canadian Pacific-Kansas City Southern merger that is expected to bring more freight trains to the area.

The merged Canadian Pacific Kansas City says in its first quarter together the new Class I railroad saw its income surge by 35% to C$800 million compared with C$590 million a year ago.

The Surface Transportation Board approved the merger of Canadian Pacific Railway and Kansas City Southern Railroad in the nation’s first major rail merger since 1998.

Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.

One of the largest commuter railroads in the country is objecting to the proposed $31 billion merger between Class I freight rail carriers Canadian Pacific Railway and Kansas City Southern.

A railroad merger nearly derailed this year by a bidding war is moving forward ahead of a final say from regulators on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad.

Leaders of the rival Canadian National and Canadian Pacific railroads on May 26 made their pitches about why their respective railroads should be approved to purchase Kansas City Southern Railroad.

Canadian Pacific officials aggressively defended their planned $25 billion acquisition of Kansas City Southern, announced in March, during a conference call April 21 regarding first-quarter earnings.

Canadian Pacific Railway Ltd. posted revenue of C$1.9 billion in the third quarter, a record for any quarter in company history, the Calgary, Alberta-based railroad announced Oct. 18.