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US Bancorp’s (USB) Arm to Acquire PFM Asset Management

  • July 9, 2021
  • Google Alert - railway, railroad, crossing, canada
  • News

As part of its efforts to strengthen its asset management arm, U.S. Bancorp's ... a definitive agreement with Canada-based BMO Financial Group to take over the ... As a result, the Dow Jones U.S. Railroads Index decreased 5.67% in ...

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Biden push for competition draws concerns for Canadian National takeover of Kansas City Southern

  • July 9, 2021
  • Google Alert - railway, railroad, crossing, canada
  • News

A Canadian National Rail locomotive moves through the rail yard in Dartmouth, Nova Scotia. Andrew Vaughan/The Associated Press. President Joe ...

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MTY Food Swings to a Profit in Q2, Restores Dividend; Shares Gain Almost 15%

  • July 9, 2021
  • Google Alert - railway, railroad, crossing, canada
  • News

We remind investors that Canadian National had outbid another Canadian railroad operator, namely, Canadian Pacific Railway Limited CP in its quest ...

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Tshiuetin Rail Receiving C$55MM to Modernize

  • July 9, 2021
  • Google Alert - railway, railroad, crossing, canada
  • News

Tshiuetin, the first Indigenous owned and operated railroad in Canada, will receive C$55 million (US$44.1 million) from the Canada Infrastructure ...

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Biden takes aim at consolidation in ocean, rail with new executive order

  • July 9, 2021
  • Google Alert - railway, railroad, crossing, canada
  • News

When it comes to rail, the executive order points out railroads tend to own their tracks and prioritize their own freight. The order calls on the STB to ...

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