Kansas City on pace for record commercial real estate growth in 2021

The Supply Chain Journal

The deal is notable because it continues a hot streak for the Kansas City region, which has seen a boom in the past year in commercial real estate, both in terms of companies building facilities and firms like Colliers constructing buildings even without tenants.

The Daily Dash: Kansas City Southern favors CN merger proposal

The Supply Chain Journal

In today’s edition, we highlight news that Kansas City Southern prefers Canadian railway CN’s merger proposal, as well as a new venture that helps trucking companies enhance their reputations and more. The Daily Dash is a quick look at what’s happening in the freight ecosystem.

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Kansas City Southern expects strong market for rail in second half of 2021

The Supply Chain Journal

Kansas City Southern still anticipates double-digit revenue growth for 2021 amid favorable macroeconomic indicators, executives said during its second-quarter 2021 earnings call on Friday. Related links: Merger money cuts into Kansas City Southern’s Q2 profit.

Kansas City Southern chooses CN bid, terminates CP merger agreement

The Supply Chain Journal

Kansas City Southern ( NYSE: KSU ) has made it official: It’s breaking up with Canadian Pacific ( NYSE: CP ) and it’s going with the merger offer from CP rival CN ( NYSE: CNI ). Kansas City Southern declares CN proposal ‘superior’.

Kansas City Southern bullish on late-2021 volumes

The Supply Chain Journal

Although Kansas City Southern ( NYSE: KSU ) executives were tight-lipped about how operations might look should it succeed in merging with Canadian Pacific ( NYSE: CP ), the railroad was upbeat Friday about its volume expectations for 2021.

Merger money cuts into Kansas City Southern’s Q2 profit

The Supply Chain Journal

The $700 million fee that Kansas City Southern paid to terminate its merger agreement with Canadian Pacific slashed KCS’ income for the second quarter. Kansas City Southern). Related links: Regional interests take sides in Kansas City Southern merger fight.

News Alert: CN makes nearly $34 billion bid for Kansas City Southern

The Supply Chain Journal

Canadian railway CN ( NYSE: CNI ) has offered to acquire Kansas City Southern ( NYSE: KSU ) in a cash-and-stock transaction worth $33.7 CN rival Canadian Pacific ( NYSE: CP ) last month announced plans to acquire Kansas City Southern (KCS) for $29 billion. .

Regional interests take sides in Kansas City Southern merger fight

The Supply Chain Journal

The debate over which Canadian railway would provide greater benefits to stakeholders through a merger with Kansas City Southern ( NYSE: KSU ) appears to be pitting regions of the U.S.

Canadian Pacific slams CN’s bid to acquire Kansas City Southern

The Supply Chain Journal

Canadian Pacific ( NYSE: CP ) slammed a bid by rival CN ( NYSE: CNI ) to acquire Kansas City Southern ( NYSE: KSU ), describing CN’s proposal as “massively complex and likely to fail” because it decreases competition and raises antitrust concerns, according to CP.

Overstock.com selects Kansas City for 517,000 sq ft distribution centre

EFT

will open a distribution centre in Kansas City, Kansas. The new 517,000-square-foot operation, located at 5300 Kansas Avenue, will create more than 100 jobs within the next two years. They join a variety of other companies using Kansas for distribution and fulfillment facilities, including Amazon, Hy-Vee Aisles, Dollar Tree, Spectrum Brands and Horizon Global. Online home goods and furniture retailer Overstock.com, Inc.

Amazon Air begins daily service to Pittsburgh, Kansas City

The Supply Chain Journal

Add Pittsburgh and Kansas City, Missouri, to Amazon’s (NASDAQ: AMZN ) rapidly growing network of airports served by its in-house cargo airline, which helps the company cut ground transport times and quickly deliver online orders to businesses and consumers.

News Alert: CN makes nearly $34 billion bid for Kansas City Southern

The Supply Chain Journal

Canadian railway CN ( NYSE: CNI ) has offered to acquire Kansas City Southern ( NYSE: KSU ) in a cash-and-stock transaction worth $33.7 CN rival Canadian Pacific ( NYSE: CP ) last month announced plans to acquire Kansas City Southern (KCS) for $29 billion. .

News Alert: Kansas City Southern intends to accept ‘superior’ CN proposal

The Supply Chain Journal

Kansas City Southern ( NYSE: KSU ) has made a decision: it plans to merge with Canadian railway CN ( NYSE: CNI ). . Upon receipt of a revised acquisition proposal from CN, Kansas City Southern (KCS) has decided to deem that proposal as “superior.”.

News Alert: Kansas City Southern intends to accept ‘superior’ CN proposal

The Supply Chain Journal

Kansas City Southern ( NYSE: KSU ) has made its decision: it plans to merge with Canadian railway CN ( NYSE: CNI ). . Upon receipt of a revised acquisition proposal from CN, Kansas City Southern (KCS) has decided to deem that proposal as “superior.”.

Kansas City Southern, Norfolk Southern announce retirements, appointments

The Supply Chain Journal

Kansas City Southern’s chief innovation officer to retire. Brian Hancock, Kansas City Southern ’s ( NYSE: KSU ) chief innovation officer, will retire from Kansas City Southern (KCS) effective July 2, according to a company filing to the U.S.

News Alert: Regulators say older merger rules apply to Kansas City Southern

The Supply Chain Journal

A proposed merger between Kansas City Southern ( NYSE: KSU ) and Canadian Pacific ( NYSE: CP ) can proceed under older rules governing Class I mergers, the Surface Transportation Board (STB) determined Friday. CN, Kansas City Southern merger would target competition from trucks.

Supply Chain News on The Latest News on Kansas City Southern Takeover Drama

Supply Chain Digest

Canadian National Seems Likely to Win, but some Analysts Say Money there for Canadian Pacific to Make Higher Bid

News Alert: Regulators say older merger rules apply to Kansas City Southern

The Supply Chain Journal

A proposed merger between Kansas City Southern ( NYSE: KSU ) and Canadian Pacific ( NYSE: CP ) can proceed under older rules governing Class I mergers, the Surface Transportation Board (STB) determined Friday. CN, Kansas City Southern merger would target competition from trucks.

FMC onboard for Biden’s ocean carrier ‘crackdown’

The Supply Chain Journal

Stifel also noted that the railroads were more at risk to potential regulatory action, particularly given the proposed merger between Canadian National Railway and Kansas City Southern.

Kansas City Southern Q1 net profit flattish on 4% revenue decline

The Supply Chain Journal

Lower revenue contributed to flattish year-over-year first-quarter net profit for Kansas City Southern ( NYSE: KSU). . million in merger costs, according to Kansas City Southern (KCS). Kansas City Southern). Canadian Pacific intends to acquire Kansas City Southern for $29B.

Canadian Pacific, CN argue which is better for grain shippers

The Supply Chain Journal

Rivals CN ( NYSE: CNI ) and Canadian Pacific ( NYSE: CP ) each are claiming that they have the support of Upper Midwest grain shippers in the battle over which railway gets to merge with Kansas City Southern ( NYSE: KSU ).

Kansas City Southern Reports Record Revenue Despite Political Uncertainty Between Mexico and the U.S.

Logistics Trends and Insights

Class I railroad, Kansas City Southern (KCS) reported record second-quarter revenues, up 5% to $714 million, despite flat volumes. Of the Class 1 railroads, Kansas City Southern is the only one to run a dedicated system into Mexico through an agreement with the Mexican government. cross-border Mexico Railroads US Kansas City Southern U.S. Improvements in cost controls including the implementation of precision scheduled railroading principles benefited the company.

CN confident in market share take from trucking via KCS merger

The Supply Chain Journal

Canadian railway CN ( NYSE: CNI ) insists that ensuring competition among other railroads and shippers will be a priority should it succeed in merging with Kansas City Southern ( NYSE: KSU ). Regulators say older merger rules apply to Kansas City Southern.

DSI Recognized as One of Kansas City’s Healthiest Employers

DSI

As we continue to make significant strides (no pun intended) in creating an environment that helps DSI employees enjoy active, healthier lifestyles, we’re thrilled to be among the companies recognized on the Kansas City Business Journal’s 2016 Healthiest Employers list. Company corporate health and wellness dsi dsi kansas city employee wellness kansas city business journal healthiest employers kansas city corporate challenge kansas city healthiest employers

Innovators, Entrepreneurs Converge on Techweek Kansas City

DSI

Techweek Kansas City 2016 is fast approaching. In less than two weeks, innovators, entrepreneurs and techies will come together to explore tech trends in Kansas City and beyond. Kansas City joined the roster last year and drew more than 4,000 attendees for a week of thought-provoking sessions and stimulating networking opportunities. We’re excited to hop on the Kansas City Streetcar to check out events throughout the week. Events techweek kansas city TechweekKC

Stakeholders gear up for next round in CN-KCS merger process

The Supply Chain Journal

Shippers groups, Canadian railway CN ( NYSE: CNI ), Kansas City Southern ( NYSE: KSU ) and Canadian Pacific ( NYSE: CP ) have all been weighing in on whether the Surface Transportation Board (STB) should approve CN’s and Kansas City Southern’s (KCS) proposed voting trust.

The Stockout: Potential rail merger could increase CPG companies’ intermodal options

The Supply Chain Journal

Tuesday morning there was big news out of the rail industry: Canadian National Railway (CN) made a stronger offer to acquire the Kansas City Southern (KCS) Railway than what Canadian Pacific (CP) and KCS agreed upon.

Where have all the carriers gone?

The Supply Chain Journal

s (NYSE:CN) proposed $33 billion acquisition of Kansas City Southern Industries (NYSE:KSU) will remove the last U.S.-based In 1977, Congress deregulated the nation’s air cargo industry, allowing all-cargo carriers to operate free of government economic fiat. Over the next 18 years, each U.S.

CP Rail Agrees to Buy Kansas City Southern for $25 Billion

Supply Chain Brain

Canadian Pacific Railway is aiming to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance

CP signals no counterbid, asks KCS board to reject CN

The Supply Chain Journal

Canadian Pacific ( NYSE: CP ) is asking the board of directors of Kansas City Southern ( NYSE: KSU ) to reject a competing merger offer from CN ( NYSE: CNI ) once and for all. Both CN and CP are seeking to acquire Kansas City Southern (KCS).

DSI Team Harnesses Mixed Reality to Win Techweek Kansas City Hackathon

DSI

The second annual Techweek Kansas City wrapped this weekend with a 24-hour hackathon. Techweek staff members were on hand to provide the snacks and more importantly, the caffeine that fueled some of Kansas City’s most creative tech talent through the night. augmented reality Events hackathon techweek techweek kansas cityThe weeklong event around innovation and entrepreneurship in tech culminated in the contest held in the Think Big offices.

CN, CP respond to rail regulator’s decision on CN-KCS merger

The Supply Chain Journal

The Surface Transportation Board’s decision on Monday to hold Canadian railway CN ’s ( NYSE: CNI ) petition to acquire Kansas City Southern ( NYSE: KSU ) to a higher regulatory standard has emboldened both CN and rival Canadian Pacific ( NYSE: CP ).

Supply Chain News on Canadian Pacific Finally gets Its US Merger

Supply Chain Digest

CP to Acquire Kansas City Southern for 25 Billion Dollars, Create Extensive North American Nework

American Chemistry Council urges caution on Class I mergers

The Supply Chain Journal

Chemicals shippers want the Surface Transportation Board (STB) to thoroughly mull over service impacts before agreeing to any merger between Kansas City Southern ( NYSE: KSU ) and another Class I railroad. ACC is referring to plans by CN ( NYSE: CNI ) to acquire Kansas City Southern (KSC).

DOJ asks regulators not to approve CN-KCS voting trust

The Supply Chain Journal

The voting trust would be used to acquire Kansas City Southern ( NYSE: KSU ). CN is seeking to establish a voting trust as a way to protect Kansas City Southern (KCS) from being taken over as STB reviews CN’s request to merge with KCS. Citing competition concerns, the U.S.