Canadian Pacific (CP) Railroad and Kansas City South Railroad recently announced the merger of the two rail companies.

Canadian Pacific, which owns the tracks that run through Glenwood, bought Kansas City South for a reported $18 billion, it was announced in a news release last week. 

The line will now be called the Canadian Pacific Kansas City, CPKC, according to the Surface Transportation Board, the independent federal agency that approved the merger. The move will create the first railroad providing service spanning Canada, the United States, and Mexico. Canadian Pacific is the fifth-largest railroad in the United States and Kansas City Southern was the sixth-largest. Even with the merger, Canadian Pacific will remain the fifth-largest.

Concerns about rail safety arose nationwide after the Feb. 3 derailment of a Norfolk Southern train in East Palestine, Ohio, that spilled hazardous materials. However, the Surface Transportation Board praised Canadian Pacific’s safety record, saying it has “the best safety record of any Class I railroad.”

“It is important to underscore that rail is by far the safest means of transporting any freight, including hazardous materials,” the board said in a news release. It said the merger will move 64,000 truckloads off the highways and onto rail, decreasing carbon emissions and reducing the risk of dangerous hazardous material spills.

The news release cited Bureau of Transportation Statistics that in 2022, trucks experienced 94% of all hazardous materials incidents while railroads experienced a little more than 1% of all hazardous materials incidents.