The buyer said it is committed to expanding service to small and mid-sized communities in the Kansas City area.

The Canadian railroad that acquired Kansas City Southern shut down train operations north of the border Saturday night, with the railroad and union officials blaming each other for the action. Canadian Pacific Railway Ltd. has been in mediation with the Teamsters Canada Rail Conference, which represents about 3,000 CP locomotive engineers, conductors, and train and yard workers in Canada. In dueling releases, Canada Pacific and the Teamsters each claimed that they were ready to keep negotiating…

The nation’s railroad regulator on Wednesday ordered a pause in consideration of Canadian Pacific’s proposed purchase of Kansas City Southern. The Surface Transportation Board issued a ruling in the case to clarify information on traffic along the two railroads’ lines. Although Canadian Pacific Railway Ltd. (NYSE: CP) closed on its $31 billion purchase of Kansas City Southern in December, it must get approval from the Surface Transportation Board to actually combine operations. Until a decision…

A federal judge on Friday sentenced a De Soto businessman who admitted to conspiring to defraud the government of tax money. Charlie James, 43, was ordered to pay $215,000 in restitution and to serve one year of probation. Prosecutors say James was co-owner of KC United LLC, which owned several contracting companies. In April 2011, three of the subsidiaries filed for Chapter 11 bankruptcy reorganization. James was required to continue to withhold payroll taxes from employees during the bankruptcy…

A federal judge on Friday sentenced a De Soto businessman who admitted to conspiring to defraud the government of tax money. Charlie James, 43, was ordered to pay $215,000 in restitution and to serve one year of probation. Prosecutors say James was co-owner of KC United LLC, which owned several contracting companies. In April 2011, three of the subsidiaries filed for Chapter 11 bankruptcy reorganization. James was required to continue to withhold payroll taxes from employees during the bankruptcy…

The buyer said it looks for properties in smaller markets where it faces less competition.