A $10 to $15 passenger train ride between Baton Rouge and New Orleans could be just a year or so away — if all the pieces fall into place.

Canadian Pacific Railway is close to gaining ownership of the train tracks that run between the two cities after its shareholders earlier this month approved a $31 billion takeover of Kansas City Southern, which currently owns the train lines. Canadian Pacific also committed to working with passenger rail operator Amtrak and state and local governments to start the passenger service as soon as possible.