By Byron L. Dorgan, retired U.S. senator from North Dakota
Making an exception is different than changing one’s mind. That’s how I came to the conclusion that, although I have been a strong and relentless critic of mergers by big Class I railroads, the recently proposed merger by Canadian Pacific (CP) and Kansas City Southern (KCS) is an exception that makes good sense for American shippers, consumers and the economy at large. The recent proposal by Canadian rival CN to buy KCS instead would be...
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