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).
CN and rival railway Canadian Pacific (NYSE: CP) each are seeking to acquire Kansas City Southern (KCS). CP and KCS announced their agreement to merge last month, while CN announced its plans to acquire KCS last week. Both have been aggressively seeking to win the hearts of shippers, stakeholders and the...
https://www.freightwaves.com/news/cn-confident-in-market-share-take-from-trucking-via-kcs-merger