Canadian Pacific and Kansas City Southern have submitted a joint application to the Surface Transportation Board to merge both railroads.
The combined network of both railroads would reach Canada, the United States and Mexico, creating a “single-line railroad,” the companies said in a release late Friday.
CP (NYSE: CP) and KCS (NYSE: KSU) say the application includes an overview of the proposed operational integration of both companies’ railroads, the impacts a merger would have on finances and...
https://www.freightwaves.com/news/cp-and-kcs-file-merger-application-cn-adds-board-member