Four Class I railroads say federal regulators should not approve Canadian Pacific’s plan to merge with Kansas City Southern without any strings attached.
The railroads say the Surface Transportation Board must first place conditions on CP that would ensure shipper competition, according to filings submitted this week. The merged company would be known as CPKC.
CN is pushing forward with recommending that a portion of KCS’ network be transferred to CN (NYSE: CNI) as part of a condition for the $31...
https://www.freightwaves.com/news/cn-other-class-i-railroads-push-back-on-cp-kcs-merger