Contrary to assertions by Canadian Pacific and Kansas City Southern, shipper groups’ filings with the Surface Transportation Board say that the railroads’ proposed merger could harm competition in a number of ways, according to filings submitted to the Surface Transportation Board.
CP is seeking approval from federal regulators of its $31 billion merger with KCS. As the process plays out, shippers, other Class I railroads, local communities and other stakeholders are asking that CP meet certain...
https://www.freightwaves.com/news/shippers-cp-kcs-merger-could-reduce-competition-at-interchanges