Regulators approve CPKC, CSX acquisition of Meridian & Bigbee

Capt. John

This story originally appeared on Trains.com.

WASHINGTON — The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Alabama.

The approval is effective Nov. 16.

In separate decisions, the board approved with conditions CSX’s acquisition of 93.7 miles between Burkville, Alabama, and Myrtlewood, and CPKC’s...

https://www.freightwaves.com/news/regulators-approve-cpkc-csx-acquisition-of-meridian-bigbee

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