‘Not in the Public Interest’: Canada’s Railroads Sound Off on Union Pacific-Norfolk Southern Merger

Canada’s Class I railroads have joined BNSF Railway in calling out the Union Pacific-Norfolk Southern mega-merger as a negative for the industry. While Canadian Pacific Kansas City (CPKC) had already publicly rejected the idea of rail consolidation in the weeks after the merger announcement, both the railroad and top rival Canadian National (CN) recently launched websites where they highlight their concerns with the $85 billion takeover. More from Sourcing Journal CPKC said on its site that the impending ...