Will federal regulators approve controversial railroad merger? Answer expected Wednesday

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STB poised to rule on controversial CP merger

Federal regulators intend to announce a decision Wednesday on the controversial merger of the Canadian Pacific and Kansas City Southern railroads that's been fought by multiple suburbs.

CP predicts the move will create jobs and move goods faster, but The Coalition to Stop CPKC -- which includes DuPage County, Bartlett, Bensenville, Elgin, Itasca, Hanover Park, Roselle, Wood Dale and Schaumburg -- warns of gridlock at crossings and potential derailments. "The risks associated with the merger, as proposed, are apparent and have been communicated clearly to the STB," Bensenville Village Manager Evan Summers said."We provided hours of testimony from our mayors, first responders and subject matter experts and submitted volumes of written testimony from our residents and state elected officials.

 

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