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Merger of Large Train Companies Approved Despite Opposition from Northwest Suburbs

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The Surface Transportation Board approved the merger of Canadian Pacific and Kansas City Southern. Illinois Congressional members and transit agencies previously expressed opposition to the move

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The $31 billion merger of Canadian Pacific and Kansas City Southern would be the first railroad network to extend from Canada through the U.S. to Mexico. The number of trains and amount of hazardous cargo are expected to increase following the merger, which creates the country’s smallest Class I railroad.

Those trains will pass through DuPage County communities once the merger is complete, as well as through Chicago. Members of the Coalition to Stop CP/KC expressed what they view as problems with the merger, including noise, potential disruptions in emergency services and hazardous materials in the wake of the Norfolk Southern derailment in Ohio.

 

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Transportation board approves railroad merger between Canadian Pacific, Kansas City SouthernThe U.S. Surface Transportation Board has approved a controversial CP merger with KCS, opposed by multiple suburbs but with conditions.
Fonte: dailyherald - 🏆 317. / 59 Leggi di più »