U.S. lawmakers urge board to defer railroad merger decision

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U.S. lawmakers urge board to defer railroad merger decision
Portugal Últimas Notícias,Portugal Manchetes

U.S. lawmakers on Friday asked the Surface Transportation Board to defer a decision on a proposed Canadian Pacific merger with Kansas City Southern until the board completes a Chicago region impact assessment.

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A Canadian Pacific Railway locomotive backs into position at the company's Toronto Yard in Scarborough, Ontario, Canada March 20, 2022. REUTERS/Chris HelgrenWASHINGTON, Feb 17 - U.S. lawmakers on Friday asked the Surface Transportation Board to defer a decision on a proposed Canadian PacificU.S.

Canadian Pacific declined to comment. A board spokesman said it "takes all filings seriously, including those submitted by Congress, and will consider them as they deliberate." The merger would combine into a single rail system to be known as Canadian Pacific Kansas City including 20,350 miles of track, including approximately 8,600 miles in the United States, and would extend from Canada, the board said.

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Reuters /  🏆 2. in PT
 

is literally posting pictures of CP

If the merger does not go thru who will end up paying the break up fees, CP or STB?

It’s Pete’s fault

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