U.S. lawmakers urge board to defer decision on CP Rail merger with Kansas City Southern

South Africa News News

U.S. lawmakers urge board to defer decision on CP Rail merger with Kansas City Southern
South Africa South Africa Latest News,South Africa South Africa Headlines

U.S. Senators and Representatives said the Surface Transportation Board’s environmental review was insufficient

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

merger with Kansas City Southern until the board completes an Chicago region impact assessment.

U.S. Senators Dick Durbin and Tammy Duckworth and Representatives Raja Krishnamoorthi and Delia Ramirez said the board’s environmental review was insufficient because it was based on projected freight rail traffic growth provided by Canadian Pacific. Canadian Pacific and Kansas City Southern agreed to merge in 2021 in a $31-billion deal.Your Globe

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in ZA
 

If the US govt blocks the merger of CP rail with Kansas Rail,we should block US mergers with Canadian companies. We are abused by the US: wood tariffs, steel tariffs, car tariffs, now the U.S. infrastructure Bill that we will be blocked from JustinTrudeau PierrePoilievre

South Africa South Africa Latest News, South Africa South Africa Headlines



Render Time: 2025-01-14 03:21:46