Tag Archives: rails

CP-KCS Merger Approval Disappoints National Wheat

U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) are disappointed that the Surface Transportation Board (STB) has approved Canadian Pacific Railway’s merger with Kansas City Southern Railroad. In public comments submitted to the STB on the proposed sale in February 2022, USW said the market power held by the Class I railroads has serious implications for ... Read More »

Rail Merger Proposals Should Improve Competition, Hold Down Wheat Shipping Rates

From U.S. Wheat Associates On March 21, 2021, Canadian Pacific (CP) Railways announced a $25 billion plan to merge with Kansas City Southern (KCS), calling it a “transformative” remake of the freight-rail industry. The proposed new railroad would be the first U.S.-Mexico-Canada-linked rail line. Not to be out-done, Canadian National Railway (CN) began talks with KCS in late April, saying ... Read More »