[30 / 1 / ?]
Do you think the Canadian National and Kansas City Southern merge will be approved?
What further changes might happen in the industry?
A local columnist speculated on it and I wanted to know /n/'s opinion on if it was accurate.
>The third scenario, and what I think is most likely, is that CN runs more trains on its Minnesota route and a U.S. railroad purchases Canadian Pacific. If the CN-KCS merger is approved, Canadian Pacific becomes the smallest Class I railroad and is a tempting target for a U.S. company that needs access to the west coast. Whoever gets CP can bypass the current behemoths on the West Coast (BNSF Railway, Canadian Pacific, and the Union Pacific) and have direct access to the Pacific via British Columbia’s ports.
>My guess is that Norfolk Southern (most likely) or CSX (possibly) will make a bid for CP. Minneapolis would probably lose Canadian Pacific’s U.S. headquarters to either Norfolk, Virginia (if Norfolk Southern wins) or Jacksonville, Florida (if CSX gets the prize).
What further changes might happen in the industry?
A local columnist speculated on it and I wanted to know /n/'s opinion on if it was accurate.
>The third scenario, and what I think is most likely, is that CN runs more trains on its Minnesota route and a U.S. railroad purchases Canadian Pacific. If the CN-KCS merger is approved, Canadian Pacific becomes the smallest Class I railroad and is a tempting target for a U.S. company that needs access to the west coast. Whoever gets CP can bypass the current behemoths on the West Coast (BNSF Railway, Canadian Pacific, and the Union Pacific) and have direct access to the Pacific via British Columbia’s ports.
>My guess is that Norfolk Southern (most likely) or CSX (possibly) will make a bid for CP. Minneapolis would probably lose Canadian Pacific’s U.S. headquarters to either Norfolk, Virginia (if Norfolk Southern wins) or Jacksonville, Florida (if CSX gets the prize).
