Railroad battle between CN and CP for Kansas City Southern heats up

Backers of rival bidders for US railroad Kansas City Southern (KCS) stepped up their efforts this week, launching volleys of support for their favoured partner.
Following Canadian National’s (CN) announcement on Friday that some 800 letters backing its bid for KCS had been sent to the Surface Transportation Board (STB), Canadian Pacific (CP) said the number supporting its plans was closing in on 550.
A CP spokesperson said: “Supporters said they expect the …

The post Railroad battle between CN and CP for Kansas City Southern heats up appeared first on The Loadstar.

Source: The Loadstar

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