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New Battle Emerges Between Rail Giants CN, CP Over KCS

March 2, 2022

A wrinkle has emerged in the yearlong, multibillion-dollar battle between rival railroad giants Canadian National Railway and Canadian Pacific Railway Ltd. over which of the Class I railroads will own and operate the smaller, but strategically important, freight carrier Kansas City Southern.

While it appears Canadian Pacific will ultimately be successful and take control of Kansas City Southern sometime this year or 2023, Canadian National on Feb. 28 filed a “responsive action petition” with the U.S. Surface Transportation Board, the ultimate decision-making government agency on the merger.

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