Railroad executives question whether a transcontinental merger could clear regulatory hurdles
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Railroad executives question whether a transcontinental merger could clear regulatory hurdles
CPKC’s locomotive painted to honor container shipper Hapag-Lloyd leads a train through Wauwatosa, Wis., on Oct. 6, 2024. CPKC CEO Keith Creel is doubtful further Class I rail mergers are possible, although they are reportedly being discussed by some railroads. David Lassen NEW YORK – Executives from Canadian National, CPKC, CSX, and Norfolk Southern poured cold water on talk about potential Class I railroad mergers during an investment conferenc…
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