Is it fair to say that Norfolk Southern (NS) shareholders are in the midst of existential crisis these days?
This is a legitimate question, given that Canadian Pacific (CP) is adamant it can extract billions of value from combining with the US railroad operator, while the ...
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Comment on this article
Mark Barry
December 23, 2015 at 6:41 pmAs someone who is employed by one of these railroads (I won’t say which to keep some anonymity), I cant say that I ever see a merger like this happening. Government agencies have too much control over the North American railroads for this to ever happen. This article gives some good insight as to the STB’s control over how much the railroads are able to charge their customers. http://freightraters.com/what-the-stb-reauthorization-means-for-rail-freight-rates/