Forwarders scramble for alternatives as Canadian rail strike looks set
As the clock ticks down to a shutdown of the Canadian rail freight network tomorrow, ...
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Rail company Canadian National (CN) has announced it will ask the Surface Transportation Board (STB) for a forced sale of KCS’s eastern line, despite the completion of the Canadian Pacific-Kansas City Southern merger.
Although the merger deal has been agreed, the regulatory details are still to be finalised. As a result KCS’s jilted former suitor said it would file a responsive application on 28 February calling for the CP-KCS merger approval to be conditional on KCS selling its Springfield Line, running ...
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