June 4, 2021 | CN, Headlines
(Source: Railway Age, June 4, 2021) NEW YORK — During what will most likely be the first of many joint appearances as their merger process progresses, CN President and CEO JJ Ruest and Pat Ottensmeyer, his counterpart at Kansas City Southern, said that their jointly...
June 4, 2021 | CN, Headlines
(Source: Transport Topics, June 3, 2021) WASHINGTON, D.C. — As leaders from Canadian National Railway and Kansas City Southern Railway promote their proposed multibillion-dollar merger, concerns are growing among some of their customers that the deal could limit...
June 3, 2021 | CN, Headlines
(Source: Canadian National press release, June 1, 2021) MONTREAL — CN and Kansas City Southern (“KCS”) today announced that the overwhelming stakeholder support for their proposed pro-competitive combination continues to grow with more than 400 additional letters of...
June 1, 2021 | CN, Headlines
(Source: Kenosha News, May 29, 2021) KENOSHA, Wisc. — Canadian National Railway’s pending $33.6 billion acquisition of Kansas City Southern Railway would bring expanded export opportunities for Kenosha County manufacturers and processors, local business spokesman say....
June 1, 2021 | CN, Headlines
(Source: Financial Post, May 31, 2021) OTTAWA — Executives are the most important economic actors, but that doesn’t automatically make them good stewards of the economy. Full story: Financial Post
May 28, 2021 | CN, Headlines
(Source: Farm Forum, May 27, 2021) The U.S. wheat industry is closely watching both CP and CN proposals for KCS but has not taken a position in support of or opposition to either proposed merger. U.S. Wheat Associates, along with a coalition of shippers, has asked the...
May 27, 2021 | CN, Headlines
(Source: CBC News, May 26, 2021) MONTREAL — Canadian National said Wednesday it is confident it will win U.S. regulatory approval for its $33-billion purchase of the Kansas City Southern railway, a deal that has implications for two Maritime provinces with rival...
May 27, 2021 | CN, Headlines
(Source: Canadian Press, May 26, 2021) MONTREAL — Canadian National Railway Co. says it has made a pre-emptive move to address competition concerns from the U.S. regulator by agreeing to sell Kansas City Southern’s line between New Orleans and Baton Rouge. The...
May 26, 2021 | CN, Headlines
(Source: Joint press release from Canadian National Railway and Kansas City Southern, May 26, 2021) MONTREAL and KANSAS CITY, Mo. — CN and Kansas City Southern (“KCS”) today announced that they have taken the next step on their path to combine to create the premier...
May 26, 2021 | CN, Headlines
(Source: Wall Street Journal, May 26, 2021) NEW YORK — Canadian National Railway Co. is offering to sell a 70-mile stretch of its Louisiana rail network to defuse antitrust concerns as it seeks regulatory approval for its roughly $30 billion agreement to merge with...