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Opinion: Savings may get CP-NS deal across the line

(Source: Reuters opinion column by Robert Cryan, November 10, 2015) NEW YORK — Canadian Pacific Railway may yet manage to cross the border. The $22 billion railroad company may try to buy slightly larger Norfolk Southern. If CP can boost its U.S. rival’s operating...

NS loses out on federal grant to expand Rickenbacker hub

(Source: Columbus Dispatch, November 10, 2015) COLUMBUS, Ohio — Norfolk Southern Railway Co. has lost out on a federal grant that the company was counting on to help expand its transportation hub at Rickenbacker Airport. Full story: Columbus...

CP Rail takeover of NS would fulfill Harrison strategy

(Source: Globe and Mail, November 9, 2015) TORONTO — A takeover of Norfolk Southern Corp. by Canadian Pacific Railway Ltd. would give Hunter Harrison his dream: a railway that reaches three coasts. The chief executive officer of Calgary-based CP could be a step closer...

Canadian Pacific said to weigh deal for Norfolk Southern

(Source: New York Times, November 9, 2015) NEW YORK — If at first Canadian Pacific could not succeed in buying a fellow railroad operator, it looks prepared to try again with another target. Canadian Pacific has held preliminary discussions with Norfolk Southern, one...