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CP Rail, Kansas City Southern merger clears path for more cargo, but hitches remain
Continent’s 1st major railway merger in over 2 decades Under the banner of Canadian Pacific Kansas City, the merger of North America’s two smallest Class 1 railways became official Friday morning as CEO Keith Creel drove home a platinum spike at a ceremony in Kansas City, Mo. Combining Canadian Pacific Railway Ltd. with Kansas City Southern Railway Co., the fusion creates the only railway stretching from Canada through to the U.S. and Mexico and marks the continent’s first major rail merger in more than two decades after a U.S. regulatorRead more