Canadian Pacific, Kansas City Southern Receive Widespread Support for Creating First U.S.-Mexico-Canada Rail Network

摘要

Canadian Pacific Railway and Kansas City Southern announced they have received statements from nearly 260 shippers, other railroads, economic development authorities, ports and other supporters for their planned combination that would create the first rail network connecting the U.S., Mexico, and Canada. Many of these supporters requested the Surface Transportation Board (STB) to review the transaction as swiftly as possible. The statements and letters were filed with the STB. Shippers and supporters across North American regions and industries- including Maersk, Hyundai Glovis, Kraft, Nestle, Hapag-Lloyd, North Dakota Grain Dealers Association, Evergreen, Boise Cascade Wood Products Building Materials, Ragasa Industrias S.A., and Ag Processing - say they hope the combination would invigorate transportation competition, expand access to existing and growing markets and provide new service offerings that would improve transit times and reliability. In addition, the nation's largest short-line holding railroad company, Genesee & Wyoming, has filed in support of the combination, as well as other short-line railroads.