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Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion ...
The coastal rail giants say it would create 'the first transcontinental railroad in America' through an $82 billion deal.
Canadian Pacific Kansas City Limited (NYSE:CP) operates a transcontinental freight railway across Canada, the United States, ...
Reuters on MSN11d
BNSF Hires Goldman, CSX Seeks Bankers as Union Pacific Sparks Rail M&A Race, Sources Say
(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...
Canadian Pacific bought the Kansas City Southern railroad in December 2021 for $31 billion, and the U.S. Surface Transportation Board approved the merger March 15, 2023.
Canadian Pacific Kansas City Ltd. Grain volumes and revenues were down 5% and 2%, respectively, due to softer demand for U.S. grain caused by challenging year-over-year comparisons and drought ...
Canadian Pacific Kansas City , formed in April when Canadian Pacific Railway merged with Kansas City Southern, has been sued by bondholders for failing to repay more than $1 billion after ...
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