Home Business Chicago rail congestion cited by Canadian Pacific as reason rival railway’s Kansas City Southern plan will fail

Chicago rail congestion cited by Canadian Pacific as reason rival railway’s Kansas City Southern plan will fail

by staff

“My view, CP’s view, has been and continues to be, the alternative is a deal that can’t be approved,” Creel said Thursday. “It’s not necessary to engage in a bidding war to match CN’s value, which is not achievable. There is no path to deal certainty. In fact, it’s a path wrought with deal uncertainty.”

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