Kansan City Southern, Canadian National finalize railway merger
The deal connects ports in Tamaulipas, Veracruz and Michoacán to the US and Canada
Published on Monday, May 24, 2021
130shares
Railway company Canadian National (CN) agreed to a US $33.6-billion deal to take over Kansas City Southern (KCS) on Friday, which will connect ports between Mexico, the United States and Canada with 42,000 kilometers of track.
KCS transports freight from the ports of Tampico and Altamira in Tamaulipas, the port of Veracruz, and from the Pacific port of Lázaro Cárdenas in Michoacán. It takes automobiles and industrial products into the United States, and hauls farm goods to south of the border.