4/26/2021
By Rod Nickel
WINNIPEG, Manitoba, April 26, (Reuters) - North America s
freight rail customers, from grain shippers to logistics
companies, are choosing sides as Canadian Pacific Railway Ltd
and Canadian National Railway fight to buy Kansas City Southern.
A takeout of KCS, would be the first major North
American railroad combination in more than 20 years and create
the first network to include the United States, Canada and
Mexico.
CN, Canada s biggest railroad, made an unsolicited
$30 billion bid for KCS on Tuesday, topping CP s agreed
$25 billion bid, but CP said last week it was not considering
raising its offer.
CN said on Monday that it was filing 409 letters of support
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