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North Dakotans oppose railway merger complicated by Biden exec order


A proposed merger between the Canadian National and Kansas City Southern railways that could have major impacts on the shipping of agricultural products and oil has garnered opposition from the three-member North Dakota congressional delegation and former Sen. Byron Dorgan, D-N.D., and may also be less likely after President Biden issued his executive order to encourage more competition.
Canadian Pacific initially made an offer to buy the Kansas City Southern railway, but Canadian National, a larger railroad, offered Kansas City Southern stockholders more money. Kansas City Southern now favors the merger with Canadian National. Canadian Pacific is trying to convince the Surface Transportation Board, which has jurisdiction over the merger, to stop the CN-KCS merger and pave the way for a revival of its proposal to acquire KCS. ....

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