STB Rules Against Voting Trust Agreement in Canadian National-Kansas City Merger
Canadian Pacific Sends Unsolicited Proposal to Acquire Kansas City Southern
DeFazio Opposes Proposed Canadian National-Kansas City Southern Merger
Freight merger impacts must be studied, former official says
Huneke: CN Open Gateways Offer Means New, Enhanced Rail-To-Rail Competition
By Dr. William Huneke Canadian National Railway Company’s (CN) offer to keep gateways open on commercially reasonable terms is not getting the attention that it is due. This offer is a key part of its proposal to combine with Kansas City Southern (KCS)—a transaction which significantly enhances competition. CN’s open gateways offer is a big deal. It means new, enhanced rail-to-rail competition. But for this to even be considered, the STB must first approve the CN/KCS voting trust. I was STB’s chief economist for 10 years, and I am surprised by the lack of attention to the open gateways commitment.