How the first truly continental railroad could change North American trade
Posted on AllSides September 16th, 2021
From The Center
Freight trains may soon travel more easily between Canada, the US, and Mexico after Canadian Pacific Railway finalized a deal to buy Kansas City Southern, positioning itself to become the first rail network connecting the three countries.
The agreement, which is valued at $27 billion, comes after a lengthy battle between Canadian Pacific and its rival, Canadian National, which submitted a $30 billion counter-offer to Kansas City Southern in March that was ultimately rejected by a US regulatory panel.
Some content from this outlet may be limited or behind a paywall.