Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service...
OMAHA, Neb. — Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service to carry shipments across North America.
The... OMAHA, Neb. — Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service to carry shipments across North America. The new service will directly compete with CPKC’s new single-line network that is the only railroad directly connecting all three countries. The three railroads said Monday they believe their service will be superior to CPKC CP because Grupo Mexico has a bigger rail network in Mexico and Union Pacific has a more direct route north to Chicago.
The new offering from the three railroads comes just days after CPKC announced a major agreement with the Schneider National trucking firm to become the preferred railroad to handle that company’s intermodal shipments to and from Mexico. CPKC didn’t immediately respond to the other railroads Monday.
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