Regulatory approval still needed for merger agreement. By
5/21/2021 Canadian National (CN) and Kansas City Southern (KCS) railroad companies today announced they have entered into a definitive merger agreement. Though still under review by federal regulators, the KSC and CN merger creates an express route that connects the U.S., Mexico, and Canada with a seamless single-owner, single-operator service, and preserves access to all existing gateways to enhance route choices and ensure robust price competition, according to a CN press release. For perspective, KSC, the Kansas City, Missouri-based company, is the smallest of all major freight railroads in the U.S. It operates on a rail system that stretches over 3,400 miles from the Midwest to Mexico.
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CN and KCS reach merger deal while CP Rail still seeks regulatory OK as backup
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