Should go thru the Regulatory Process within a year. This is basically an end to end merger.
Couple of questions on my end?
What do other railroads think of it??
I might be wrong on assumptions here......
I live in So Cal, USA where we have very busy Ports, and Covid is messing with unloading our Ships....Because of Protocol......But now there is another Fly in the Ointment so to speak......
SUEZ, Egypt -- A giant container ship remained stuck sideways in Egypt’s Suez Canal for a fifth day Saturday, as authorities made new attempts to free the vessel and reopen a crucial waterway whose blockage is disrupting global shipping and trade.
"Considering their History, of trying and failing, to purchase or take-over other US railroads, I would guess the "other railroads" do not look favorably on this merger."
"2000-ish, CP tried to buy BNSF - US Government says NO."
"2014-ish, CP tries to buy CSX - Fails"
"2016-ish, CP tries to "hostile take-over" Norfolk Southern - FAILS"
And I can think of some other Mergers that didn't work out too :hehe: ........This CN-KC should be interesting to watch.........(I also wonder with Rail Traffic down due to Covid) if this was prime time to Purchase at a better price?
Be interesting to see how this effects our Land Bridge with both Coasts, and how this Merger thing with CN and KCS works out going North to South......Bit of a Mulligan Stew, and lots of opportunity if Railroads get there act together, RE Precision Scheduling......Of which I am not sold on at all, from what I hear, Maintenance and other issues may not be what they should be........
Nothing is perfect in Life, however that is what your lead to believe in some things....
I believe that it was CN that wanted to merge with BN
CSXT wasn't interested in merger with CP or NS.
I don't think there will be a name change on CP's side and I think this merger will go thru depending on opposition from other railroads.
Finally, I've heard -- and I hope its true -- that both railways will retain their names.