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Competing for rail cross-border efficiencies
| 题名： | Competing for rail cross-border efficiencies |
| 正文语种： | eng |
| 作者： | John D. Schulz |
| 摘要： | Increased North American rail freight traffic is driving two competing bids for an American Midwest railway. The proposed $28 billion merger between the Kansas City Southern (KCS) and Canadian Pacific (CP), if approved by regulators, would connect customers with six of the seven largest metropolitan regions in North America. That would potentially reduce transit times and provide new product offerings, such as a long-awaited new intermodal service between Dallas and Chicago. And now there's Canadian National's (CN) competing offer to combine with KCS in a cash-and-stock transaction valued at $33.7 billion. Together, CN says it will create "the premier railway for the 21st century, seamlessly connecting ports and rails in the United States, Mexico and Canada." The proposed KCS-CP rail would also enable north-south, cross-border shippers to avoid congestion-prone Chicago via CP's network in Iowa. Because CP and KCS don't compete head-to-head in any location, shippers' options would be enhanced because the two networks don't overlap. KCS president and CEO Patrick Ottensmeyer has said that "it just feels like the right time and the right circumstances" to combine these rail giants. They currently share a rail yard in Kansas City, Mo., and they are working together to ship Canadian crude oil to the Gulf Coast. |
| 出版年： | 2021 |
| 期刊名称： | Logistics Management |
| 卷： | 60 |
| 期： | 6 |
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