Contested railroad merger approved despite debate, delay

By: Steve Tappa|March 15, 2023

|5 min read

The tripling of freight train traffic on the Iowa Quad Cities riverfront received a delayed and hotly debated go-ahead Wednesday, March 15, from federal regulators.

The U.S. Surface Transportation Board (STB) finally put its stamp of approval on the long-discussed $31.6 billion merger of the Canadian Pacific (CP) and Kansas City Southern (KCS) railroads. The companies agreed to merge in the fall of 2021 and the…

Want to Read More?

Get immediate, unlimited access to all subscriber content and much more.

Learn more in our subscriber FAQ.

Subscribe

OR

Login

Unparalleled business coverage of the Quad CitiesImmediate access to subscriber-only content on our website.52 issues per year delivered digitally, in print or both.Support locally owned and operated journalism.

Do you want to read and share this article without a paywall?

Click here to purchase a paywall bypass link

Contested railroad merger approved despite debate, delay

Want to Read More?

YOU MIGHT ALSO LIKE