At this year’s Finished Vehicle Logistics North America conference KCS president and CEO, Patrick Ottensmeyer talked in detail about his company’s merger with Canadian Pacific
The merger agreement between North American rail companies Canadian Pacific (CP) and Kansas City Southern (KCS), which was announced in September this year, is on track for final completion in the second half of 2022.
The Surface Transportation Board (STB) accepted the merger application on November 23, the first in a two-step procedure that now involves a full review prior to control approval.
The two rail providers also secured approval from the Mexican antitrust body The Federal Economic Competition Commission (Cofece) at the end of November, and from the Mexican Federal Telecommunications Institute (IFT) relating to telecommunications licences. CP and KCS also each secured shareholder approval in December.
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Follow our recap blog below to get insights and analysis from Automotive Logistics & Supply Chain Global 2023 in Detroit.
Last week’s driver protests on the US-Canadian border caused disruption to the movement of automotive parts and finished vehicles. As a consequence, some assembly plants in Canada and the US had to temporarily implement shift downtimes.
Canadian National Railway (CN) has named Tracy Robinson as its new chief executive officer and a member of its board of directors from February 28th.
