Nearly 260 entities lend support to proposed CP-KCS merger

Nearly 260 entities lend support to proposed CP-KCS merger
April 7, 2021 Matt Fernandes
A Canadian Pacific-Kansas City Southern freight train. (Photo: Jim Allen/FreightWaves)

This article originally ran in Freight Waves on April 1, 2021. 

Vessel operators, industrial companies and agricultural interests are among those that are lending their support to Canadian Pacific’s (NYSE: CP) proposed acquisition of Kansas City Southern (NYSE: KSU).

Comment by Central Midland Railway Director of Marketing Jordan Buck

“The advantage that comes with access by the CP to St. Louis will not only benefit Central Midland’s current customers but will prove to be tremendously helpful for industrial development efforts throughout the region. It solidifies St. Louis’ position as one of the premier inland logistics centers in the United States. No other region has direct access to more Class 1 carriers, is more centrally located on the inland waterway system and has better connections to the interstate highway system. This unparalleled access to producers and markets throughout all of North America via multiple modes as well as single rail-line access to every major port in North America makes the region extremely attractive as a site location for multinational manufacturers and distributors. The efficiencies generated from this exceptional transportation access will drive job growth in the heart of the country and strengthen our nation’s economy.”

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