Following a September 12 announcement by Class I railroad carrier Kansas City Southern (KCS), which stated that Board of Directors has indicated that the revised offer submitted by CP is a “Company Superior Proposal,” it appears that the respective pursuits of KCS by CP and its Class I Canadian counterpart Canadian National have come to a stop on the tracks, with CP leading the pack.
Source: logistics Mgmt
CP remains in the driver’s seat for acquiring KCS
Published in News,
More from News,More posts in News, »
- Ongoing demand weakness again impacts FedEx earnings
- Commerce, NRF data shows mixed sequential readings and annual gains
- National diesel average is down, for week of March 13, reports EIA
- Korn Ferry survey highlights impact of Covid on supply chain staff culture
- Truckers waiting out slow first half of year in hopes of solid demand later
Be First to Comment