Berkshire Hathaway’s BNSF Will See Competition From Kansas City Southern Deal

0
13

[ad_1]

A new North American rail network will challenge Union Pacific and the Berkshire Hathaway-owned BNSF. The only question is who will create it.

Canadian Pacific Railway (ticker: CP) and Canadian National Railway (CNI) are battling to acquire Kansas City Southern (KSU), the 134-year old freight network that runs through the Midwestern U.S. to Mexico. Each Canadian company claims that its deal will create the best continent-crossing alternative to Union Pacific (UNP) and BNSF.

In…

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here