Posted on 03/21/2021 1:30:00 PM PDT by Theoria
The deal is an effort by Canadian Pacific and Kansas City Southern to capitalize on an expected increase in the flow of trade as the three countries rebound from the pandemic.
Canadian Pacific and Kansas City Southern announced plans on Sunday to combine in a $29 billion deal that would create the first railroad network connecting the United States, Mexico and Canada.
It is an effort to capitalize on the trade flows expected to run through the three countries after President Donald J. Trump signed the United States-Mexico-Canada Agreement into law last year. It’s also a bet on the strength of the industrial economy as the United States rebounds from the pandemic.
Canadian Pacific links major ports on the East and West Coasts between the United States and Canada, while Kansas City Southern connects the United States, Mexico and Panama. The two connect on a single point: a joint facility in Kansas City, Mo., where Kansas City Southern is based.
(Excerpt) Read more at nytimes.com ...
There was an article on FR yesterday about the work in Indiana on I-69.
Watch Buffett make a killing after Biden killed Keystone.
All aboard the fentanyl and cocaine express.
The parties back on folks!
All aboard the fentanyl and cocaine express.
—
Forget oil, that’s where the real profit is.
“...presto, they are deep into the US...”
Yes, but how about into the west coast and northeast?
CSX is buying Pan Am Railroad which serves most of New England.
CSX defends Pan Am acquisition in the face of opposition in New England
Exactly right.
They aren’t going to give up until our nation is gone!
Just connect Mexico and Canada. Leave the USA out of it.
I'm guessing the surge of new voters/welfare recipients just isn't fast enough.
Who needs dirty pipelines when we can have clean trucks and trains moving oil? Makes sense to me. At least it’s clear who greased their palms to kill Keystone.
this doesn’t sound good to me..was bush behind this, I know when he was in office; he tried a trade route like this.
Illegal alien pipeline to the Americas
Agree... look for the Warren Buffet profit potential here.
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