je.st
news
Many obstacles for Canadian Pacific Railway takeover of Norfolk Southern
2015-11-19 01:01:06| Railroads - Topix.net
Canadian Pacific Railway's dream of creating North America's largest railway faces a long and uncertain future following Norfolk Southern's cool initial response to the Calgary company's US$28-billion takeover proposal. The deal would see the merged company oversee about 53,000 kilometres of track - greater than the circumference of Earth - that stretches from the Pacific to the Atlantic Ocean and south to the Gulf of Mexico.
Tags: southern
pacific
canadian
norfolk
Category:Transportation and Logistics