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    US STB accepts complete CP-KCS merger application

    来源:shippingazette    编辑:编辑部    发布:2022/01/29 09:12:45

    THE Canadian Pacific Railway (CP) and Kansas City Southern (KCS) have announced that the US Surface Transportation Board (STB) has accepted the joint CP-KCS merger application as complete, reports New York's FreightWeek.

    "We are pleased that the board has accepted our comprehensive joint application and declared it complete," said CP chief executive Keith Creel.

    "We look forward to moving forward with a robust regulatory review of this historic combination that will add capacity to the US rail network, create new competitive transportation options, support North American economic growth, and deliver other important benefits to customers, employees, and the environment," said Mr Creel.

    Said KCS chief executive Patrick Ottensmeyer: "We have reached another important milestone and look forward to playing our part as the STB begins its formal review of the joint application for our historic combination with CP.

    "I would like to thank all those involved in submitting our successful application as part of our continuing work to bring our two companies together," said Mr Ottensmeyer.