21.04.2023
Artikel Nummer: 44879
Canada, USA and Mexico now linked by single line
Canadian Pacific (CP) and Kansas City Southern (KCS) have merged to form Canadian Pacific Kansas City (CPKC), creating the first single-line railway connecting Canada, USA, and Mexico.
CPKC plans capital investments in new infrastructure of more than USD 275 million over the next three years to improve rail safety and the capacity of the core north-south CPKC main line between the US Upper Midwest and Louisiana.
CPKC will reduce total truck vehicle kilometres travelled by 3.2 billion km over the next two decades by diverting 64,000 long-haul truck shipments to rail annually. CP completed its USD 31 billion acquisition of KCS 14 December 2021 and the US surface transportation board (“STB”) approved the deal on 15 March 2023. (ben)