Freight

CP proposes Norfolk Southern merger

2015-11-18T10:16:00

Heading north? A Norfolk Southern freight train passes Winona on Canadian Pacific's line from Chicago to Minneapolis.

NORTH AMERICA: Canadian Pacific confirmed on November 17 that it had written to Norfolk Southern Corp, proposing a ‘business combination’ to ‘create a transcontinental railroad’ which it feels could become ‘a new industry leader’.

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