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UP CP Merger?
UP CP Merger?
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Anonymous
Member since
April 2003
305,205 posts
UP CP Merger?
Posted by
Anonymous
on Monday, January 21, 2002 9:38 AM
HI
Does anybody no of a merger between the UP and the CP? Thanks
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thirdrail1
Member since
January 2001
From: Niue
735 posts
Posted by
thirdrail1
on Monday, January 21, 2002 10:10 AM
Pure "sandhouse gossip" for now. Rumor came about when BNSF and CN proposed to merge. STB changed the rules over that!
"The public be ***ed, it's the
Pennsylvania Railroad
I'm competing with." - W.K.Vanderbilt
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Soo2610
Member since
January 2001
From: US
354 posts
Posted by
Soo2610
on Monday, January 21, 2002 10:47 PM
Don't hold your breath! I don't see the STB allowing it any time soon. UP just got over their indigestion and probationary period after swallowing the SP.
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Anonymous
Member since
April 2003
305,205 posts
Posted by
Anonymous
on Tuesday, January 22, 2002 11:34 AM
Hi,
It has been a rumour around for a while, and they do co-ordinate a lot of traffic, but don't look for anything soon. The STB likely wouldn't allow it, and their new rules make it extremely difficult to pull off a merger of that size now. Instead look for more alliances and partnerships, which is the route UP is taking at this time anyway. These partnerships are serving them well at this time like, the express lane with CSX, the auto business with NS, and the partnership with CP in Idaho.
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Anonymous
Member since
April 2003
305,205 posts
Posted by
Anonymous
on Tuesday, January 22, 2002 9:58 PM
Union Pacific will not merge with anybody now. UP is lobbying in Washington against any railroad mergers. UP would lose business if the mergers occured. BNSF would be the railroad to attempt mergers, but this move will be delayed for a while.
Best guess for now on the future mergers would be BNSF-CN-NS.,, and UP-CSX-CP.
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Anonymous
Member since
April 2003
305,205 posts
Posted by
Anonymous
on Thursday, January 24, 2002 7:09 PM
MY Guess for the future would also be UP-CSX-CP. After all UP Hands off trains to CSX Like the Car Loads of Carrots and UP Hands off GM Traffic to The CP.
Shawn
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Anonymous
Member since
April 2003
305,205 posts
Posted by
Anonymous
on Saturday, February 2, 2002 9:39 PM
I think that was just made up by the UP when the BNSF-CN merger was discussed. The UP wants to be the biggest. It took less than a year for them to overcome BNSF when they bought SP, and they choked on it financialy just to try and be even. I think there will eventualy be two competing railroads, composed of the following: BNSF-CSX-CN and UP-NS-CP.
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