CMStPnP MidlandMike CP can't force KCS to take the business, but as I said they can take business that is in their own intrest. I'm a little curious here. On what grounds can the KCS deny cars delivered by the CP for interchange? I think they can reject the tariff (Which would be settled another way) but I am not sure they can reject the car itself.
MidlandMike CP can't force KCS to take the business, but as I said they can take business that is in their own intrest.
I'm a little curious here. On what grounds can the KCS deny cars delivered by the CP for interchange? I think they can reject the tariff (Which would be settled another way) but I am not sure they can reject the car itself.
My statement was in response to another poster saying "That's to prevent the companies to begin acting as one until after the formal merger approval." Since CP is still not in management control of KCS, they can't dictate terms of a run-thru movement involving both roads. They can offer the deal to KCS, and KCS can still decide if it is in their best interest, vs., negotiate a better deal for themselves. I did not mean to infer that they would outright reject the traffic, although I guess any railroad could demand such a high tariff as to discourage the business.
MidlandMikeCP can't force KCS to take the business, but as I said they can take business that is in their own intrest.
Ajsik MidlandMike MidlandMike wrote the following post 20 minutes ago: traisessive1 Post merger? There is no merger yet. Part of the price paid to buy KCS was in CP stock, so it's in KCS stockholders interest to support CP. True, but isn't that why KCS would need to be put into a voting trust before its shareholders get paid? That's to prevent the companies to begin acting as one until after the formal merger approval.
MidlandMike MidlandMike wrote the following post 20 minutes ago: traisessive1 Post merger? There is no merger yet. Part of the price paid to buy KCS was in CP stock, so it's in KCS stockholders interest to support CP.
True, but isn't that why KCS would need to be put into a voting trust before its shareholders get paid? That's to prevent the companies to begin acting as one until after the formal merger approval.
CP can't force KCS to take the business, but as I said they can take business that is in their own intrest.
MidlandMikeMidlandMike wrote the following post 20 minutes ago: traisessive1 Post merger? There is no merger yet. Part of the price paid to buy KCS was in CP stock, so it's in KCS stockholders interest to support CP.
traisessive1 Post merger? There is no merger yet.
Post merger? There is no merger yet.
Part of the price paid to buy KCS was in CP stock, so it's in KCS stockholders interest to support CP.
10000 feet and no dynamics? Today is going to be a good day ...
I kind of suspected this would happen post merger as did some of you.....
My guess since they are bound for KCS they will use the Missisippi River line all the way to Iowa vs using the line via Milwaukee, just a guess though. Have no idea on line capacities or which line is faster.
https://www.yahoo.com/news/more-oil-trains-run-minnesota-220000667.html
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