Underrated 2023: KC Southern Merger

Year-end round-ups are mostly a waste of time and nothing more than filler to pacify the plebs.

However . . .

The 2023 biggest rail merger in North America deserves consideration if only because this mode of transit has a lot to do with Kansas City's rise to prominence and continued service as a hub for international commerce.

For those of us who want to try and understand how real economies work . . . Following this biz saga is essential and much more informative that culture war powered by AI bots . . . 

"In a typical year, Canadian Pacific’s $31 billion acquisition of Kansas City Southern would have topped the headlines. The Surface Transportation Board approved the merger in March. A month later — on April 14, 2023 — Canadian Pacific Kansas City was born. At a ceremony in Knoche Yard in Kansas City, the only place the two railroads touch, CEO Keith Creel drove home the ceremonial spike to celebrate the creation of the first railroad to link Canada, the U.S., and Mexico."

Read more via www.TonysKansasCity.com link . . .

Top 10 stories of 2023, No. 3: The Canadian Pacific-Kansas City Southern merger - Trains

You know it's been a big news year when the first merger of Class I railroads in more than two decades - and likely the last - is judged the No. 3 story of 2023. In a typical year, Canadian Pacific's $31 billion acquisition of Kansas City Southern would have topped the headlines.