04/13/202208:00 amAuthor: WritingSource: Agencies
The first direct rail link between Canada, the Pacific, Mexico, the United States and Canada will operate in North America.
The other unspoken train will connect Mexico with the United States and Canada
After months of fluctuations and negotiations, the connection between Canadian Pacific And Kansas City South – $ 31 billion transaction – a fact. It will be before and after the railway sector in the North American region.
Named CPKC, the new company will have more than 32,000 km of railways. MexicoUSA and CanadaAimed at serving important industries for the region such as automotive, energy and agricultural grains.
Thus, ports at both ends CanadaVancouver and St. John’s will be connected to the U.S. Midwest, which in turn will lead to other stops in southern Texas and New Orleans, and feed across the Laredo and Brownsville border. MexicoThe key element of the connection.
“We are very successful in creating an incredible cross-border right between the United States MexicoPatrick Ottensmeyer, Kansas City South President and CEO, says in an interview: “We’re involved in development. Trade Between the two countries, our cross-border business has been at the top of our portfolio for many years.
In this sense, Keith Kreil, the leader Canadian PacificCPKC promised that this would be a historic day for both companies as it becomes the backbone of connecting its customers with new markets.
“This will increase competition in the U.S. rail network and provide significant environmental benefits while at the same time boosting economic growth in North America. We are pleased to reach this milestone on the path to building this truly American railroad,” he said.
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