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Canadian Pacific Railway buys Kansas City Southern to create 1st Canada-to-Mexico rail network


KILZ FILLZ

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https://www.ctvnews.ca/mobile/business/canadian-pacific-railway-buys-kansas-city-southern-to-create-1st-canada-to-mexico-rail-network-1.5356107
 

Canadian Pacific Railway Ltd agreed on Sunday to acquire Kansas City Southern in a US$25-billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pick-up in trade.

 

It would be the largest ever combination of North American railways by transaction value. It comes amid a recovery in supply chains that were disrupted by the COVID-19 pandemic, and follows the ratification of the US-Mexico-Canada Agreement (USMCA) last year that removed the threat of trade tensions that had escalated under former U.S. president Donald Trump.

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11 hours ago, KILZ FILLZ said:

 It comes amid a recovery in supply chains that were disrupted by the COVID-19 pandemic, and follows the ratification of the US-Mexico-Canada Agreement (USMCA) last year that removed the threat of trade tensions that had escalated under former U.S. president Donald Trump.

 

The USMCA was ratified under Trump. Odd way to say he caused the disruptions if he was also responsible for the fix?

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