Canadian Pacific, one of Canada’s railroad symbols, takes control of the Kansas City Southern state-owned company. The announcement, defunct this domingo, will take place in the first red that unites Canada, the United States and Mexico with approximately 32,000 kilometers of visas. “This transaction will transform North America, generating significant positive impacts for our employees, customers, communities and shareholders,” said Keith Creel, President and Adviser to the Canadian Pacific (CP) Delegate, in a statement.
CP has an extensive system of railway arteries in Canada and various states of the country. The Kansas City Southern (KCS) purchase will allow access to a valiosa red in the Medio Oeste stadium that runs through the Gulf of Mexico. Asimismo, establish a connection with Mexican people. Creel commented that this move “will create the first rail car between the United States, Mexico and Canada” and that it will unite companies “that are deeply committed to providing quality service to their customers to unlock all the potential of their speeches”. Patrick J. Ottensmeyer, President of KCS, signaled for his part: “The cultures of our companies are aligned and arranged in the highest levels of security, service and time”.
The merger agreement, where CP acquires Kansas City Southern, will cover $ 29,000 million, including a $ 3,800 million debt to the state-owned company. The Canadian pays 275 dollars for each title of KCS, a bonus of 23% in respect of the contribution of the past four 19 (224.16 dollars). It is part of the mayor’s operation to expand into a Canadian company in the country in the last four years. In 2017, the firm Enbridge was formed from Spectra Energy with 28,000 million dollars.
The new Canadian Railway Entity is known as the Canadian Pacific Kansas City and will be located in Calgary, Alberta, where the Canadian Pacific General District is located. The central office of KCS will be converted into the United States United States Social Security Office, while Mexican operations will be conducted by the City of Mexico and Monterrey. Keith Creel changed the conversion of the KCS ocuparán asientos and the administration of the Canadian Pacific Kansas City. The company will have 20,000 employees and generate 8,700 million annual and ingress dollars. The transaction, approved by the Joint Undertakings, will be considered by the United States State Transport Committee.
Keith Creel underlined that this move is critical at a critical moment for the region, and that the new North American commercial brand (T-MEC for its sails in Spain) hopes that the efficient integration of the continent’s most important cadences ”. The T-MEC entered into force on July 1, 2020. Joe Biden, President of the United States since January 20, has held telephone meetings with the states of Mexico and Canada where he has discussed trade issues. The directors of CP and KCS also express that the new company is looking to reduce the medium-term impact by increasing the volume of truckloads transported by truck.
Kanadese Stille Oseaan nació in 1881 for the construction of the railroad route that can travel Canada from this to the west. For its part, Kansas City Southern was founded in 1887 to provide transportation services to this city and its surroundings. If all results are based on the route of the route, the merger of these companies will have a significant impact on the map of commercial transport railways in North America.
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