Federal Policy on Railroad Mergers Due for Review
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On Dec. 20, the two companies outlined plans to combine their resources to create the first transcontinental rail operation, the National Railway Corp. ("BNSF, CN Plan Merger," 12-27,
. 1). However, the deal has met with much opposition from competitors, shippers and government officials who believe businesses are not prepare to go through another series of problems like those that followed the 1999 breakup of Conrail and 1996 service meltdown involving Union Pacific.
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For the full story, see the Apr. 3 print edition of Transport Topics. .
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