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Post by fr8kar on Mar 20, 2021 22:24:41 GMT -8
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Post by Christian on Mar 21, 2021 0:15:05 GMT -8
Doesn't that give CP Montreal to Mexico City?
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Post by edwardsutorik on Mar 21, 2021 6:50:31 GMT -8
Doesn't that give CP Montreal to Mexico City? It surely looks that way, after a map examination. The join-up looks to be Kansas City. It also gives CP a port on the west coast of Mexico, though I'm not seeing a stunning advantage there--maybe for Australia and NZ? And CP goes to Halifax NS. |
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Post by Christian on Mar 21, 2021 8:08:11 GMT -8
Doesn't that give CP Montreal to Mexico City? It surely looks that way, after a map examination. The join-up looks to be Kansas City. It also gives CP a port on the west coast of Mexico, though I'm not seeing a stunning advantage there--maybe for Australia and NZ? And CP goes to Halifax NS. KCS biggie is oil, chemical and other energy products. That gives the combined rr's connections to haul north, south, east, and west. I think this might prove to be a better merger than other CP merger rumours. The price tag is large but not in the range of a possible BNSF purchase which would be in the 200 billion range. |
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Post by fr8kar on Mar 21, 2021 8:38:18 GMT -8
I wonder if there will be any concessions granted such as trackage rights to other roads. Also, I'm curious what the operating agreements will look like for the combined system.
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Post by Christian on Mar 21, 2021 9:29:06 GMT -8
I wonder if there will be any concessions granted such as trackage rights to other roads. Also, I'm curious what the operating agreements will look like for the combined system. Since KCS also owns Mexico's major railroad I'd imagine that the actual buy or merger will be complicated by three nation's politics. CN - Illinois Central is still, after all these years, an interesting study in how Canada's laws regarding rail ownership can be twisted. |
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Post by jonklein611 on Mar 22, 2021 3:38:52 GMT -8
KCS also owns the Panama Canal Railroad as well. I wonder if that's part of the deal.
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Post by edwardsutorik on Mar 22, 2021 6:14:18 GMT -8
KCS also owns the Panama Canal Railroad as well. I wonder if that's part of the deal. On ownership of the Panama Canal Railroad: KCS is part owner of the following: The Panama Canal Railway Company was granted “with the exclusive right to develop, construct, operate, administrate, renovate, reconstruct, modify and manage a railroad and its infrastructure, properties, intermodal terminals, installations, equipment and physical areas”. (from a history shown on the company's website) It appears this company is an operating company, not a true owner of the railroad property itself, which I assume is owned by Panama. For now, anyway, I think that if CP buys KCS, they take over the entire property, including the contract with the Panamanian government. Ed |
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Post by Deleted on Mar 22, 2021 8:54:50 GMT -8
I would not discount the future importance of the container port at Llazaro Cardenas. Trains Magazine has previously reported that it has a lot more upside (growth potential) than Los Angeles or the other American west coast ports who will have MUCH more difficulty expanding in the future, especially with American environmental regulations.
When BN-SF merged, some of the senior management of Santa Fe were made to feel unwelcome, and went to KCS, where they've been doing a pretty good job.
Pity I had KCS stock a year ago and my somewhat misguided investment friends told me they thought it to be a poor investment at the time...so I sold...and I would have easily more than doubled my money...actually almost tripled it.
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