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The CN - KCS Merger, With JJ Ruest And Pat Ottensmeyer
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Manage episode 294483481 series 2681833
Content provided by Rail Group On Air, RT, Railway Age, and IRJ. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rail Group On Air, RT, Railway Age, and IRJ or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
CN President and CEO JJ Ruest and Kansas City Southern President and CEO Pat Ottensmeyer discuss the two railroads’ pending merger in detail with Railway Age Editor-in-Chief William C. Vantuono. How confident are the two chief executives that the Surface Transportation Board will approve their jointly filed voting trust application? What will the capital investment and operating impacts be for KCS while the company is in trust? If the voting trust is not approved, what happens next? Would CN and KCS proceed with a merger application without one? KCS’s New Orleans-Baton Rouge line is the only stated overlap, which Ruest says will be divested if the merger is approved, and which was an anticipated condition of merging. Are CN and KCS anticipating any other conditions? And what, and where, are the most significant growth and service improvement opportunities for the combined railroad? Podcast sponsored by The Greenbrier Companies, Virtual Sample Railcar™.
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136 episodes
MP3•Episode home
Manage episode 294483481 series 2681833
Content provided by Rail Group On Air, RT, Railway Age, and IRJ. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rail Group On Air, RT, Railway Age, and IRJ or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
CN President and CEO JJ Ruest and Kansas City Southern President and CEO Pat Ottensmeyer discuss the two railroads’ pending merger in detail with Railway Age Editor-in-Chief William C. Vantuono. How confident are the two chief executives that the Surface Transportation Board will approve their jointly filed voting trust application? What will the capital investment and operating impacts be for KCS while the company is in trust? If the voting trust is not approved, what happens next? Would CN and KCS proceed with a merger application without one? KCS’s New Orleans-Baton Rouge line is the only stated overlap, which Ruest says will be divested if the merger is approved, and which was an anticipated condition of merging. Are CN and KCS anticipating any other conditions? And what, and where, are the most significant growth and service improvement opportunities for the combined railroad? Podcast sponsored by The Greenbrier Companies, Virtual Sample Railcar™.
…
continue reading
136 episodes
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