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flag STB approves CPKC and CSX's acquisition of MNBR, creating a direct interchange in Alabama for enhanced shipping efficiency in US southeast.

flag The Surface Transportation Board has approved Canadian Pacific Kansas City (CPKC) and CSX Corporation's acquisition of Meridian & Bigbee Railroad (MNBR). flag This will establish a direct interchange in Alabama, enhancing shipping efficiency and competition between Mexico, Texas, and the southeastern U.S. CPKC will operate a 52-mile segment from Meridian, Mississippi, to Myrtlewood, while CSX will manage adjoining lines. flag The approval takes effect on November 16, 2024.

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