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STB approves CPKC and CSX's acquisition of MNBR, creating a direct interchange in Alabama for enhanced shipping efficiency in US southeast.
The Surface Transportation Board has approved Canadian Pacific Kansas City (CPKC) and CSX Corporation's acquisition of Meridian & Bigbee Railroad (MNBR).
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.
The approval takes effect on November 16, 2024.
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STB aprueba la adquisición de MNBR por CPKC y CSX, creando un intercambio directo en Alabama para mejorar la eficiencia del transporte marítimo en el sureste de Estados Unidos.