CPKC, CN Rail warn on risks around proposed Union Pacific, Norfolk Southern merger
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Article contentCanadian Pacific Kansas City Ltd. and Canadian National Railway Co. are warning about the impact to competition of a proposed rail merger in the U.S. that would create that country’s first coast-to-coast freight railway.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentIn a release Friday, CPKC said Union Pacific’s proposed purchase of Norfolk Southern would “radically” change America’s rail network and pose “extraordinary” risks to customers, workers and supply chains.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentThe cautionary words from CPKC — the only major railway to span all three countries in North America — come after Union Pacific on Friday filed an application with the U.S. transport regulator to review the merger plan.Article contentArticle contentCN Rail says in a press release Friday that the merger would reduce options for rail transportation while creating a single entity controlling more than 40 per cent of the U.S. freight rail market.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe applicants say it would streamline rail service, take trucks off the road and protect union jobs — though two of their biggest unions oppose the move.Article contentOther industry players have warned that the US$85-billion deal between two of North America’s biggest railroad operators would see the merged company handle some 40 per cent of American freight and potentially trigger a final wave of rail mergers across the continent.Article contentThe acquisition would marry Union Pacific’s vast rail network in the Western U.S. with Norfolk’s rails that snake across the country’s eastern half, stitching together more than 80,000 kilometres of track in 43 states with connections to major ports on both coasts.Article contentThis report by The Canadian Press was first published Dec. 19, 2025.Article contentCompanies in this story: (TSX:CP)Article contentTrending Opinion: The no-more-pipelines MOU FP Comment Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes When sinking property values raise red flags for borrowers Mortgages Posthaste: 2026 might prove perilous for Canadians who piled into variable mortgages this year, Desjardins warns News Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Opinion: The no-more-pipelines MOU FP Comment Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes When sinking property values raise red flags for borrowers Mortgages Posthaste: 2026 might prove perilous for Canadians who piled into variable mortgages this year, Desjardins warns News Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment