BNSF Railway to seek concession to operate in Mexico, CPKC trackage rights to Laredo
January 18th, 2022
January 14, 2022 - TRAINS.com -
BNSF Railway, in a Thursday regulatory filing related to the proposed Canadian Pacific-Kansas City Southern (CPKC) merger, said it may seek trackage rights on Kansas City Southern to reach the Mexican border at Laredo, Texas.
The bombshell was tucked away in a footnote: BNSF will seek a concession from the Mexican government to provide service south of the border.
“The imposition of BNSF’s overhead trackage rights between Robstown, Tex. and Laredo, Tex. would take effect only if and when BNSF obtains the right to directly serve shippers in Mexico through a concession with the Mexican government,” BNSF’s footnote says.
Read more: https://www.trains.com/trn/news-reviews/news-wire/bnsf-railway-to-seek-concession-to-operate-in-mexico/
BNSF Railway, in a Thursday regulatory filing related to the proposed Canadian Pacific-Kansas City Southern (CPKC) merger, said it may seek trackage rights on Kansas City Southern to reach the Mexican border at Laredo, Texas.
The bombshell was tucked away in a footnote: BNSF will seek a concession from the Mexican government to provide service south of the border.
“The imposition of BNSF’s overhead trackage rights between Robstown, Tex. and Laredo, Tex. would take effect only if and when BNSF obtains the right to directly serve shippers in Mexico through a concession with the Mexican government,” BNSF’s footnote says.
Read more: https://www.trains.com/trn/news-reviews/news-wire/bnsf-railway-to-seek-concession-to-operate-in-mexico/