Home UPDATE 1-FedEx Freight raises concerns over CP bid for Norfolk Southern
 

Keywords :   


UPDATE 1-FedEx Freight raises concerns over CP bid for Norfolk Southern

2016-03-03 21:27:52| Trucking - Topix.net

A unit of FedEx Corp has raised concerns over Canadian Pacific's bid for Norfolk Southern saying it could hurt rail service and lead to higher shipping costs, according to a letter posted by a U.S. federal rail regulator on Thursday. In the letter to the Surface Transportation Board dated Feb. 25, a FedEx Freight executive wrote the company believes "a merger would lead to diminished service as well as higher shipping costs."

Tags: update southern bid concerns

Category:Transportation and Logistics

Latest from this category

All news

06.11Summary for Hurricane Rafael (AT3/AL182024)
06.11Hurricane Rafael Update Statement
06.11Atlantic Tropical Weather Outlook
06.11Tropical Storm Rafael Graphics
06.11Summary for Tropical Storm Rafael (AT3/AL182024)
06.11Tropical Storm Rafael Public Advisory Number 9A
06.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
Transportation and Logistics »
06.11Hurricane Rafael Update Statement
06.11Summary for Hurricane Rafael (AT3/AL182024)
06.11Warning millions will struggle to pay water bill rises
06.11Atlantic Tropical Weather Outlook
06.11Tropical Storm Rafael Graphics
06.11Tropical Storm Rafael Public Advisory Number 9A
06.11Summary for Tropical Storm Rafael (AT3/AL182024)
06.11Eastern North Pacific Tropical Weather Outlook
More »