A brand new North American rail community will problem Union Pacific and the Berkshire Hathaway-owned BNSF. The solely query is who will create it.
Canadian Pacific Railway (ticker: CP) and Canadian National Railway (CNI) are battling to amass Kansas City Southern (KSU), the 134-year previous freight community that runs by the Midwestern U.S. to Mexico. Each Canadian firm claims that its deal will create the very best continent-crossing various to Union Pacific (UNP) and BNSF.
In…