Amtrak and Canadian Pacific Railway Limited (CP) (TSX:CP) (NYSE:CP) today announced an agreement with Amtrak supporting the proposed combination of CP and Kansas City Southern (KCS) railways.
"CP has been an excellent host of Amtrak intercity passenger service year after year and has established itself as a leader in the railroad industry," said Stephen J. Gardner, Amtrak President. "We welcome CP's commitment to our efforts with states and others to expand Amtrak service and are pleased to have reached an agreement formalizing CP's support of Amtrak expansion in the Midwest and the South.
"Given CP's...
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