More unions across north america call on stb to reject cn voting trust

Smart-td chair representing kansas city southern employees highlights negative impacts associated with a cn combination calgary, ab, june 28, 2021 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) ("cp") announced today that unions representing railroad employees across the u.s., including smart-transportation division ("smart-td") general committee gca-457 representing kansas city southern ("kcs") employees, have written letters urging the surface transportation board ("stb") to reject canadian national's ("cn") proposed use of a voting trust. many of the unions express concerns about job loss, increased cn debt load and regulatory challenges a cn/kcs transaction would face.
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