Stb approves transaction that creates new cpkc-csx class i connection linking mexico, texas and the u.s. southeast

Jacksonville, fla., oct. 17, 2024 (globe newswire) -- csx corporation (nasdaq: csx) (csx), canadian pacific kansas city (tsx: cp) (nyse: cp) (cpkc), and genesee & wyoming inc. (g&w) today said the surface transportation board (stb) has approved csx's and cpkc's respective applications regarding their acquisition of the rail lines operated by g&w's meridian & bigbee railroad, l.l.c. (mnbr), which will result in the creation of a new direct cpkc-csx interchange connection in alabama.
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