The Moving America Forward Coalition (MAFC) launched an ad campaign calling out Canadian Pacific Railroad over their opposition to a planned merger between Union Pacific and Norfolk Southern.
\n\nThe ad calls out the company for opposing the merger, which is awaiting approval from the federal regulators. Fox Business reported in October on the status of the deal, in which the two companies contend the merger “would allow them to compete with the trucking industry, leading to lower prices, more jobs and greater efficiency.”
\n\nCanadian Pacific, which completed its own merger in 2023 with Kansas City Southern, has opposed the deal between Union Pacific and Norfolk Southern. The company says the two have extensive access to vast markets and would dominate the marketplace. Canadian Pacific, though, is the only rail company that runs across the United States, Canada, and Mexico.
\n\n“Instead of doing the right thing, Canadian Pacific does the bidding of Mark Carney and Canadian companies ripping off the United States,” MAFC spokesman Will Reinert said in a statement. “It’s no surprise a company like that would oppose giving jobs for life to union employees and making America more competitive on the world stage.”
\n\nCanada’s Prime Minister Mark Carney waits…
Original source: https://www.breitbart.com/economy/