Tag Archives: Mexico

Canadian Pacific Kansas City railroad megamerger would create the first Mexico-US-Canada rail network – CNN

A Canadian Pacific grain train makes its way toward Lake Louise in 2019.

By David Goldman, CNN Business

New York (CNN Business) – Two of North America’s largest railroad companies announced a merger Sunday that would connect freight customers to Canada, the United States and Mexico on a single network for the first time in history.

Canadian Pacific (CP) agreed to purchase Kansas City Southern (KSU) in a deal worth about $25 billion after discounting $3.8 billion of KCS debt that Canadian Pacific will take on.

It would combine two of the industry’s fastest-growing rail companies at a time when online purchases have soared, overwhelming ports and delaying shipments.

Source: https://www.cnn.com/2021/03/21/investing/canadian-pacific-kansas-city-southern-merger/index.html

Lawrence Osborne does Raymond Chandler quite well, thank you

Lawrence Osborne has written an official – and good – sequel to Raymond Chandler’s Philip Marlowe novel, ‘Only to Sleep.’ The British novelist lives off the beaten track in Thailand, where journalist Ross Davies joined him for sake.

Source: Lawrence Osborne does Raymond Chandler quite well, thank you

Mexico closes airports, evacuates resorts as Hurricane Patricia approaches – LA Times

Residents and tourists braced Friday for what threatened to be one of the worse storms in Mexico’s recent history as Hurricane Patricia rolled toward the popular resorts and small fishing villages that dot the nation’s central Pacific coastline.

Source: Mexico closes airports, evacuates resorts as Hurricane Patricia approaches – LA Times