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...The results come as CP pursues a merger with Norfolk Southern, the number two rail operator in the eastern US....
...Norfolk Southern depends heavily on moving coal from the Appalachian coalfields. Railways had until last year been among the biggest corporate beneficiaries of the US’s economic recovery....
...Hunter Harrison, chief executive of Canadian Pacific, and Wick Moorman, chief executive of Norfolk Southern, said it would make more sense for the industry to focus on enforcing existing rules rather than...
...The company divided Conrail, the formerly government-owned railroad company, with Norfolk Southern in a 1997 merger. 4....
...The legendary investor also disclosed a smaller investment in Wellpoint, a US health insurer, and revealed further details of its exposure to the railway industry, identifying Virginia-based Norfolk Southern...
...One train can hide another, goes the famous warning sign at French railway junctions. The same might be said for Indian entrepreneurs....
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