Canadian National Railway eyes smaller deals, but doubts big mergers are near

By Eric Atkins, The Globe And Mail; May 15, 2018

Canadian National Railway Co. is eyeing smaller takeover targets to improve its network, but does not believe U.S. regulators would be open to large mergers in the North American rail industry.

Major freight haulers in Canada and the United States are in the process of restoring service levels after a winter marked by rail congestion, shipper complaints and scoldings from governments.

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