The Surface Transportation Board Issues Decision Rejecting Proposed Canadian National-Kansas City Southern Voting Trust
On August 31, 2021, the Surface Transportation Board (STB or Board) determined, Docket No. FD 36514, that the proposed Canadian National (CN)-Kansas City Southern (KCS Voting Trust is not in the public interest. FRCA participated in this proceeding, asserting that the proposed voting trust is not in the public interest. The Board’s Decision rejecting the use of a proposed voting trust in the proposed CN-KCS merger can be read here.