Washington District of Columbia - The Surface Transportation Board (STB) in September will hold a three-day public hearing on the proposed Canadian Pacific-Kansas City Southern merger.
 
The hearing, set for 28, 29, and 30 Sep 2022 at the board headquarters, will be livestreamed online, the board announced in a decision released on Friday.
 
Speakers wishing to participate in the hearing must notify the board by 14 Sep 2022.
 
The board also pushed back the deadline for final briefs to be submitted.
 
The deadline is now 14 Oct 2022 rather than 20 Sep 2022 and will close the record on the merger.
 
Under federal statute, the board must issue a decision on the merger within 90 days after the close of the record unless an environmental analysis has not been completed.
 
The timeline means the board is expected to issue a decision on the merger by mid January.
 
If approved, the decision would become effective 30 days later.
 
Author unknown.