Merger with Illinois Central Railroad
GPTKB entity
Statements (55)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
merger
|
| gptkbp:benefits |
cost savings
service improvements |
| gptkbp:built |
1999
|
| gptkbp:challenges |
regulatory scrutiny
employee layoffs integration of systems |
| gptkbp:community_engagement |
mixed opinions
|
| gptkbp:competitors |
increased revenue
investment opportunities cost-benefit analysis debt management profit_margins |
| gptkbp:date |
1998
|
| gptkbp:environmental_impact |
increased stock value
|
| gptkbp:financials |
$2.4 billion
|
| gptkbp:followedBy |
acquisition of other railroads
|
| gptkbp:future_plans |
regulatory changes
market dominance further mergers expansion of market reach |
| gptkbp:headquarters |
gptkb:Montreal
|
| gptkbp:historicalContext |
deregulation of railroads
consolidation trends in the industry |
| https://www.w3.org/2000/01/rdf-schema#label |
Merger with Illinois Central Railroad
|
| gptkbp:impact |
reduced competition
transportation industry job security concerns improved service options |
| gptkbp:involves |
gptkb:Illinois_Central_Railroad
|
| gptkbp:is_a_key_player_in |
gptkb:Canadian_National_Railway
gptkb:Illinois_Central_Railroad |
| gptkbp:legal_principle |
antitrust concerns
|
| gptkbp:media_coverage |
extensive reporting
editorials investigative journalism analysis articles news reports |
| gptkbp:operational_status |
consolidation of routes
|
| gptkbp:outcome |
successful integration
|
| gptkbp:precededBy |
Illinois_Central_Corporation
|
| gptkbp:regulatoryCompliance |
gptkb:Surface_Transportation_Board
|
| gptkbp:relatedEvent |
other railroad mergers
merger_with_BNSF_Railway merger_with_Grand_Trunk_Corporation merger_with_Union_Pacific_Railroad merger_with_Wisconsin_Central_Transportation_Corporation |
| gptkbp:resultedIn |
gptkb:Canadian_National_Railway
|
| gptkbp:significance |
increased rail network
|
| gptkbp:social_responsibility |
economic development
infrastructure investment safety regulations transportation policy environmental considerations |
| gptkbp:type |
railroad merger
|