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Canadian National to divest Kansas City Southern’s 70-mile rail overlap

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Canadian National Railway said on Wednesday it would divest Kansas City Southern’s 70-mile rail line between New Orleans and Baton Rouge to eliminate the only overlap between the two railroad operators.

The line is less than 0.7% of the about 27,000 route-miles the two companies operate, the Canadian operator said. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Vinay Dwivedi)



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