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Canadian Pacific ends CSX deal talks

By Tom Murphy
Published October 20, 2014 3:59pm ET
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Canadian Pacific ends CSX deal talks
In this May 16, 2012 photo, Canadian Pacific Railway locomotives move cars at a rail yard in Calgary, Alberta. Canadian Pacific Railway on Monday, Oct. 20, 2014 said it has ended talks with U.S. counterpart CSX about a possible combination and plans no more discussions. (AP Photo/The Canadian Press, Jeff McIntosh) | (AP Photo/The Canadian Press, Jeff McIntosh)

Canadian Pacific Railway has ended talks with U.S. counterpart CSX about a possible combination and plans no more discussions.

The railway operator did not say on Monday why it ended talks, but it did note in a brief statement that regulatory concerns appear to be a major deterrent for railroads considering combinations.

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