Items Tagged with 'IHS Markit'

President Joe Biden is pushing new rail regulations that lower rates for ag shippers, but the railroads say the rules designed to spur competition among major railroads would increase their costs and ultimately backfire on customers.

Grains and other agricultural commodity shippers could benefit from a Canadian rail line’s acquisition of Kansas City Southern because of faster shipping routes, but some experts also are concerned the deal could lead to further mergers that ultimately reduce competition and increase rail rates.