by QB 52.32
What I find more fascinating in the "cement conversation" is how that highlights the potential competitive issues of this play by CSX. I would think that CQ, CN and CP would all raise issues about the long-term potential competitive affects of CSX favoring cement sourced from longer-haul origins, like out of MD, over Quebec origins through short-haul gateways. I don't have a complete understanding of the cement market, so I can't fully gauge the competitive impacts, but find it fascinating in highlighting potential factors with how this deal might go down amongst the affected Class 1's, including gateway protection, horse trading, or, even, what the ultimate outcome looks like.