MidRail LLC Chairman Gil Lamphere offers his views on the competition between Canadian Pacific and CN to acquire Kansas City Southern, discussing the details of voting trusts and the role of the Surface Transportation Board, and other railroad merger-related issues, with Railway Age Editor-in-Chief William C. Vantuono.
Lamphere has nearly 40 years of experience as a principal investor and financier in rail industry and other private equity transactions. He has headed four private equity firms and has extensive operational experience as a chairman and/or board member for a wide range of publicly traded and private companies. Lamphere is the former Chairman of the Illinois Central Railway, Co-Founder of MidSouth Rail Corporation and a former board member of CN, CSX and Florida East Coast Railway. He led teams and boards that bought, managed and changed operations at those railroads, and at Southern Pacific, with alumni leading CP, creating gains for investors in excess of $2 billion.