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Iron Road Railways expanding in Canada. (negotiates with CP Rail to acquire line to link southeastern Quebec with Montreal and Vermont)(Short Lines & Regionals)(Brief Article)
From:
Railway Age
| Date:
September 1, 1995
| COPYRIGHT 1995 Simmons-Boardman Publishing Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
|
Iron Road Railways (IRR) is negotiating with CP Rail to acquire 250 miles of line that would connect existing IRR-owned lines in southeastern Quebec with greater Montreal and northern Vermont.
"The prospective acquisition will strengthen our ability to offer shippers throughout the Atlantic Provinces and northern New England a fully-integrated transportation system focused on quality service," said IRR President and CEO Robert T. Schmidt. "Control of these lines will add to our own operating efficiency and provide improved direct connection with our Class I partners in the ...
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