CN supports shortline.(Canadian National Railway Co. finances Columbus & Greenville Railway's operations)(Brief Article)(Statistical Data Included)

From: Railway Track and Structures | Date: November 1, 2000 | Copyright information

Canadian National has agreed to finance $2.4 million (U.S.) in track improvements to enable the Columbus & Greenville Railway to handle loaded railcars weighing up to 286,000 pounds. As part of the agreement, Delta Western Feed Mill, Inc., an affiliate and largest customer of C&G, has committed to route via CN, for the next 10 years, a substantial portion of the inbound grain moving to its catfish feed production plan...

Related newspaper, magazine, and journal articles from HighBeam Research

Canadian National to buy EJ&E: $300 million deal eases urban routes.
Chicago Tribune (Chicago, IL) ; Byline: James P. Miller Sep. 27--Seeking to sidestep Chicago's notorious rail congestion, Canadian National Railway Co. on Wednesday agreed to pay $300 million to acquire most of the Elgin, Joliet and Eastern Railway Co., a regional line that rings the metropolitan area. The deal, which Canadian
CN supports shortline.(Canadian National Railway Co. finances Columbus & Greenville Railway's operations)(Brief Article)(Statistical Data Included)
Railway Track and Structures ; Canadian National has agreed to finance $2.4 million (U.S.) in track improvements to enable the Columbus & Greenville Railway to handle loaded railcars weighing up to 286,000 pounds. As part of the agreement, Delta Western Feed Mill, Inc., an affiliate and largest customer of C&G, has
Rail line plans to blow its horns Canadian National won't use warning system in Mundelein.(News)
Daily Herald (Arlington Heights, IL) ; Byline: Russell Lissau Daily Herald Staff Writer Canadian National Railway engineers soon may resume sounding traditional train horns as they speed through the Mundelein area, ignoring the automated warnings used here for more than a year. In a letter to the village, a Canadian National attorney
ROADBLOCK TO CONRAIL SPLIT-UP IS OVERCOME CSX AGRREMENT WITH CANADIAN NATIONAL RESOLVES OBJECTIONS TO DEAL.(BUSINESS)
The Virginian Pilot ; Byline: MEREDITH COHN, STAFF WRITER Another objector to the proposed split-up of Conrail has apparently been won over. Canadian National Railway Co., which had opposed Norfolk Southern Corp.'s and CSX Corp.'s proposed division of Conrail, said Friday that it has decided to support the Conrail deal.
Intermodal service to reactivate freight terminal.(Canadian National Railway Co., Wheeling and Lake Erie Railway Co.)(Brief Article)
Crain's Cleveland Business ; Canadian National Railway Co. has struck a deal with Wheeling & Lake Erie Railway Co. to provide intermodal rail service in Northeast Ohio from a now-idle freight terminal in southwestern Stark County. Canadian National will use as its regional base of intermodal operations the Neomodal
CANADIAN NATIONAL RAILWAY TO BUY WISCONSIN LINE BUYOUT PLAN CALLS FOR THE COMPANY TO PAY $17.15 FOR EACH WISCONSIN CENTRAL SHARE AND TAKE OVER $400 MILLION IN DEBT.(Business)
Wisconsin State Journal (Madison, WI) ; ... takeover cost includes $400 million in Wisconsin Central debt. Paul Tellier, the Canadian National chief executive, said in a news release the merger would secure a link connecting Chicago and Superior, Wis., to Canadian National's network across Canada. He ...
Wis. Central sale on track Canadian National to buy local railroad
Chicago Sun-Times ; Topping off months of corporate drama, Rosemont-based Wisconsin Central Transportation Corp. agreed Tuesday to be bought by Canadian National Ry. Co., Canada's largest railroad, for $1.2 billion in cash and assumed debt. Montreal-based Canadian National, with 15,000 miles of track, said it will pay
Canadian National to acquire Illinois Central for 17.1 times earnings
Weekly Corporate Growth Report ; ... are also provisions that prohibit Illinois Central from soliciting other bids, as well as a breakup fee of $72 million. On the news, Canadian National fell 12.5 to $54.4375/share, while Illinois Central fell 6.255 to $35.6875/share. Discussion: The deal will ...
Canadian National cuts 100 state jobs
The Milwaukee Journal Sentinel ; Canadian National cuts 100 state jobs Fond du Lac, Stevens Point repair shops will be hit hardest By RICK ROMELL rromell@journalsentinel.com, Journal Sentinel Wednesday, November 27, 2002 About 100 Wisconsin jobs will be lost as Canadian National Railway Co. slices employment across its system in
Canadian National strike ends.
Times (Munster, IN) ; ... newspaper, go to http://www.nwitimes.com. Copyright (c) 2006, The Times, Munster, Ind. Distributed by McClatchy-Tribune Business News. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write ...