The North Central Mississippi Regional Railroad Authority (NCMRRA) on July 30, 2015 completed its acquisition of Grenada Railway, LLC and signed a 15-year lease agreement with a subsidiary of Iowa Pacific Holdings to operate and develop new business on the line.
Hamilton, Ont., located at the western end of Lake Ontario some 40 miles beyond Toronto, has received its second GO Transit station, named West Harbour.
In preparing for the upcoming harvest and continuing to look for ways to innovate and develop new approaches to doing business, Canadian National Railway Company (CN) has introduced a new suite of products for western Canadian grain for the 2015-16 crop year, the company announced July 6, 2015.
Immediately following the signing of a similar agreement with the Alabama State Port Authority, CN on June 17, 2015 signed a memorandum of understanding (MOU) with the Port of New Orleans “that will see the parties develop greater supply chain efficiencies aimed at drawing more container traffic over the port to North American markets.”
CN, the Alabama State Port Authority (ASPA) and APM Terminals Mobile, LLC on June 15, 2015 signed a memorandum of understanding (MOU) for the Port of Mobile intermodal gateway project, which is “intended to drive increased supply chain efficiency and a greater share of transportation markets in North America.”
CN is investing C$20 million in the expansion of its cold supply chain capacity to help producers and distributors of chilled or frozen foods grow their businesses in North America and overseas markets, the company announced on June 1, 2015.
Canadian National Railway plans to invest C$2.7 billion in 2015 for rail infrastructure maintenance improvements, as well as in new capacity, equipment and technology to raise network safety and efficiency, improve service and support future growth, the company announced on May 5, 2015.
CN has embarked on a C$500 million multi-year capital investment program for infrastructure improvements to its Western Canada feeder rail lines in Alberta, Manitoba and Saskatchewan.