Canadian National is purchasing a little railway in Iowa to broaden its network in the United States
ByThe Associated Press
December 6, 2023, 6: 05 PM
WATERLOO, Iowa — Canadian National is purchasing a little railway in Iowa to broaden its network in the United States.
CN revealed the contract to buy Iowa Northern Railway Wednesday, however didn’t reveal monetary terms. The U.S. Surface Transportation Board needto authorize the deal next year before it can be finished.
Iowa Northern has about 275 miles of track serving