Rail operator Canadian National (CN) has acquired Winnipeg-based haulier TransX Group for an undisclosed price, as it looks to increase its intermodal operations.
CN said TransX would continue to operate independently but would provide access to 1,500 trucks and 1,000 intermodal containers across its 12 North American hubs.
CN CEO JJ Ruest said: “This allows us to deepen our supply chain focus, strengthening our franchise, including intermodal business, notably the fast-growing refrigerated segment.
“This alignment creates a solid …
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Source: The Loadstar