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1/2/2012
Rail News: HomePage
CN merges three U.S. subsidiaries at year's end
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On Dec. 31, CN completed the merger of three of its U.S. operating subsidiaries: the Duluth, Missabe and Iron Range Railway Co. (DMIR); Duluth, Winnipeg and Pacific Railway Co. (DWP); and Wisconsin Central Ltd. (WC). The merger into a single entity — Wisconsin Central Ltd. — will simplify the Class I’s corporate structure and operations, CN officials said in a prepared statement.
The integration of workforces in and around the twin ports region of Duluth, Minn., and Superior, Wis., where DMIR, DWP and WC operate, will lead to operational efficiencies and service improvements, said Jim Vena, CN’s senior vice president-Southern Region.
“A unified workforce will allow better management of crew staffing and more efficient and reliable rail service to customers throughout the region, including those in the Mesabi iron ore range, and beyond,” he said.
In May, the Surface Transportation Board authorized the merger, pending labor protective conditions. The Class I reached merger-related agreements with the unions representing the various crafts, enabling the railroad to complete the transaction, CN officials said.
The integration of workforces in and around the twin ports region of Duluth, Minn., and Superior, Wis., where DMIR, DWP and WC operate, will lead to operational efficiencies and service improvements, said Jim Vena, CN’s senior vice president-Southern Region.
“A unified workforce will allow better management of crew staffing and more efficient and reliable rail service to customers throughout the region, including those in the Mesabi iron ore range, and beyond,” he said.
In May, the Surface Transportation Board authorized the merger, pending labor protective conditions. The Class I reached merger-related agreements with the unions representing the various crafts, enabling the railroad to complete the transaction, CN officials said.