CHICAGO,
Dec. 30, 2011
(PRNewswire) -
CN announced today it will complete the merger of three of its U.S. operating subsidiaries on Dec. 31, 2011 . The merger of Duluth , Missabe and Iron Range Railway Company (DMIR), Duluth , Winnipeg and Pacific Railway Company (DWP), and Wisconsin Central Ltd. (WC) will simplify CN's corporate structure and operations by combining these three separate connecting rail affiliates into a single entity -- Wisconsin Central Ltd.
Jim Vena, CN senior vice-president, CN Southern Region, said: "CN expects the merger will lead to operational efficiencies and service improvements through the integration of distinct work forces in and around the Twin Ports region of Duluth, Minn., and Superior, Wis. , where DMIR, DWP, and WC operate today. 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."
The merger was authorized through a notice of exemption for transactions within a corporate family filed with the U.S. Surface Transportation Board on April 8, 2011 , that became effective May 8, 2011. Under labor protective conditions imposed by the STB, implementing agreements with the unions representing the various crafts must be in place prior to closing the transaction. All such agreements are now in place, permitting the company to complete the merger.
CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico , serving the ports of Vancouver , Prince Rupert, B.C. , Montreal , Halifax , New Orleans , and Mobile, Ala. , and the key metropolitan areas of Toronto , Buffalo , Chicago , Detroit , Duluth, Minn. / Superior, Wis. , Green Bay, Wis. , Minneapolis/St. Paul , Memphis , and Jackson, Miss. , with connections to all points in North America . For more information on CN, visit the company's website at www.cn.ca.
