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CN buys Alberta feeder lines to oil sands
EDMONTON -- CN Rail has purchased the Alberta short-line railways owned by RailAmerica, Inc., of Boca Raton, Fla., for $26 million in cash. In addition, RailAmerica may receive up to $4 million in future payments, depending on the development of new business on the acquired railways.
CTA says it’s eager to work with Harper’s government on hwy, border issues
OTTAWA -- The Canadian Trucking Alliance is congratulating new Prime Minister-designate Stephen Harper's election win on Monday, but also urged the Conservative Party to keep campaign promises about providing stable, permanent funding for highway and border infrastructure.