Canadian National Railway
Canadian National Railway is a major transportation company in Canada, providing integrated shipping solutions that encompass rail, intermodal, trucking, freight forwarding, warehousing, and distribution. Its extensive railway network spans from coast to coast across Canada and extends into the United States, reaching Chicago and the Gulf of Mexico. In 2023, Canadian National Railway generated CAD 16.8 billion in revenue, with key revenue streams including intermodal containers, petroleum and chemicals, grain and fertilizers, forest products, metals and minerals, automotive shipments, and coal. The company emphasizes supply chain innovation and collaboration while prioritizing safety for its employees, customers, and the public. Committed to environmental stewardship and community development, Canadian National Railway aims to enhance shareholder value and create a positive workplace environment, ensuring the efficient and cost-effective movement of goods on a global scale.
Iowa Northern Railway
Acquisition in 2025
Iowa Northern Railway Company is a rail transportation provider based in Cedar Rapids, Iowa, operating over 250 miles of rail lines primarily in the United States and Canada. Founded in 1984, the company focuses on transporting a variety of goods, including grain, ethanol, minerals, and other commodities. It serves customers in agriculture, energy, and manufacturing sectors, facilitating the distribution of products such as corn, beans, and renewable energy components. In addition to its core transportation services, Iowa Northern Railway offers transloading and storage solutions, as well as distribution services for wind turbine components like generators and blades. The company maintains offices and repair facilities in Manly, Greene, and Waterloo, Iowa, to support its operations and customer service initiatives.
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