CN vs CR

[Anonymous]

[:(] It Seems To Me That There Are Simularitys Between
Conrail CR & Canadian National CN
Both Pulled Bankrupt Lines Out Of The Pit
But CN Is Taking It To Far They Already Own WC,IC,GTW,AGC,& Now
They Are Getting D&MIR & B&LE Whats Next Cp Soo[:p]

[CSSHEGEWISCH]

Canadian National was originally a Crown Corporation which served as the entity for the nationalization of various insolvent railroads, primarily the Canadian Northern and the Grand Trunk Pacific. Several other insolvent carriers were added during WWI and the early 1920's. CN was dependent on a certain amount of subsidy to cover its fixed costs. CV, GTW & DW&P were always the US subsidiaries of CN.
CN was privatized in 1994 and at that time absorbed Illinois Central. Wisconsin Central had previously absorbed Algoma Central and was later sold to CN. According to the January issue of TRAINS, CN is buying DM&IR and B&LE primarily to obtain a key stretch of trackage in the Twin Ports area. B&LE and Pittsburgh & Conneaut Dock don't connect with the rest of CN so it should be interesting to see what happens next.

[Anonymous]

This Will Be Fun To See I Think That CN Will End Up Like CR
CP Might Take Half But Who Gets The Rest Hopefully Not Up[:)][:I][:I]