Grand Trunk Corporation Explained

Railroad Name:Grand Trunk Corporation
Logo Filename:Grand Trunk Western logo.svg
Locale:United States
Start Year:1971
Hq City:Montreal, Quebec, Canada

The Grand Trunk Corporation is the subsidiary holding company for the Canadian National Railway's properties in the United States. It is named for CN subsidiary railroad Grand Trunk Western Railroad. The Association of American Railroads has considered it to be a Class I railroad since fiscal year 2002.[1]

GTC was incorporated under Delaware General Corporation Law on September 21, 1970 as Grand Trunk Industries, Inc., and renamed Grand Trunk Corporation on November 18, 1970. It acquired control of CN's U.S. properties; Grand Trunk Western, Central Vermont Railway and the Duluth, Winnipeg and Pacific Railway in December 1971, and has since acquired other companies, mostly through acquisitions of other holding companies: Illinois Central Railroad (IC) in 1999, Wisconsin Central Transportation Corporation (WC) in 2001, Great Lakes Transportation in 2004, and Elgin, Joliet and Eastern Railway in 2008.

CompanyAcquired fromDateNotes
Algoma Central RailwayWC
Bessemer and Lake Erie RailroadGLT
Cedar River RailroadIC
Chicago Central and Pacific RailroadIC
Duluth, Missabe and Iron Range RailwayGLT
Duluth, Winnipeg and Pacific RailwayCN
Elgin, Joliet and Eastern RailwayTranstar Inc. (United States Steel Corporation)2009
Grand Trunk Western RailroadCN
Great Lakes FleetGLT
Illinois Central RailroadIC
Pittsburgh and Conneaut Dock CompanyGLT
Sault Ste. Marie Bridge CompanyWC
Waterloo RailwayIC
Wisconsin Central Ltd.WC
Wisconsin Chicago Link Ltd.WC
Central Vermont RailwayCN[2] Sold February 1995 to RailTex[3]
Detroit, Toledo and Ironton RailroadPennco (Penn Central Corporation)Merged December 1983 into Grand Trunk Western Railroad
Detroit and Toledo Shore Line RailroadAcquired Norfolk and Western's 50% share.Merged October 1981 into Grand Trunk Western Railroad
Fox Valley and Western Ltd.WCMerged December 2002 into Wisconsin Central Ltd.[4]
St. Clair Tunnel CompanyCNMerged September 2008 into Grand Trunk Western Railroad[5] [6]

Further reading

External links

Notes and References

  1. Web site: Class I Railroad Statistics. https://web.archive.org/web/20030916134027/http://www.aar.org/PubCommon/Documents/AboutTheIndustry/Statistics.pdf. May 14, 2003. September 16, 2003. . Association of American Railroads. June 3, 2017.
  2. [Moody's Transportation Manual]
  3. [Railroad Retirement Board]
  4. http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/CF521846DC3E849085256CAE007DD265?OpenDocument STB Finance Docket No. 34296
  5. http://www.stb.dot.gov/Decisions/readingroom.nsf/WEBUNID/1EA4B08CBD313FC88525748A005FA1B3?OpenDocument STB Finance Docket No. 35142
  6. [Railroad Retirement Board]