CN just acquired rail from the shortline Railamerica in Canada. There are some rumors circulating they could be buying more rail in the U.S. has anyone else heard this?
Railroad Forums
Would love to see them get the SLR back.Are you kidding? The SLR is swimming in profits on a line where CN didn't consider it worthwhile to stay--they're using freshly rebuilt road slugs on an expanding percentage of welded rail. Secondary lines like the SLR are just more efficient in the hands of a small railroad than a Class 1. What CN is good at is taking the cars assembled by smaller roads and moving them longer distances--which is currently the case with the SLR.