New G&W Partnership with CP

CP Press Release from 10/9/17: "CP extends reach into the Ohio Valley"

First two paragraphs:

Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced a new partnership with Genesee & Wyoming Inc. (G&W) (NYSE: GWR) and Bluegrass Farms of Ohio that will open up the Ohio Valley to CP customers and further extend CP's reach into key North American markets.

CP has an exclusive agreement with Bluegrass Farms of Ohio to use its 90-acre intermodal facility in Jeffersonville, Ohio located strategically on the I-71 corridor with the ability to serve the Columbus, Cincinnati and Dayton markets. The farm consortium will continue to own the facility, and will operate it on behalf of CP. CP has also come to an agreement with G&W, which services the site through its Indiana & Ohio (IORY) line.

Jeffersonville, OH looks to be in the center of several contiguous G&W lines serving Lima, Cincinnati, Columbus, and eastern Ohio - Looks like there is potential business opportunity here for CP's West Coast traffic.

http://www.cpr.ca/en/media/cp-extends-r ... ce-in-asia

It's been six months. Is anything happening with this?

With the new tariffs is this initiative dead?

There have been several test runs, the last of which I witnessed, was a single locomotive and a single tub intermodal car about six weeks ago if memory serves me.

Judging by the size of this IORY, CF&E’s handoff to get to CP, intermodal train, they’re still “building up” their customer base.

https://www.youtube.com/watch?v=_vAIGAsS3bQ

Business is picking up.

https://www.youtube.com/watch?v=ua4ptm2sFWI