CN expands its rail network with the acquisition of Iowa Northern Railway
- The U.S. Surface Transportation Board approved CN's acquisition of Iowa Northern Railway Company.
- This acquisition allows CN to incorporate 175 miles of track into its extensive rail network.
- The move is expected to enhance service offerings and market access for customers across North America.
On January 14, 2025, in the United States, the U.S. Surface Transportation Board (STB) approved Canadian National Railway Company's (CN) acquisition of Iowa Northern Railway Company (IANR). This significant approval allows CN to integrate IANR's 175 route miles into its extensive rail network, which spans nearly 20,000 miles. By doing so, CN aims to enhance its service offerings, particularly in the transportation of grain, fertilizer, renewable fuels, and other industrial goods, thereby connecting various markets across North America more effectively. The integration is expected to facilitate single-line service, which will provide customers and local businesses greater flexibility to meet the demands of their existing markets while also enabling them to expand into new ones. Tracy Robinson, President and CEO of CN, expressed enthusiasm about the acquisition, highlighting the importance of integrating IANR into CN’s operations. She emphasized that this move is fundamental to CN’s growth strategy and commitment to delivering superior rail services to its customers. Daniel Sabin, Chairman of Iowa Northern Railway, also expressed pride in the combination, noting it as a significant milestone in his 55-year career. He acknowledged the contributions of IANR’s employees and its pivotal role in the Iowa economy, underscoring the benefits this merger brings to customers, employees, and local communities. As planned, the integration of IANR into CN's existing infrastructure is set to commence on February 13, 2025, allowing for smoother operations and enhanced service capabilities. This merger marks a critical step in CN's strategy to expand its operational reach and enhance its offerings. With such a sizable combination, CN anticipates bolstering economic growth in the regions served by both CN and IANR. This aligns with CN's long-standing commitment to safe, efficient transportation of a vast array of goods throughout North America, benefiting the nation's economy as a whole.