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,[2] 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.
Company
Acquired from
Date
Notes
Algoma Central Railway
WC
2001
Bessemer and Lake Erie Railroad
GLT
2004
Cedar River Railroad
IC
1999
Chicago Central and Pacific Railroad
IC
1999
Duluth, Missabe and Iron Range Railway
GLT
2004
Duluth, Winnipeg and Pacific Railway
CN
December 1971[2]
Elgin, Joliet and Eastern Railway
Transtar Inc. (United States Steel Corporation)
2009
Grand Trunk Western Railroad
CN
December 1971[2]
Great Lakes Fleet
GLT
2004
Illinois Central Railroad
IC
1999
Pittsburgh and Conneaut Dock Company
GLT
2004
Sault Ste. Marie Bridge Company
WC
2001
Waterloo Railway
IC
1999
Wisconsin Central Ltd.
WC
2001
Wisconsin Chicago Link Ltd.
WC
2001
Central Vermont Railway
CN
December 1971[2]
Sold February 1995 to RailTex[3]
Detroit, Toledo and Ironton Railroad
Pennco (Penn Central Corporation)
June 1980[2]
Merged December 1983 into Grand Trunk Western Railroad[2]
Detroit and Toledo Shore Line Railroad
Acquired Norfolk and Western's 50% share.
April 1981[2]
Merged October 1981 into Grand Trunk Western Railroad[2]
Fox Valley and Western Ltd.
WC
2001
Merged December 2002 into Wisconsin Central Ltd.[4]
St. Clair Tunnel Company
CN
December 1971
Merged September 2008 into Grand Trunk Western Railroad[5][6]
^"Class I Railroad Statistics" (PDF). Association of American Railroads. May 14, 2003. Archived from the original (PDF) on September 16, 2003. Retrieved June 3, 2017.
^ abcdefghMoody's Transportation Manual, 1992, pp. 233, 237
^Railroad Retirement Board, Employer Status Determination: Central Vermont Railway, Inc. Archived 2009-01-17 at the Wayback Machine, 1995
^STB Finance Docket No. 34296, January 22, 2003
^STB Finance Docket No. 35142 Archived 2012-03-09 at the Wayback Machine, July 25, 2008
^Railroad Retirement Board, Employer Status Determination: Grand Trunk Western Railroad, Inc. Archived 2009-01-17 at the Wayback Machine, November 19, 2008
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