CN's Acquisition of Iowa Northern Approved by STB

MONTREAL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is pleased to announce that the U.S. Surface Transportation Board (STB) has approved CN's acquisition of Iowa Northern Railway Company (IANR). The decision allows CN to combine IANR's 175 route miles with CN's nearly 20,000-mile rail network as early as February 13, 2025. A combined CN-IANR will offer single-line service to better connect grain, fertilizer, renewable fuels, and industrial markets to CN's North American network. Customers an ...