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CN makes offer to buy Halterm

CN makes offer to buy HaltermCN Rail’s CEO told the financial post on Wednesday that it made an offer to buy Halterm from Macquarie Infrastructure. Macquarie Infrastructure bought the terminal in 2007 for 173 million.

CN wants to tern Halterm into the Prince Rupert of the east coast, and attempt to lure traffic from New York. CN’s rail network reaches extensively into the US, and has port access in the Gulf of Mexico.

this is the best possible terminal operator for halifax, is they want to fill their trains, and have the ability to market the terminal and lure new customers here.

Original article: CN makes offer to buy Halterm.

About Halifax Shipping News

Halifax Shipping News began in 2008 as a blog called The Armchair Captain. The idea behind it came when I would become curious about the comings and goings in the harbour, and research to find their source. I figured if I was wondering, others would be as well, and so I would blog about them. 5+ years later, here we are. This blog is written by Peter Ziobrowski. Peter is a Senior IT System Architect, and holds a BA in the History & Theory of Architecture,as well as diplomas in Computer System Technology and Information System Security. His personal site can be found at http://www.ziobrowski.net. Peter is available for media interviews on local Maritime issues. He also holds a large collection of photos of shipping subjects from Halifax suitable for publication. You can contact him directly via email at peter@halifaxshippingnews.ca.

 

The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

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