MONTREAL & GREENWICH, Conn.--(BUSINESS WIRE)--Aug. 2, 2012--
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that GWI and a
newly formed GWI subsidiary, KeRail Inc. (KeRail), have entered into a
long-term agreement with Tata Steel Minerals Canada Ltd. (TSMC) for
KeRail to provide rail transportation services to the 4.2 million tons
per annum direct shipping iron ore mine TSMC is developing near
Schefferville, Quebec in the Labrador Trough (the Mine). In addition,
KeRail will construct an approximately 21-kilometer rail line (Rail
Line) that will connect TSMC’s mine to the Tshiuetin Rail Transportation
(TSH) i...
More...
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that GWI and a
newly formed GWI subsidiary, KeRail Inc. (KeRail), have entered into a
long-term agreement with Tata Steel Minerals Canada Ltd. (TSMC) for
KeRail to provide rail transportation services to the 4.2 million tons
per annum direct shipping iron ore mine TSMC is developing near
Schefferville, Quebec in the Labrador Trough (the Mine). In addition,
KeRail will construct an approximately 21-kilometer rail line (Rail
Line) that will connect TSMC’s mine to the Tshiuetin Rail Transportation
(TSH) i...
More...