Grand Trunk Corporation

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.

GTC was incorporated in Delaware 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, and has since acquired other companies, mostly through acquisitions of other holding companies: Illinois Central Corporation (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 02001-01-012001
Bessemer and Lake Erie Railroad GLT 02004-01-012004
Cedar River Railroad IC 01999-01-011999
Chicago Central and Pacific Railroad IC 01999-01-011999
Duluth, Missabe and Iron Range Railway GLT 02004-01-012004
Duluth, Winnipeg and Pacific Railway CN 01971-12-01December 1971
Elgin, Joliet and Eastern Railway Transtar Inc. (United States Steel Corporation) 2009
Grand Trunk Western Railroad CN 01971-12-01December 1971
Great Lakes Fleet, Inc. GLT 02004-01-012004
Illinois Central Railroad IC 01999-01-011999
Pittsburgh and Conneaut Dock Company GLT 02004-01-012004
Sault Ste. Marie Bridge Company WC 02001-01-012001
Waterloo Railway IC 01999-01-011999
Wisconsin Central Ltd. WC 02001-01-012001
Wisconsin Chicago Link Ltd. WC 02001-01-012001
Central Vermont Railway CN 01971-12-01December 1971 Sold February 1995 to RailTex
Detroit, Toledo and Ironton Railroad Pennco (Penn Central Corporation) 01980-06-01June 1980 Merged December 1983 into Grand Trunk Western Railroad
Detroit and Toledo Shore Line Railroad Acquired Norfolk and Western's 50% share. 01981-04-01April 1981 Merged October 1981 into Grand Trunk Western Railroad
Fox Valley and Western Ltd. WC 02001-01-012001 Merged December 2002 into Wisconsin Central Ltd.
St. Clair Tunnel Company CN 01971-12-01December 1971 Merged September 2008 into Grand Trunk Western Railroad

Famous quotes containing the words grand, trunk and/or corporation:

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