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:
“Man, in the ideal, is so noble and so sparkling, such a grand and glowing creature, that over any ignominious blemish in him all his fellows should run to throw their costliest robes.”
—Herman Melville (1819–1891)
“Let me have
A dram of poison, such soon-speeding gear
As will disperse itself through all the veins
That the life-weary taker may fall dead,
And that the trunk may be discharged of breath
As violently as hasty powder fired
Doth hurry from the fatal cannon’s womb.”
—William Shakespeare (1564–1616)
“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)