News / CN signals intermodal ambitions with takeover bid for port of Halifax terminal

Canadian National Railway (CN) is poised to break last year’s record investment with a larger splurge on its network, equipment and technology this year.

The rail giant also has lofty ambitions, involving the port of Halifax, to replicate the blockbuster growth of Prince Rupert.

A major focus of CN’s strategy is expanding its intermodal business, underlined in October when it acquired transport operator TransX.

Two months later, CN moved in for another acquisition: with an unidentified partner it put in a preliminary offer ...