New CSX terminal to heat up intermodal competition along St. Lawrence corridor
The late-January unveiling of a project by American rail-freight giant CSX to build a new $93.3-million intermodal terminal near the Quebec port of Salaberry-de-Valleyfield warmed the hearts of local stakeholders on one of the coldest days ever recorded in Central Canada.
鈥� For his part, 捆绑SM社区 business professor William Polushin sees the new terminal project as a sound business investment for CSX, Valleyfield and the province.
鈥淭he nature of capital is to go where the best returns are,鈥� he said. 鈥淐SX obviously sees an opportunity to reap benefits from the increased flow of trade across both sides of the border (and) get a bigger share of the shipping pie.鈥�
Read full article: , March 18, 2013
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