CN Railway, Nasco plan Chicago steel hub

Nov 01, 2010 | 02:04 PM | Scott Robertson

A rail and stevedoring partnership has been formed to construct a transloading facility in Chicago for the transportation of steel products.

Canadian National Railway Co. (CN), Montreal, and North America Stevedoring Co. LLC (Nasco), Chicago, which plan to establish a hub for steel transportation in the Midwest, did not provide investment details but said the geographic location is of paramount advantage to them and to steel customers, given that roughly half of North American steel output and consumption takes place within a 300-mile radius of Chicago.....

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