Railroads boost Memphis-area logistics sector

12/23/2009 | Daily News (Memphis, Tenn.), The

The logistics sector in Memphis, Tenn., has weathered the downturn better than many industries in 2009, largely because of railroad investment, Eric Smith writes. BNSF Railway completed a $200 million expansion to its Memphis intermodal facility, while Canadian National Railway finished a $100 million renovation of its switching facility. "This gateway is critical to us," said Hunter Harrison, outgoing CEO of CN. "It has tremendous strategic value."

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Daily News (Memphis, Tenn.), The