CSX plans to invest $100 million in a new 89-acre intermodal rail terminal in Quebec, said CSX Chairman, President and CEO Michael Ward. The project is expected to generate 900 jobs and handle 100,000 containers each year when it opens in 2015. "The terminal will provide an anchor for the development of new business, helping boost the economy and create jobs while helping the environment and reducing congestion on the highways," Ward said.

Related Summaries