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Rusk County rails part of CN track purchase


A major freight rail carrier and a logistics company have reached an agreement for the sale of key rail lines, including 650 miles of track in Wisconsin and upper Michigan
CN will sell to Watco its non-core lines and assets on the Soo subdivision. This includes about 250 miles of track that runs from Sault Ste. Marie, Ontario to Oba, Ontario and about 650 miles of branch lines of Wisconsin Central Ltd. in Wisconsin and Michigan. This marks the successful conclusion of the sale process that CN announced and launched in July of 2020.
Not all lines the company uses here would be sold, according a map of the affected assets provided by CN. The map shows the sale includes rarely used Rusk County tracks from Tony west to Goodman in Marinette County. CN will retain its track between Ladysmith and Tony. ....

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Canadian National to sell Northwoods rail lines


By Chris Conley
Apr 5, 2021 12:04 AM
RHINELANDER, WI (WSAU-WXPR) A deal to sell off hundreds of miles of railroad tracks in Northern Wisconsin and the Upper Peninsula could mean good things for the Northwoods.
Canadian National says it’s reached a deal with WATCO to sell off 650 miles of railroad tracks in the region. Northwoods Rail Transit Commission chair Wendy Gehlhoff says the buyer, WATCO, already owns tracks in southern Wisconsin. She’s glad the deal will close quickly. “It’s a pretty fast-paced actually for a class one in regards to selling lines. We were told it could be several years-long process, but very good to hear that they’ve reached a tentative agreement.” ....

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