With grain company interest waning following the end of the Canadian Wheat Board’s single desk in 2012, it appears the Port of Churchill will not be handling any grain during the upcoming shipping season. The port, which is owned by Denver-based OmniTrax, called its employees to a meeting at 3:30pm on Monday to inform them they… Read more »
Tag: Port of Churchill
OmniTrax Plans to Sell Port of Churchill, Hudson Bay Rail Line to First Nations
OmniTrax has accepted a letter of intent from a group of Northern Manitoba First Nations wanting to purchase the Port of Churchill and the Hudson Bay Railway. It was first reported several weeks ago that the Denver-based transportation company was considering selling its Manitoba assets. The letter triggers a 45 day due diligence period in which both parties… Read more »