The deal will combine the two operators’ first- and last-mile rail services and terminal infrastructure businesses across Canada and the United States.
The Government-backed deal will see Network Rail and its property development company Platform4 take long-term control of the Barking Eurohub site in east London.
For the rail industry, the record backlog signals continued capital spending by North American freight operators and sustained procurement activity in passenger markets.
For the rail industry, the record backlog signals continued capital spending by North American freight operators and sustained procurement activity in passenger markets.