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Canadian National Railway to acquire CSX's Massena rail line

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Canadian National Railway to acquire CSX's Massena rail line

Canadian National Railway Co. is acquiring CSX Corp.'s Massena rail line, which represents more than 220 miles of track between Valleyfield, Canada, and Woodard, N.Y.

The line runs through Massena, Norwood, Potsdam and Gouverneur in New York, as well as Beauharnois and Huntingdon on the Canadian side.

The terms of the deal, which is subject to regulatory review, were not disclosed.

Canadian National Railway said the acquisition is expected to expand its reach in New York.