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Rail News: Short Lines & Regionals

Quebec North Shore and Labrador Railway lands iron ore concentrate contract

Consolidated Thompson Iron Mines Ltd. recently signed a transportation agreement with the Quebec North Shore and Labrador Railway Co. Inc. (QNS&L) to move iron ore concentrate.

The 261-mile short line will transport the freight about 248 miles from Labrador City, Newfoundland, to Sept-Iles, Quebec.

"This agreement will ensure long-term access to the world's largest consumers of iron ore for our future ... product," said Consolidated Thompson President and Chief Executive Officer Richard Quesnel in a prepared statement.

Owned by Iron Ore Co. of Canada, QNS&L operates a line between Labrador City and the Port of Sept-Iles.

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More News from 8/8/2008