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The agreement is not a final transfer or sale, but it does signal a starting point to begin formal negotiations. The two sides are hoping to finalize a deal within 45 days. “Having visited many communities along the rail line, it became clear to me that the rail line served as a utility for these remote communities and that for the line and the assets to truly succeed, First Nation participation in ownership and management was essential,” said OmniTrax Canada president Merv Tweed in the release. Earlier this year, OmniTrax cut freight train service to Churchill from two trains per week to one and laid off much of its staff in Churchill. ....