OmniTRAX Canada Executive Vice President Retires; Bernie Boucher Retires after Nearly 40 Years in Railroading.Business Editors WINNIPEG, Manitoba--(BUSINESS WIRE)--April 29, 2004 OmniTRAX Canada today announced the retirement of Executive Vice President, Bernie Boucher. Mr. Boucher is also the President of the Churchill Gateway Development Corporation (CGDC CGDC Christian Game Developers Conference CGDC Computer Game Developers Conference CGDC Cymdeithas y Gwartheg Duon Cymreig (Welsh Black Cattle Society, UK) ). His retirement from both positions will be effective May 15, 2004. In making the announcement, Mr. Boucher said: "I have worked almost 40 years in the railroad industry and decided it is time to devote more time to my family and my private endeavors. After much thought and many discussions with my family and my colleagues, I have decided to retire now because I have reached all the professional goals I had set out to accomplish. We have made great strides this year already with CGDC with significant opportunities to diversify and grow the traffic moving through Churchill but there is a lot of work left to do to achieve our long-term goals Long-term goals Financial goals expected to be accomplished in five years or longer. . I believe the CGDC is well on its way." Mike Ogborn, Managing Director of OmniTRAX, said: "We shall sorely miss Bernie's experience, leadership, and direction in our operations in Canada. In his five years with us, he took an underutilized rail line and Port to new heights of success. Bernie has always been a hard working person; always willing to take on any task asked of him and does a superlative job with it. We wish him well in the future." During his tenure with OmniTRAX, Mr. Boucher served as the Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the OmniTRAX Canadian operations, head of marketing for all the OmniTRAX operations in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , and, most recently, as President of the CGDC. In that latter position, he was responsible for the overseeing the private/public partnership created among the Government of Manitoba, Western Economic Diversification, and OmniTRAX with the purpose of diversifying the type freight handled through the Port of Churchill The Port of Churchill in Churchill, Manitoba, Canada is a port on the Arctic Ocean. It was once owned by the Government of Canada but was sold to the American company OmniTRAX to run privately. . Before joining OmniTRAX in 1999, Mr. Boucher worked at Canadian National Railway Canadian National Railway, rail system in Canada and the United States, extending from coast to coast in Canada with many branch lines in each province and in the United States. in various senior management positions. OmniTRAX Canada operates the Hudson Bay Railway Hudson Bay Railway (HBRY) is a Canadian regional railway operating over 1300 kilometres (810 miles) of trackage in northern Manitoba. HBRY was formed in July 1997 to purchase former Canadian National Railway (CN) trackage running north from CN trackage at The Pas, MB on two and the Hudson Bay Hudson Bay, inland sea of North America, c.475,000 sq mi (1,230,000 sq km), c.850 mi (1,370 km) long and c.650 mi (1,050 km) wide, E central Canada. Hudson Bay and James Bay (its southern extension) and all their islands border Nunavut Territory, Manitoba, Ontario, Port Company in Manitoba, the Carlton Trail Railway in Saskatchewan, and the Okanagan Valley Railway Okanagan Valley Railway is the railway division of Omnitrax, a transportation services company. Tracks run mi ( km) from Vernon to Sicamous and serve five towns en-route. Among the businesses served are forestry, farming, chemicals and cement. and the TransCanada Switching Company in British Columbia. OmniTRAX is the largest privately held short line railroad holding company in North America. About OmniTRAX An affiliate of The Broe Companies, OmniTRAX, Inc., is one of North America's leading transportation companies. With expertise in the regional rail industry and associated transportation businesses, OmniTRAX aggressively seeks business opportunities that maximize the company's core strengths. Aggressive marketing and innovative service offerings ensure that shippers receive exceptional and flexible service arrangements. Based in Denver, Colorado, OmniTRAX owns and operates railroads in six states and three Canadian provinces, plus related businesses. The related businesses include: real estate, intraplant switching, intermodal operations, and the Port of Churchill. For more information, please visit us at: www.omnitrax.com. |
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