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CN to build C$20-million transload centre

US.WEBTRAINS.NET
04/04/2007 AT 11:12

“The new Prince George terminal is an important part of the Pacific Gateway Strategy as it will maximize the potential of new port capacity at Prince Rupert,” says Peter Marshall, CN senior vice-president, Western Region.

Prince George, situated 500 miles east of Prince Rupert, is in close proximity to British Columbia's large fibre reserves and other natural resources and is CN's divisional headquarters and main operations hub in northern B.C.

“The Prince George facility is ideally located to tap backhaul export opportunities, filling empty containers moving to Asia via Prince Rupert with lumber, panels, woodpulp and paper, as well as ores, plastics and some metals products. It will help CN maximize revenue potential generated from the new terminal at Prince Rupert, and create new economic and employment opportunities in northern B.C.,” says Marshall.

CN's new Prince George transload facility, with an 84,000 square-foot warehouse and 10 acres of outside storage, is expected to open in fall 2007. It will load containers with products arriving at the facility by rail or truck. The loaded containers will then be lifted onto railway flatcars at CN's new adjacent intermodal rail yard, and daily service will be offered from this terminal to the Port of Prince Rupert.

Scheduled to open in fall of 2007, the Prince Rupert terminal with a phase one capacity of 500,000 twenty-foot equivalent containers (TEUs), will create a new North American gateway for goods moving to and from Asia and the principal centres of Canada and the United States Midwest and South.

CN derailment disrupts VIA service

Due to a 32-car Canadian National freight train derailment east of Kingston, Ontario, this morning, VIA Rail Canada is replacing its regular train service with motor coach between Toronto and Montreal/Ottawa, in both directions, until the line is reopened to rail traffic.

2007 1st Quarter News Releases

CN will issue its fourth-quarter 2006 financial and operating results on Jan. 23, 2007, shortly after 4 p.m. Eastern time (ET). CN’s senior officers will review the results and the railway’s outlook later that day in a conference call/webcast starting at 4.30 p.m. ET.

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