06/27/2011 AT 06:14
BIT, located in the prime logistics area of Greater Toronto, is Canada's largest rail intermodal terminal and a key component in CN's distribution network -- almost 60 per cent of the railway's system-wide intermodal business touches the terminal. CN's rail intermodal traffic consists primarily of containerized cargoes moving in cooperation with other transportation modes.
Claude Mongeau, president and chief executive officer of CN, said: “Intermodal is one of CN's fastest-growing business segments. We are investing in new track, equipment and other infrastructure improvements at BIT to take our intermodal service offering to the next level in efficiently distributing growing overseas container traffic reaching our network over Canadian ports as well as rising domestic intermodal shipments across Canada. These investments will increase supply chain efficiencies for our customers and help them grow their businesses.
“CN Intermodal is an increasingly attractive transportation solution as fuel prices rise and freight customers put greater emphasis on sustainable options. We offer the marketplace competitive rail transit times and reliable drayage services in an environmentally friendly package.”
Charles Campbell, managing director of NYK Line (Canada) Inc., part of the international marine transportation company and the NYK Group, said: “As is evident in many areas of CN's intermodal operations, we have seen major improvements at Brampton Intermodal Terminal. The shortening of turn times at BIT reflects this effort. In general, the service level across the CN network has improved as CN continues to listen and react to customer input.”
CN announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification facility in Edmonton.
CN announced the acquisition of more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in domestic markets across Canada and grow the railway's participation in the segment.
CN said today it has developed new supply chain efficiencies to help it better meet short-term car order requirements of major steel producers in Canada and help them to compete more effectively in their markets.
VIA Rail Canada wishes to advise travellers that due to significant track improvement and upgrading work by the Hudson Bay Railway (HBR), the track owner, VIA's southbound train from Churchill to Winnipeg will be affected.
The 680-acre park is planned to include a state-of-the-art intermodal terminal with room for customers to co-locate with CN and custom build their facility in place.
Metrolinx today purchased from CN the lower portion of the Newmarket Subdivision in central-north Toronto for C$68 million. The transaction gives Metrolinx end-to-end ownership of the 60-mile-long Barrie-Bradford GO Train corridor between downtown Toronto and Barrie, Ont.
Canada's Transport Minister announced the appointment of Mr. Marc Laliberté, of Boucherville, Québec, as president and chief executive officer (CEO) of VIA Rail Canada Inc. for a term of four years, effective January 4, 2010.
CN announced orders for 70 new high-horsepower locomotives from GE Transportation, a unit of General Electric Co. (GE), and Electro-Motive Diesel, Inc. (EMD).
CN unveiled an upgraded on-line greenhouse gas-emissions (GHG) calculator that estimates total carbon emissions for shipments across multiple modes of transportation.
CN announced today that it will be a Corporate Partner of the Terrace 2010 BC Winter Games.