Lower volumes, revenue dampen CN’s third-quarter profit
CN ‘cautiously optimistic’ on rail volumes
CP to acquire full ownership of Detroit River rail tunnel
CP announces strategic, multi-year rail agreement with A.P. Moller - Maersk
$1 billion Mexico-Canada rail link proposed
Vancouver port rail dwell times rise on Asia import surge
CP to own Detroit River Rail Tunnel in $312M deal
Canadian National Railway orders 50 all-electric trucks for intermodal fleet
Canadian National ‘pleased’ as rail blockade ends
Vancouver Fraser Port Authority investment in shipment visibility paying off
Canadian National announced July 6 it plans to invest approximately $20 million (CAD) across New Brunswick in 2020. The program will focus on rebuilding and strengthening bridges, the replacement of rail and ties, rebuilding road crossing surfaces as well as maintenance work on culverts, signal systems and other track infrastructure.
“We take our essential role in the North American economy seriously and these investments in New Brunswick are a key part of our strategy to support growth,” said Derek Taylor, vice president, Eastern Region, for Canadian National. “The company remains committed to help enable supply chains that fuel New Brunswick’s growth as we are a critical part of getting everyday goods to markets and consumers. Safety is a core value at CN and by investing in the maintenance and expansion of our track and capacity, we are providing customers with a safe and reliable solution at a time when fluid supply chains are more critical than ever.”
Canadian National investments will create greater capacity, which supports reductions in its customer’s transportation supply chain GHG emissions, by encouraging the use of rail for long-haul needs. This reduces emissions, traffic congestion, accidents and burdens on public transportation infrastructure as one freight train can replace over 300 trucks from roads. Moving freight by rail instead of truck reduces GHG emissions by 75 percent. The company will continue to deploy important safety-enhancing technologies such as the Autonomous Track Inspection Program, and Automated Inspection Portals.
Maintenance program highlights include:
Read more articles on Class 1s.
The post Canadian National makes strong investment in New Brunswick appeared first on Railway Track and Structures.
This article first appeared on www.rtands.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2020 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.