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Canadian National Railway Co T.CNR

Alternate Symbol(s):  CNI

Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Company’s rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.


TSX:CNR - Post by User

Post by Betteryear2on Nov 03, 2021 8:44am
200 Views
Post# 34081153

Advance Sustainability Efforts

Advance Sustainability Efforts

MONTREAL, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Canadian National Railway Company (CN) and Progress Rail, a Caterpillar Company are partnering with Renewable Energy Group (REG) to test high-level renewable fuel blends including both biodiesel and renewable diesel in support of the companies’ sustainability goals. Trials and qualifications of up to 100% bio-based diesel fuel are important steps in reducing greenhouse gas (GHG) emissions from CN’s existing locomotive fleet, while alternative propulsion locomotive technologies are being developed.

This program will allow CN and Progress Rail to better understand the long-term durability and operational impacts of renewable fuels on locomotives, especially in cold weather and plan needed modifications to fully leverage their usage over the next decade.

Rail has the potential to reduce the environmental impact of transportation services, as shipping heavy freight by rail can reduce carbon emissions by up to 75% when compared to trucks. Looking to 2030 and beyond, reducing fossil carbon emissions associated with rail transportation will continue to require innovative fuel-efficient technologies, the greater use of cleaner sustainable fuels, and designing innovative low emission supply chain solutions through investments and collaboration.

“CN is committed to adapting our business to changing climate conditions. The successful testing and procurement of renewable fuels is part of a portfolio of initiatives to meet our 2030 science-based target. The extent of our ability to fully deploy and implement new technologies will require collaboration between locomotive manufacturers and fuel producers.”
      -  Jean-Jacques Ruest, President and Chief Executive Officer, CN

“As part of our commitment to make a meaningful, positive impact on the environment, Progress Rail provides a wide range of products and services that offer fuel flexibility. We are proud to partner with CN to help support their sustainability goals, as well as our own.”
      -  Marty Haycraft, President & CEO of Progress Rail

“Bio-based diesel is delivering fossil carbon reductions, and we are proud to work with CN and Progress Rail on this effort that highlights the potential of our fuels as a sustainable solution for the rail industry. Sustainability is a driving force in today’s market, and REG is delivering by converting renewable resources into cleaner fuels, providing sustainable solutions to our forward-leaning customers like CN and Progress Rail.”
       

https://www.globenewswire.com/news-release/2021/11/03/2326404/0/en/CN-and-Progress-Rail-Advance-Sustainability-Efforts-with-a-Renewable-Fuels-Partnership.html

 
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