Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

CN relocates Chicago forest products reload center to Port of Chicago to improve supply chain efficiencies

T.CNR
CN relocates Chicago forest products reload center to Port of Chicago to improve supply chain efficiencies

CHICAGO, IL, March 20, 2013 /CNW Telbec/ - CN (TSX: CNR) (NYSE: CNI) announced today the relocation of its forest products transload operation to North America Stevedoring Company, LLC's operation at the Port of Chicago to improve supply chain efficiencies for lumber customers.

The new transload facility is located roughly 13 miles south of downtown Chicago at 9301 South Kreiter Ave. North America Stevedoring receives direct rail service from CN's nearby Kirk Yard in Gary, Ind., with trucks accessing the terminal from Interstate 90. The new transload is larger than the one it replaces and features more than 200,000 square feet of indoor storage as well as outdoor space.

CN is completing a US$141-million rehabilitation and facilities addition project at Kirk Yard.

Jean-Jacques Ruest, executive vice-president and chief marketing officer of CN, said: "With the integration of the major portion of the Elgin, Joliet and Eastern Railway into CN, we have a unique opportunity to avoid Chicago rail congestion by relocating our forest products reload facility to a site near Kirk Yard. This will deliver better, more cost-effective supply service to our customers.

"Served daily by CN, the new transload operation is closer to both Western Canadian lumber mills as well as Chicago-area markets receiving lumber via CN. This improves transit times and inventory management for our customers, underscoring CN's commitment to deliver innovative gains in supply chain efficiencies."

CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca

SOURCE: CN

Media
Mark Hallman
Director,
Communications & Public Affairs
(905) 669-3384

Investment Community
Janet Drysdale
Vice-President
Investor Relations
(514) 399-0052

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today