CN plans to spend $1.5 billion to boost efficiency
Last Updated Fri, 21 Apr 2006 14:02:07 EDT
CBC News
Canadian National Railway Inc. plans to invest $1.5 billion into its railway system this year as it tries to raise efficiency at what is already considered a very efficient rail line.
Read full story at:
http://www.cbc.ca/story/business/national/2006/04/21/cnr-060421.html
Good idea to boost focus at the Ports in B.C. Now the Port of Vancouver should be expanded as well, Prince Rupert expansion is just as important. As more and more of the trading has to deal particularly with China, it is good that CN acknowledges the need to increase capacity in that respect.
I am going to say good job to Hunter this time.
I know here in Northwest Indiana the former GTW has its problems, most of which are due to Chicago operations, but the line does move quite a bit of freight. When you compare the CN to other railroads, they seem to be pushing further away from the others. NS and BNSF seem pretty strong, but nowhere near CN’s current position.
ed
What about the Port of Halifax?
Most of the business comes from Asia right now-I wasn’t aware the Port of Halifax intermodal traffic was increasing.
Port of Halifax is growing buddy…at a nice steady pace. We got some of the deepest water in North America. [:)]