CN congratulates Port of Prince Rupert and DP World on Fairview
Container Terminal's 10th anniversary and
expansion
PRINCE RUPERT, BC, Aug. 29, 2017 /PRNewswire/ - CN (TSX: CNR) (NYSE:
CNI) today joined its supply chain partners, the Port of
Prince Rupert and DP World, in
marking the 10th anniversary of the Fairview Container
Terminal and celebrating the facility's expansion.
"The city of Prince Rupert was
built for Canadian trade and the container terminal unlocked so
much of the port's untapped potential," said Luc Jobin, president and chief executive officer
of CN. "As one of the fastest growing ports in North America, the Port of Prince Rupert holds a premier place on the
global trade map. The last decade of supply chain collaboration
between the port, terminal operators, CN and other partners has
become the model for how to establish and grow a trade
corridor."
Opened in 2007 at the western terminus of CN's three-coast
transcontinental network, the partnership between the port,
Fairview terminal, and the
governments of Canada and
British Columbia created a
congestion-free gateway to growing markets across Canada and the United States.
The container terminal opened with weekly service from Cosco and
a single train a week. Today, the world's major steamship companies
call on the port and with more than 15 trains a week from Rupert,
it accounts for about 20 percent of CN's intermodal business.
DP World's expansion of the Fairview terminal has added 500,000
twenty-foot equivalent units (TEUs) to the facility. CN, working
with its supply chain partners, is committed to selling 80 per cent
of the new capacity within three years.
"Congratulations to the Port of Prince
Rupert and DP World," Jobin said. "We look forward to
continuing our successful partnership as the port evolves and we
facilitate the growth of our customers' import and export
markets."
CN is a true backbone of the economy whose team of approximately
23,000 railroaders transports more than C$250 billion worth of goods annually for a wide
range of business sectors, ranging from resource products to
manufactured products to consumer goods, across a rail network of
approximately 20,000 route-miles spanning Canada and mid-America. CN – Canadian National
Railway Company, along with its operating railway subsidiaries –
serves the cities and ports of Vancouver, Prince
Rupert, B.C., Montreal,
Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of
Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth,
Minn./Superior, Wis., and
Jackson, Miss., with connections
to all points in North America.
For more information about CN, visit the company's website at
www.cn.ca.
SOURCE CN