MONTREAL, July 9 /CNW Telbec/ - CN (TSX:CNR) (NYSE: CNI) welcomed the
arrival yesterday of a second weekly steamship alliance vessel at the Port of
The COSCO/K-Line/Yang Ming/Hanjin (CKYH) alliance will now ship Hong
Kong, South China, East China and North China cargoes, as well as those from
Yokohama, to North America via Prince Rupert.
COSCO was the first steamship company to serve the new terminal and
launched an initial weekly call at the port from China and Yokohama in
James M. Foote, CN's executive vice-president, Sales and Marketing, said:
"The CKYH alliance second weekly vessel is testament to the logistics value of
the CN-Port of Prince Rupert-Maher Terminals service offering to the
international shipping community. Together, we have created a new, highly
competitive gateway for goods entering North America and transiting CN's
network to the U.S. Midwest and Central Canada.
"CN is consistently delivering fifth morning availability of containers
in Chicago and sixth morning availability in Memphis, a leading U.S.
distribution hub. With the growth in imports over Rupert, we continue to
identify new opportunities for backhaul container movements to Asia from the
continental interior, including the U.S. Midwest and Western Canada."
The new container traffic from the second-vessel call at Prince Rupert is
consistent with CN's expectations for the port's operations and is included in
the Operating Plan for implementing its proposed acquisition of the principal
lines of the Elgin, Joliet & Eastern Railway Co.
CN - Canadian National Railway Company - 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 cities of Toronto, Buffalo, Chicago, Detroit, Duluth,
Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis,
St. Louis, 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.
For further information:
For further information: Mark Hallman (Media), Director, Communications,
Media, CN, (905) 669-3384; Robert Noorigian (Investment Community),
Vice-President, Investor Relations, CN, (514) 399-0052