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Rail News Home Rail Industry Trends

6/13/2007



Rail News: Rail Industry Trends

CN preps network, plans transload facility to seize oil sands and other opportunities in western Canada


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A few weeks ago, Canadian Pacific Railway sought Canadian Transportation Agency approval to build 16 miles of lines northeast of Edmonton, Alberta, to serve the booming oils sands region. Now, Canadian National Railway Co. also is positioning itself to seize growing business opportunities in the northern Alberta area, which sports oil sand reserves second only to Saudi Arabia.

CN’s northern Alberta network, coupled with a continental reach and access to three coasts, make the railroad an attractive transportation services provider for oil sands and other industrial developments in the region, said CN President and Chief Executive Officer E. Hunter Harrison during a recent speech before the Edmonton Chamber of Commerce.

CN also plans to build a $1.5 million transload facility at one of its main Edmonton yards — part of a $328 million infrastructure spending plan this year to expand capacity in western Canada for several burgeoning traffic segments.

The “Edmonton Bissell CargoFlo” facility will be operated by CN WorldWide North America and handle rail-to-truck transfers of various products, including methanol, sodium hydroxide, drilling mud, ethanol and biodiesel.


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