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Stock impact report

CN Rail to expand its cargo capacity through Vancouver’s port [Toronto Globe and Mail (Ontario, Canada)]

Canadian National Railway Company (CNI) 
Last canadian national railway company earnings: 4/27 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
CN Rail to expand its cargo capacity through Vancouver’s port The federal government, Canadian National Railway Co. and the body that oversees trade through Canada’s busiest port have signed an agreement allowing CN to build a second track to move more cargo and increase trade through Vancouver’s harbour. CN says the project is part of a long-term strategy to double-track a four-kilometre section of rail that links expanding import and export terminals on the south shore of Burrard Inlet to the company’s national network. It says in a release that the deal involving the Vancouver Fraser Port Authority would meet the country’s demand for imported goods from Asia while increasing Canadian export capability. Story continues below advertisement CN president Jean-Jacques Ruest says the project is a signal to international partners that trade represents an important part of the national economy. The port authority’s president Robin Silvester says over the next decade a large group of projec Show less Read more
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