Tuesday, May 17, 2011

CN adds intermodal capacity as business grows

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Canadian National is making a series of capacity improvements to accommodate growing container volumes at its Brampton Intermodal Terminal (BIT), Canada’s largest such facility. CN says almost 60% of its system-wide intermodal business touches the terminal, which is located in the busy logistics area of Greater Toronto.

cn_logo.jpgThese improvements include installation of new track and extension of existing track to increase rail capacity by close to 15%; providing 25% more ground space for international containers by staging CN containers offsite; purchasing five new cranes in 2011, after the acquisition of five last fall; and increasing the labor force by 10%.

This expansion follows construction of new entry and exit lanes for truckers last December that increased BIT’s gate throughput by 33%.

BIT's 2011 intermodal volumes through the end of April increased by 12% compared with the same period of 2010.

CN's total 2010 intermodal volumes increased by 17% over 2009 to 1,455,000 units, while intermodal revenue last year rose by 18% to C$1.576 million.

Claude Mongeau, president and CEO of CN, said in a statement Tuesday: “Weare investing in new track, equipment, and other infrastructure improvements at BIT to take our intermodal service offering to the next level in efficiently distributing growing overseas container traffic reaching our network over Canadian ports as well as rising domestic intermodal shipments across Canada. These investments will increase supply chain efficiencies for our customers and help them grow their businesses.”