Thursday, February 04, 2010

CN to establish Calgary Logistics Park

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Canadian National Thursday said it plans to establish a new C$100 million (US$93 million) CN Calgary Logistics Park (http://www.cn.ca/calgarypark) in Conrich, located in Rocky View County, northeast of Calgary, Alberta. 

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The 680-acre park is planned to include a state-of-the-art intermodal terminal with room for customers to co-locate with CN and custom-build their facility in place. The Logistics Park will be designed to include a multi-commodity transload and warehouse facility, an automotive compound, and a liquid/bulk transload and distribution facility.

The site is strategically located a few miles east of the Calgary Airport, on Twp Road 250/ McKnight Boulevard, providing fluid access to Stoney Trail and other major roadways. 

"We are very excited about business prospects in Alberta and this investment in the Calgary area," said Claude Mongeau, CN president and chief executive officer. This facility is part of our program to grow a network of logistics parks that provide seamless and efficient transportation and distribution capabilities for customers, linking their facilities across North America."

"Combined with CN's superior rail service offering, this is a win-win combination," said Mongeau.

The new facility will offer the potential for a total warehousing footprint of more than 2 million square feet to customers who need to distribute their goodsacross Western Canada, whether sourced from Asia through the West Coast or coming from eastern Canada and the U.S.

The project will be subject to regulatory approval, including a thorough environmental assessment and public consultation. With a scheduled opening expected in 2013, most of CN's Calgary yard operations will shift to the new Logistics Park. CN will continue to provide rail service to customers along existing lines in the city of Calgary.