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In a move aimed at freeing inner-Montreal real estate for redevelopment, Canadian National Railway Co. March 28 announced a $47 million plan to build an intermodal facility and consolidate the railroads’ Montreal terminals.
By year-end, CN’s Montreal intermodal operations would move from Turcot Yard near the city’s inner core to Taschereau Yard in Saint-Laurent and Lachine, Quebec, about six miles west of downtown Montreal.
CN plans immediately to begin building the terminal, which would enable the railroad to accommodate 30 percent more intermodal traffic at its Montreal hub and open 210 acres of Turcot Yard land for redevelopment.
"CN’s intermodal partners — trucking companies and shippers — will enjoy faster entry and exit from the new terminal, which will have a high-tech automatic gate system that significantly will reduce truckers’ waiting time for pick ups and delivery," said Paul Tellier, CN president and chief executive officer, in a prepared statement, adding that the consolidation also would reduce highway truck traffic and generate significant cash flow from real estate sales.
The Montreal consolidation joins two other CN intermodal projects — a recently announced $40 million terminal in Milton, Ontario, west of Toronto, and a $32 million Edmonton, Alberta, terminal planned to open in fall.