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Rail News: Rail Industry Trends
8/9/2010
Rail News: Rail Industry Trends
CN forges service-enhancement pact with Quebec port, terminal operator
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On Friday, CN announced it reached a service agreement with the Port of Quebec and terminal operator International-Matex Tank Terminals (IMTT) that will reduce transit times for intermodal shipments destined for Toronto from 53 hours to 38 hours.
Under the pact, the port and IMTT agreed to more consistent release times for shipments, and CN agreed to adjust schedules to expedite traffic between Quebec City and Toronto. The Class I plans to explore opportunities to expedite other commodities moving through the port, including metals and minerals concentrates.
The parties believe the agreement will make the port an “increasingly competitive option” for shipments destined to North America, such as energy products, and drive new supply-chain efficiencies, according to a prepared statement.
“Improved transit times from the Port of Quebec to the North American interior will help the port accommodate more merchandise and bulk commodity traffic with greater efficiency,” said Jeff Liepelt, CN’s senior vice president-Eastern Region.
Under the pact, the port and IMTT agreed to more consistent release times for shipments, and CN agreed to adjust schedules to expedite traffic between Quebec City and Toronto. The Class I plans to explore opportunities to expedite other commodities moving through the port, including metals and minerals concentrates.
The parties believe the agreement will make the port an “increasingly competitive option” for shipments destined to North America, such as energy products, and drive new supply-chain efficiencies, according to a prepared statement.
“Improved transit times from the Port of Quebec to the North American interior will help the port accommodate more merchandise and bulk commodity traffic with greater efficiency,” said Jeff Liepelt, CN’s senior vice president-Eastern Region.
