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Rail News: Rail Industry Trends
10/25/2001
Rail News: Rail Industry Trends
CPR expands Toronto terminal, broadens intermodal horizons
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Canadian Pacific Railway Oct. 23 completed a $16.5 million expansion of its Vaughan Intermodal Facility in Toronto, increasing capacity 70 percent to 400,000 annual container and trailer handlings.
The newly expanded Vaughan facility — which has enough land to be further expanded to 700,000 annual handlings — is part of CPR's recent intermodal network investment and refinement.
The railroad May 1 implemented the latest component of its Genesis operating plan, helping CPR's expedited intermodal trains sustain 99 percent on-time performance.
CPR developed computer applications designed to produce individual shipment trip plans and create an open window, enabling those shipments to more quickly move across the railroad's transcontinental network.
The railroad, too, has had success with crossdocking, under which certain large customers build terminals and distribution centers adjacent to or near CPR's intermodal terminals.
"Under this plan, containers and trailers are received and dispatched directly to and from these customer-owned facilities within minutes of the arrival or departure of CPR intermodal trains," said Ed Dodge, CPR executive vice president and chief operating officer, in a prepared statement, adding that crossdocking reduces transit time and minimizes loads moving by trucks.
CPR's intermodal traffic has grown faster than any of its other business segments, now generating 23 percent of the railroad's total revenue.
The newly expanded Vaughan facility — which has enough land to be further expanded to 700,000 annual handlings — is part of CPR's recent intermodal network investment and refinement.
The railroad May 1 implemented the latest component of its Genesis operating plan, helping CPR's expedited intermodal trains sustain 99 percent on-time performance.
CPR developed computer applications designed to produce individual shipment trip plans and create an open window, enabling those shipments to more quickly move across the railroad's transcontinental network.
The railroad, too, has had success with crossdocking, under which certain large customers build terminals and distribution centers adjacent to or near CPR's intermodal terminals.
"Under this plan, containers and trailers are received and dispatched directly to and from these customer-owned facilities within minutes of the arrival or departure of CPR intermodal trains," said Ed Dodge, CPR executive vice president and chief operating officer, in a prepared statement, adding that crossdocking reduces transit time and minimizes loads moving by trucks.
CPR's intermodal traffic has grown faster than any of its other business segments, now generating 23 percent of the railroad's total revenue.