CN and CSX intermodal meant to challenge to east coast trucking
THE Canadian National Railway (CN) and US Class I railroad CSX have announced a new intermodal service between central Canada and the ports of Philadelphia, New York, New Jersey starting October, reports the American Journal of Transportation
THE Canadian National Railway (CN) and US Class I railroad CSX have announced a new intermodal service between central Canada and the ports of Philadelphia, New York, New Jersey starting October, reports the American Journal of Transportation.
The intermodal service from the industrial heartlands of the two G-7 nations has as its intention to undermine the dominance of trucking along the North American east coast and its hinterland, the railways said.
'Over the long term, the freight market will increasingly depend on demand driven by the consumer economy and the rail industry must create new intermodal services that can successfully rival the over the road options,' said CN chief executive JJ Ruest.
'This interline service fits perfectly with our strategic focus on feeding our unique network through organic and inorganic growth opportunities, including extending our reach into new geographic markets.'
Said CN vice president Keith Reardon: 'This new intermodal offering aims to convert long-haul trucks to interline rail services. Trains will run directly into the heart of the metropolitan markets of Toronto and Montreal via CN intermodal yards, making this partnership a natural opportunity for both railroads.'Said CSX president and CEO Jim Foote: 'CSX is pleased to work with CN to deliver superior all-rail intermodal service into the Montreal and Toronto markets. This new service positions us to capture market share from trucks and increases capacity in these expedited lanes, as larger containerships call at the Port of Philadelphia and Port of New York and New Jersey.'
Said CSX vice president Mark Wallace: 'Offering all-rail intermodal service from the east coast to Montreal and Toronto aligns with our objectives for providing faster, more efficient service while positioning both CSX and CN for future growth.'