- Transport operator, CN (CNR) is investing C$105 million into Manitoba’s rail infrastructure over the coming year
- The company will replace 50 miles of rail, install 150,000 new railroad ties, rebuild six road crossing and construct several bridges
- The work will also create a greater capacity for lines in Manitoba, a transport hub for CN’s network
- The company has stated that increasing capacity will reduce carbon emissions, as rail freight produces 75 per cent less emissions than road freight
- Canadian Rail (CNR) is up 0.61 per cent and is trading at $120.91 per share
Transport operator, CN (CNR) is investing C$105 million into Manitoba’s rail infrastructure over the coming year.
CN has heavily partnered with the Canadian Government at both the federal and provincial level, as it expands its rail infrastructure investments.
The investments will create greater capacity for lines in Manitoba, which will reduce supply chain emissions by encouraging the use of rail for long haul products.
The company has stated that increasing capacity will reduce emissions, as rail freight produces 75 per cent less in carbon emissions than road freight.
The maintenance schedule will involve the company laying down more than 50 miles of new rail, along with the installation of 150,000 new railroad ties.
The company is also rebuilding six road crossing surfaces in Manitoba, along with maintenance and reconstruction work on bridges, culverts, signal systems and other infrastructure.
Manitoba is a major hub for CN’s transcontinental rail network, as much of the company’s freight passes through Winnipeg’s Symington Yard, the only CN-owned hump yard in Western Canada.
James Thompson, the Vice-President of the Western Region at Canadian Rail said the company takes its essential role in the North American economy seriously and will continue to invest in Manitoba.
“The company remains committed to help enable supply chains that fuel Manitoba’s growth as we are a crucial part of getting everyday goods to market and consumers.
“Safety is a core value at CN and by investing in the Maintenance and expansion of our track, and capacity, we are providing customers with a safe and reliable solution at time when fluid supply chains are more critical than ever,” he said.
Canadian Rail (CNR) is up 0.61 per cent and is trading at $120.91 per share at 12:05 pm EDT.
