23:48:24 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 653,598,900
Close 2023-09-12 C$ 148.27
Market Cap C$ 96,909,108,903
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CN Rail upgrades Falcon premium intermodal service

2023-09-12 13:17 ET - News Release

Ms. Tracy Robinson reports

CN ANNOUNCES UPGRADE TO FALCON PREMIUM INTERMODAL SERVICE

Canadian National Railway Company has made an upgrade to its Falcon premium intermodal service. CN said recent operational changes by its business partner, Union Pacific (UP), will remove a full day of transit time for customers using the Canada/United States/Mexico service.

"CN is pleased to offer customers an entire day off the already-fast Falcon intermodal premium service," said CN president and chief executive officer Tracy Robinson. "I am confident the early results of the Falcon service, combined with our speed and reliability, will enable the continued growth of this service."

The Falcon premium intermodal service is a best-in-class Mexico/United States/Canada service with a seamless rail connection in Chicago, Ill. It directly connects all CN origin points within Canada and Detroit, Mich., to GMXT terminals in Mexico: Monterrey, Nuevo Leon, and Silao, Guanajuato. This service benefits intermodal customers shipping automotive parts, food, FAK (freight -- all kinds), home appliances and temperature-controlled products.

The Falcon premium service combines the unique benefits of each partner. The seamless service leverages GMXT's best-in-class transit times between Silao, Guanajuato, and Eagle Pass, Tex. -- Union Pacific's superior route from Texas to Chicago and CN's best-in-class service connecting Chicago to all points in Canada through the unique EJ&E Chicago bypass.

This new and innovative service allows for the maximization of lading weights between Mexico and Canada for greater efficiency for customers. The Falcon premium intermodal service also contributes to lower greenhouse gas emissions through reduced rail miles and truck-to-rail conversion.

About Canadian National Railway Company

CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year. CN's network connects Canada's eastern and western coasts with the U.S. South through an 18,600-mile rail network. CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

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