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CN targets nearly C$2 billion in 2013 capital expenditures

2013-02-08

CN has announced a 2013 plan to invest approximately $1.9 billion to maintain and upgrade its railway network, grow the business efficiently, and continue to improve customer service. In 2012, the capital investment program of the Montreal-based railway exceeded $1.8 billion.

Claude Mongeau, president and chief executive officer, said: "CN is committed to operating a safe and sustainable railway, making continued improvements in service and seizing traffic opportunities to grow at low incremental cost.

The project involves the building of a two-lane overpass that will provide grade separation between rail tracks and the Deltaport Causeway access road adjacent to the Deltaport Container Terminal. The grade separation will continute up to 200,000 TEUs of additional capacity annually at Deltaport.
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Bi-national study underlines marine shipping's green benefits on          Great Lakes/Seaway

2013-02-05

A comprehensive study released on Feb. 5 stressed the environmental advantages of using marine shipping to transport goods in the Great Lakes/St. Lawrence Seaway region compared with land-based alternatives.

It is the first study that has examined the external impacts of the U.S., Canadian and international vessels operating on the North American waterway, using actual data provided by major shipping firms.

"This study reinforces that this vital marine transportation system is the most efficient and sustainable way to transport goods in the region," said Ray Johnston, President of the Ottawa-based Chamber of Marine Commerce.

"Our waterway provides thousands of companies with the means of connecting with new markets overseas and, at the same time, reducing greenhouse gas footprints," said Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation.

The project involves the building of a two-lane overpass that will provide grade separation between rail tracks and the Deltaport Causeway access road adjacent to the Deltaport Container Terminal. The grade separation will continute up to 200,000 TEUs of additional capacity annually at Deltaport.
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Shore power coming                        to Halifax for cruise ships

2013-01-30

 

Beginning with the 2014 season, the Port of Halifax will be the first in Atlantic Canada to implement shore power for cruise vessels.

This represents a $10 million cooperative initiative involving the federal government, the Province of Nova Scotia and the Halifax Port Authority, indicated an announcement on Jan. 23 by Transport Canada.

"We know that a thriving tourism industry is a key part of ensuring Nova Scotia's economic prosperity and we are happy to grow this sector of Nova Scotia's economy while helping the environment," said Peter MacKay, Minister of National Defence.

Shore power is a highly effective way to reduce marine diesel air emissions by allowing ships to shut down their engines while at dock. Once installed, electrical shore power at Halifax will decrease cruise ship idling by an estimated 7%, thereby contributing to improved air quality.  (photo: HPA)

McAsphalt Marine Transportation expands fleet

 
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CSX announces intermodal terminal in Valleyfield

2013-01-30

CSX Corporation has announced an expansion of its presence in the Greater Montreal area by building a 36-hectare intermodal terminal in the port city of Salaberry-de-Valleyfield adjacent to the St. Lawrence River. It will directly connect the region with the U.S. carrier's 34,000-km rail network in the United States. Completion of construction is scheduled for 2015.

The $100 million facility (shown in black in artist rendering) is expected to handle up to 100,000 containers a year, using modern, rubber-tire gantry cranes to transfer containers between trains and trucks, CSX said in late January.

Located in the Perron Industrial Park, the terminal will be close to the newly-completed Autoroute 30, providing easy access to the greater Montreal distribution and consumer market.

The project involves the building of a two-lane overpass that will provide grade separation between rail tracks and the Deltaport Causeway access road adjacent to the Deltaport Container Terminal. The grade separation will continute up to 200,000 TEUs of additional capacity annually at Deltaport.
Read more...
 
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Ottawa contributes
to Deltaport Causeway overpass

2013-01-29

The federal government is contributing a maximum of $19.9 million towards the construction of a $45 million overpass on the Deltaport Causeway, part of Port Metro Vancouver's improvement projects aimed at facilitating exports to growing Asian markets through increased container capacity.

The funding allocation was announced on Jan. 24 by Kerry-Lynne Findlay, Member of Parliament for Delta-Richmond East, on behalf of Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway.

The project involves the building of a two-lane overpass that will provide grade separation between rail tracks and the Deltaport Causeway access road adjacent to the Deltaport Container Terminal. The grade separation will continute up to 200,000 TEUs of additional capacity annually at Deltaport.
Read more...
 
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