CN said it will finance the new reload center in Winfield, British Columbia, and purchase new rail ties to permit KPR to transport cars weighing as much as 143 tons.
'CN's aid package will improve KPR's ability to capture additional traffic,' said David Edison, vice president of CN's Pacific division. 'This is also good news for CN, because our short-line partners are significant originators of CN traffic and key to our growth strategy.'
KPR operates 104 miles of track in the interior of British Columbia, from Lumby and Kelowna through Vernon, to an interchange with CN at Kamloops, B.C.
KPR began operating CN's Okanagan Internal Shortline in February 2000 and saw traffic increase nearly 20 percent in 2001. The short-line's customers are primarily in the forest products, grain and industrial products industries.
KPR is a joint venture of KnightHawk Rail, a wholly owned subsidiary of KnightHawk Inc. and the New York and Lake Erie Railroad.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now