CN boosting container-handling capacity at Toronto intermodal terminal
Canadian National Railway Co. said Friday it will invest C$12 million ($10.1 million) to lift container-handling capacity of its Brampton Intermodal Terminal in the Toronto area by about 25 percent for late summer.
BIT is Canada's largest intermodal terminal and handled nearly 660,000 intermodal units in 2006. CN's planned improvements for the facility include additional pad capacity for loading and unloading intermodal trains within the terminal, and steps to improve truck throughput.
'Intermodal — rail transportation of containers and truck trailers — is CN's fastest growing business segment,' said James Foote, CN's executive vice-president, sales and marketing.
'Our investments in new terminal capacity at BIT will allow CN to capture more of this business and deliver better service to our customers through more timely availability of loads at the terminal.
'This project reflects CN's intense focus on asset utilization. We're targeting capital on key capacity and process improvements that will allow us to take an existing asset and boost its capacity by one-quarter,' Foote said.