VANCOUVER, Oct. 19 /PRNewswire/ - CN (TSX: CNR) (NYSE : CNI ), Western Stevedoring Company Ltd. and several forest-products companies have reached a memorandum of understanding for seven-day-a-week unloading services at Western Stevedoring's Lynnterm Terminal at Port Metro Vancouver (PMV).
The tri-partite agreement among the railway, terminal and forest-products customers will produce a more consistent flow of forest-products traffic through Lynnterm Terminal and help improve supply chain efficiencies at PMV.
Under the agreement, CN will provide daily service to Lynnterm Terminal, which in turn will guarantee to unload cars seven days per week. The forest-products companies will work with both CN and Lynnterm Terminal to manage inbound traffic flows.
Claude Mongeau, CN president and chief executive officer, said: "I am pleased that the parties have collaborated on an innovative service plan that will generate productivity improvements and foster growth of traffic through this important Pacific Gateway terminal for forest products and other bulk commodities. Working together in this manner will enhance supply chain performance."
Tim Chapman, president of Western Stevedoring, said: "Western is pleased to have been chosen by CN and our major forest-products shippers to work toward a cooperative agreement to improve the forest-products logistics chain and to define service expectations among the parties."
CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca.
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