CN, Trealmont Transport Inc. and Kaptan US LLC announced they have reached an agreement to develop a multimodal transload facility located in CN’s Calgary Logistics Park. The new facility is planned to be operational in the third quarter of 2024. Kaptan and Trealmont Transport have agreed to purchase land located within CN’s Calgary Logistics Park and will build a logistics facility designed for transloading intermodal containers originating and departing from the ports of Prince Rupert and Vancouver.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CNI:
- CN, Trealmont Transport Inc. and Kaptan Announce Plans for new Calgary Intermodal Transload Facility
- Canadian National price target lowered to $134 from $137 at BofA
- CN Files its Management Information Circular
- North American rail traffic down 6.9% for the week ending March 18
- CN and Unifor Reach Tentative Agreements
