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Last updated on April 17, 2014 at 1:21 EDT

CN opens new intermodal terminal at Calgary Logistics Park

January 10, 2013

CALGARY, Jan. 10, 2013 /PRNewswire/ – The first CN (TSX: CNR) (NYSE:
CNI) trains to serve the state-of-the-art intermodal terminal for
containerized goods at the company’s new Calgary Logistics Park arrived
today.

Jean-Jacques Ruest, CN executive vice-president and chief marketing
officer, said: “The opening of this intermodal terminal launches our
logistics park operation, which will provide seamless transportation
solutions to rail customers moving products and commodities into and
out of Calgary — one of the fastest growing regional markets in North
America.

“CN’s C$200-million logistics park is strategically located between the
ports of Prince Rupert and Vancouver and major cities across Canada and
mid-America. The park’s intermodal terminal, along with very
competitive ocean and rail transportation times, will provide Alberta
businesses ample capacity for consumer goods and industrial materials
and effective export routes for forest products, plastics and
agri-products.”

Click on http://www.cn.ca/documents/About-CN/map-cn-calgary-logistics-park-en.pdf for a map showing the location of the 680-acre Calgary Logistics Park
in Conrich, Alta., located in Rocky View County.

The new facility, with ready access to Stoney Trail, the Trans Canada
Highway and other major roadways, is situated on Twp Road 250/McKnight
Boulevard and is 10 kilometres from Calgary International Airport.

The new intermodal terminal, relocated from CN’s Sarcee Yard in
southeast Calgary, has:

        --  30 per cent more capacity than CN's existing Calgary intermodal
            terminal and space for further expansion;
        --  Four automated in-gates and three automated out-gates to keep
            truck turnaround times in the terminal to below 45 minutes;
        --  A container yard for convenient storing of international
            containers;
        --  Specialized equipment for temperature-controlled products,
            allowing CN to expand its existing reefer volumes.

The logistics park has space to accommodate more than 2.5 million square
feet of warehouse distribution facilities, including a rail-to-truck
transload operation and a new CN Autoport facility to serve the
regional finished vehicles market.

Ruest said: “The Calgary Logistics Park will help CN to reduce
transportation costs of its customers through highly efficient
materials handling, transportation and distribution processes, and thus
will help them grow their businesses.”

Forward-Looking Statements

Certain information included in this news release are “forward-looking
statements” within the meaning of the United States Private Securities
Litigation Reform Act of 1995 and under Canadian securities laws. CN
cautions that, by their nature, these forward-looking statements
involve risks, uncertainties and assumptions. The Company cautions that
its assumptions may not materialize and that current economic
conditions render such assumptions, although reasonable at the time
they were made, subject to greater uncertainty. Such forward-looking
statements are not guarantees of future performance and involve known
and unknown risks, uncertainties and other factors which may cause the
actual results or performance of the Company or the rail industry to be
materially different from the outlook or any future results or
performance implied by such statements.

Important risk factors that could affect the forward-looking statements
include, but are not limited to, the effects of general economic and
business conditions, industry competition, inflation, currency and
interest rate fluctuations, changes in fuel prices, legislative and/or
regulatory developments, compliance with environmental laws and
regulations, actions by regulators, various events which could disrupt
operations, including natural events such as severe weather, droughts,
floods and earthquakes, labor negotiations and disruptions,
environmental claims, uncertainties of investigations, proceedings or
other types of claims and litigation, risks and liabilities arising
from derailments, and other risks detailed from time to time in reports
filed by CN with securities regulators in Canada and the United States.
Reference should be made to “Management’s Discussion and Analysis” in
CN’s annual and interim reports, Annual Information Form and Form 40-F
filed with Canadian and U.S. securities regulators, available on CN’s
website, for a summary of major risks.

CN assumes no obligation to update or revise forward-looking statements
to reflect future events, changes in circumstances, or changes in
beliefs, unless required by applicable Canadian securities laws. In the
event CN does update any forward-looking statement, no inference should
be made that CN will make additional updates with respect to that
statement, related matters, or any other forward-looking statement.

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.

SOURCE CN


Source: PR Newswire