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CN to launch EcoRide, the first environmentally friendly container chassis in the North American intermodal industry

January 10, 2011

TORONTO, Jan. 10 /PRNewswire/ – CN (TSX: CNR)(NYSE: CNI) will launch EcoRide in April 2011. EcoRide is a new container chassis expected to reduce fuel consumption in CN’s trucking of containers to and from its intermodal terminals by eight to 10 per cent.

The EcoRide chassis, developed in collaboration with a Canadian supplier, is equipped with a series of features that reduce fuel consumption, hence greenhouse gas emissions: side skirts to reduce aerodynamic drag, a weight 15 per cent less than conventional CN chassis, and low-rolling resistance tires on each axle instead of the normal four tires per axle. CN will debut this new chassis in Ontario.

Click on http://www.cn.ca/en/cn-ecoride-container-chassis.htm to view a picture of CN’s innovative EcoRide chassis.

Jean-Jacques Ruest, CN executive vice-president and chief marketing officer, said: “CN stands for innovation and is continuously looking for ways to reduce its energy consumption and carbon footprint. After the successful launch last year of EcoTherm, our new greener insulated container, the CN team started to explore other opportunities to provide customers better supply chain solutions that reduce carbon emissions.

“CN’s next steps in environmental innovation will include testing hybrid container cranes, in-terminal hybrid trucks, and energy efficient generators. CN is deploying the hybrid shunt trucks in ground switching of containers on chassis at our Brampton Intermodal Terminal this month.”

Kraft Canada, a major CN intermodal customer, is taking a comprehensive approach to its sustainability program. “We are working very closely with CN to develop a low carbon supply chain,” said Craig McLaughlin, vice-president, supply chain, for Kraft Canada. “We appreciate that CN continues finding new ways to be more energy efficient. CN is aligned with Kraft’s focus on those suppliers that deliver the most value, which includes great service, innovation and reduced carbon emissions.”

Click on http://www.cn.ca/en/cn-ecotherm-container-ecoride-chassis.htm to view a picture of CN’s EcoTherm container (left) and EcoRide chassis (right).

For shipments moving more than 1,000 miles, the U.S. Environmental Protection Agency says intermodal transport cuts fuel use and greenhouse gas emissions by 65 per cent, compared with truck transport alone.

Ruest said: “Our new intermodal chassis and other energy-saving initiatives underscore CN’s commitment to improve supply chain sustainability and to further strengthen the inherent environmental benefits of our rail service offering.”

Forward-Looking Statements

Certain information included in this news release constitutes “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 of 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 factors that could affect the above 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 maters, 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: newswire



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