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August 18, 2005 11:25 ET

CN expands transcontinental intermodal train capacity to meet rising overseas and domestic demand

MONTREAL, QUEBEC--(CCNMatthews - Aug. 18, 2005) - CN, responding to rising customer demand, announced today a substantial increase in intermodal train capacity across its transcontinental Canadian network.

CN is increasing train capacity for overseas containers moving between the Port of Vancouver and Montreal and Toronto by more than 20 per cent, while boosting capacity for domestic container moves between Toronto and Montreal and major Western Canada centres by more than 10 per cent. In all, the new service plan, effective Aug. 22, 2005, will allow CN to accommodate an additional 125,000 intermodal units per year across Canada, an increase of 15 per cent.

James Foote, CN's executive vice-president, sales and marketing, said: "IMX - CN's precision intermodal product - has delivered significant service improvements to our customers, including the fastest intermodal transit times in the transcontinental Canadian corridor, as well as important improvements in the utilization of our intermodal cars and terminals.

"Coupled with CN's ample rail network capacity, these IMX benefits position us to accommodate rising demand for our intermodal services - driven by surging Asian imports and strong domestic markets - without the need for costly new investments in track or terminal handling capabilities."

CN offers fourth morning service between Toronto and Vancouver, as well as third morning service to Edmonton and Calgary from Toronto, and second morning service between Toronto and Winnipeg.

This news release contains forward-looking statements. CN cautions that, by their nature, forward-looking statements involve risk and uncertainties and that its results could differ materially from those expressed or implied in such statements. Reference should be made to CN's most recent Form 40-F filed with the United States Securities and Exchange Commission, and the Annual Information Form filed with the Canadian securities regulators, for a summary of major risks.

Canadian National Railway Company 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 cities 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.

www.cn.ca

Contact Information

  • CN
    Mark Hallman (Media)
    System Director, Media Relations
    (905) 669-3384
    or
    CN
    Robert Noorigian (Investment Community)
    Vice-President, Investor Relations
    (514) 399-0052