CN, Western Stevedoring and forest-products companies sign MOU for seven-day-a-week unloading at Lynnterm Terminal at Port Metro Vancouver

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.”

Forward-Looking Statements

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SOURCE CN