09.05.2005 20:31:00
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CN WorldWide to offer international freight forwarding services
News Editors
MONTREAL--(BUSINESS WIRE)--May 9, 2005--CN announced today the formation of CN WorldWide, a wholly owned subsidiary that will offer international freight forwarding services between Europe and North America.
Anita Ernesaks, a former CN vice-president of eBusiness and graduate of CN's Railroad MBA program, has been appointed managing director of the new enterprise.
James M. Foote, CN's executive vice-president, sales and marketing, said: "CN WorldWide is an exciting new venture for the company. It will allow CN to offer shippers an integrated, door-to-door freight service, and position us to drive new containerized traffic through CN-served ports in North America.
"The new enterprise is a natural progression for CN, which has the network capacity, operating discipline, rail and trucking expertise and international partnerships to make this value-added freight-forwarding product a success."
CN WorldWide, based in Rotterdam, Netherlands - the largest container port in the world outside of Asia -- will commence operations in May 2005. It will schedule and manage the door-to-door movement of international shipments, including rail, trucking, maritime transportation and port handling, along with warehousing, customs and billing.
CN WorldWide will focus initially on shipments between Europe and Eastern Canada, including Ontario and Quebec, via the Port of Halifax, and later the United States.
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
Canadian National Railway Company (TSX:CNR) (NYSE:CNI)
--30--CCN/na*
CONTACT: CN Mark Hallman (Media) System Director, Media Relations (905) 669-3384 OR CN Robert Noorigian (Investment Community) Vice-President, Investor Relations (514) 399-0052
KEYWORD: NEW YORK INTERNATIONAL CANADA INDUSTRY KEYWORD: TRANSPORTATION SOURCE: Canadian National Railway Company
Copyright Business Wire 2005
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