Canadian National Railway (CN) has announced plans to spend C$120m ($89.59m) to boost and expand its rail network across Manitoba province this year.
It is part of CN’s C$3.9bn ($2.91bn) total investment in 2019, aimed at boosting growth from all commodity segments, including grain, agricultural, forest, consumer goods and energy products.
The operator plans to spend C$7.4bn ($5.52bn) over the next two years on various programmes.
CN western region vice-president Doug Ryhorchuk said: “Following a record capital programme in 2018, CN has been able to take on more traffic from different commodity sectors based on contracts with our customers.
“This year, we are continuing to invest to boost capacity and network resiliency and to meet growing traffic on our corridors across the Province.”
At present, the rail operator is installing safety-enhancing technology across its network, which includes the autonomous track inspection programme, distributed air cars and automated inspection portals.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThese technology upgrades, together with CN’s investments in locomotives, capacity, infrastructure and train crews, will support the safe and efficient movement of its customers’ goods to their end markets.
It will also commence a maintenance programme, which will focus on replacing more than 35 miles of rail, installation of about 59,000 new railroad ties, re-construction of 13 road crossing surfaces, and maintenance work on bridges, culverts, signal systems and other track infrastructure.
Besides being a transcontinental rail network for CN, Manitoba is home to important facilities including the Symington classification yard, the Transcona Shops, and CN’s Claude Mongeau National Training Centre.