CN announces new US$93.4 million Calgary Logistics Park

CANADIAN National Railway has announced it plans to establish a new C$100 million (US$93.4 million) CN Calgary Logistics Park near the airport at Conrich, located in Rocky View County north east of Calgary.

With the opening planned for 2013, most of CN's Calgary yard operations will shift to the new Logistics Park, said the CN statement.

The 680-acre park is planned to include a state-of-the-art intermodal terminal with room for customers to co-locate with CN and custom build their facility in place. The freight hub will be designed to include a multi-commodity transload and warehouse facility, an automotive compound, and a liquid/bulk transload and distribution facility.

"We are very excited about business prospects in Alberta and this investment in the Calgary area," said CN president and CEO Claude Mongeau. "This facility is part of our programme to grow a network of logistics parks that provide seamless and efficient transportation and distribution capabilities, linking facilities across North America."

Calgary is the third largest distribution centre in Canada and is becoming the logistics hub of western Canada, serving a rapidly expanding market, said the statement. The new site provides ample space for current and planned customer initiatives, and the park will be designed to allow easy expansion as the Calgary hub continues to grow.

The new CN logistics park will offer the potential for a total warehousing footprint of over two million square feet to customers who need to distribute their goods across western Canada, whether sourced from Asia through the west coast or coming from eastern Canada and the US.

This project will be subject to regulatory approval, including a thorough environmental assessment and public consultation.
 

Source: SchedNet