'We take our essential role in the North American economy seriously and these investments in
'CN has made significant investments for years across
The Company's investments will create greater capacity, which supports reductions in its customer's transportation supply chain GHG emissions, by encouraging the use of rail for long haul needs. This reduces emissions, traffic congestion, accidents and burdens on public transportation infrastructure as one freight train can replace over 300 trucks from roads. Moving freight by rail instead of truck reduces GHG emissions by 75%. The Company will continue to deploy important safety enhancing technologies across its network, such as the Autonomous Track Inspection Program, Distributed Air Cars and Automated Inspection Portals.
Maintenance program highlights include:
Installation of over 95,000 new railroad ties
Rebuilds of 19 road crossing surfaces
Maintenance work on bridges, culverts, signal systems, and other track infrastructure
Capital investments: More than
Employees: approximately 262
Railroad route miles operated: 574
Community partnerships:
Local spending:
Cash taxes paid:
Through CN's subsidiary, the
Forward-looking statements
Certain statements included in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. The Company cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as 'believes,' 'expects,' 'anticipates,' 'assumes,' 'outlook,' 'plans,' 'targets,' or other similar words. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors, which may cause the actual results or performance of the Company to be materially different from the outlook or any future results or performance implied by such statements. Reference should be made to Management's Discussion and Analysis in CN's annual and interim reports, Annual Information Form and Form 40-F, filed with Canadian and
CN is a true backbone of the economy, transporting more than
Contacts:
Media Investors
Jonathan Abecassis Paul Butcher
Senior Manager Vice-President
Media Relations Investor Relations
(514) 399-7956 (514) 399-0052
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