TORONTO, April 11 /CNW/ -- New containers will help CN convert more
truck traffic to rail intermodal door-to-door service TORONTO,
April 11 /CNW Telbec/ - CN (TSX: CNR) (NYSE: CNI) announced today
the acquisition of more than 1,000 new domestic containers to
better serve manufacturers and distributors of grocery and consumer
goods in domestic markets across Canada and grow the railway's
participation in the segment. Roughly 80 per cent of the new
containers are heated, ensuring year-round quality service for
temperature-sensitive goods; the balance of the boxes are standard
dry containers. Jean-Jacques Ruest, executive vice-president and
chief marketing officer of CN, said: "CN's intermodal service is
more cost effective than truck while offering customers truck-like
transit times and a lower carbon footprint. CN has established a
growing business transporting temperature-sensitive goods in
long-haul markets across Canada. Our continued investment in
infrastructure will benefit the reliability of the supply chains of
our grocery, consumer goods and manufacturing customers. Together,
we want to grow with them." Approximately 540 containers will be
used to renew CN's domestic container fleet, while another 520 new
containers will increase CN's overall domestic container fleet to
almost 6,000 units. Craig McLaughlin, vice-president, supply chain,
for Kraft Canada, said: "At Kraft Canada, it is important that we
work with suppliers capable of investing in their infrastructure in
support of enhancing service and enabling our growth. CN's
continuing effort to listen to us as a valued customer and taking
action is a key component of the foundation for our strong
partnership." Tim Epplett, supply chain manager - traffic for Heinz
Canada, said: "Heinz welcomes CN's investment in new heated
equipment. This will certainly make load planning easier for us
knowing that CN can provide us with more containers to send to our
valuable customers during seasons requiring heated equipment." Jens
Grellmann, manager, transportation services for Hopewell
Distribution Services Inc., which handles warehousing and
distribution for Campbell Company of Canada, said: "CN's
acquisition of a significant number of additional containers,
specifically heated equipment, will help our supply chain. The new
containers will improve equipment supply, allow us to achieve many
of our cost-saving initiatives and generate growth opportunities
for both companies." CN's domestic intermodal business is focused
on delivering truck-competitive, cost-effective service. CN
Intermodal offers shippers an approximate 24-hour rail advantage
from central Canada to Western Canada. At the same time, CN
Intermodal is competitive with single-truck-driver service between
central Canada and Winnipeg, Calgary, Edmonton and Vancouver
markets. Additionally, CN offers the only rail service option from
Montreal to Halifax. Ruest said: "CN is committed to working with
its customers to improve the efficiency of their supply chains.
Through investment, innovation and collaboration, CN seeks to help
its customers compete better in their end markets and to share in
the success of their growing businesses." Forward-Looking
Statements Certain information included in this news release
constitutes "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
under Canadian securities laws. CN cautions that, by their nature,
these 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. Such forward-looking statements are
not guarantees of future performance and involve known and unknown
risks, uncertainties and other factors which may cause the actual
results of performance of the Company or the rail industry to be
materially different from the outlook or any future results or
performance implied by such statements. Important factors that
could affect the above forward-looking statements include, but are
not limited to, the effects of general economic and business
conditions, industry competition, inflation, currency and interest
rate fluctuations, changes in fuel prices, legislative and/or
regulatory developments, compliance with environmental laws and
regulations, actions by regulators, various events which could
disrupt operations, including natural events such as severe
weather, droughts, floods and earthquakes, labor negotiations and
disruptions, environmental claims, uncertainties of investigations,
proceedings or other types of claims and litigation, risks and
liabilities arising from derailments, and other risks detailed from
time to time in reports filed by CN with securities regulators in
Canada and the United States. 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 U.S. securities regulators, available on CN's website, for a
summary of major risks. CN assumes no obligation to update or
revise forward-looking statements to reflect future events, changes
in circumstances, or changes in beliefs, unless required by
applicable Canadian securities laws. In the event CN does update
any forward-looking statement, no inference should be made that CN
will make additional updates with respect to that statement,
related maters, or any other forward-looking statement. CN -
Canadian National Railway Company and its operating railway
subsidiaries - 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 metropolitan areas 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. For more information on
CN, visit the company's website at www.cn.ca. Northfield,
Ill.-based Kraft Foods Inc. (NYSE: KFT) is a global snacks
powerhouse with an unrivaled portfolio of brands people love.
Proudly marketing delicious biscuits, confectionery, beverages,
cheese, grocery products and convenient meals in approximately 170
countries, Kraft Foods had 2010 revenue of $49.2 billion, more than
half of which was earned outside North America. Eleven of the
company's iconic brands - including Cadbury, Jacobs, Kraft, LU,
Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia and
Trident - generate revenue of more than $1 billion annually, and 40
have been loved for more than a century. A leader in innovation,
marketing, health & wellness and sustainability, Kraft Foods is
a member of the Dow Jones Industrial Average, Standard & Poor's
500, Dow Jones Sustainability Index and Ethibel Sustainability
Index. For more information, visit www.kraftfoodscompany.com and
www.facebook.com/kraftfoodscorporate. In Canada, company brands
include Kraft Dinner macaroni and cheese, Christie cookies and
crackers, Kool-Aid and Del Monte beverages, Caramilk chocolate,
Maynards candy, and Stride and Dentyne gum. Established over 100
years ago in 1909, Heinz Canada is the leading processor and
marketer of high-quality ketchup and condiments, infant foods,
pasta sauces, canned beans and pasta, and specialty sauces and
salad dressings through all retail and foodservice channels. With a
host of favourite brands, including Heinz(R), Chef Francisco(R),
Richardson(R), Classico(R), Bagel Bites(R), HP Sauce(R), Lea &
Perrins(R), Renée's Gourmet(R), Diana(R), Arthur's Fresh(R), and
Weight Watchers(R)* Smart Ones(R), Heinz Canada employs more than
1,200 people across the country. Heinz Canada is a division of the
H.J. Heinz Company (NYSE: HNZ) based in Pittsburgh, Pa. For more
information about Heinz Canada products, please visit our websites:
Heinz.com; Foodservice.heinz.ca and Heinzitup.com. * Weight
Watchers on foods and beverages is the registered trademark of WW
Foods, LLC and is used under license. Hopewell Distribution
Services's supply chain services group was established in 1996 with
the vision of creating campus style distribution centers offering a
blend of physical distribution services, information management
services, logistics support services and facility development
services designed specifically for manufacturers of packaged
consumer goods who wish to maximize the efficiency of their
distribution networks. The company has grown from a cold start in
1996 to design, build and operate approximately 1.6 million square
feet in Brampton, Ont., where it now offers national distribution
packages to many common household consumer brands. In addition to
its Brampton Distribution Campus, Hopewell also operates in
Calgary, Alta., and Vancouver, B.C. Contacts for CN: Media: Mark
Hallman, Director, Communications & Public affairs, (905)
669-3384; Investors: Robert Noorigan, Vice President, Investor
Relations, (514) 399-0052; Contacts for Kraft Canada: Lynne Galia,
Corporate Affairs, (416) 441-5610; Contacts for Heinz Company: Joan
Patterson, Corporate Affairs Leader, (416) 226-7587; Contacts for
Hopewell Distribution Services: Jens Grellmann, Transportation
Manager, (905) 789-3622
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