Cosco, CN Extend Intermodal Pact
Canadian National Railway (CN) announced that COSCO Shipping has chosen CN to be the exclusive rail provider for the Chinese state-owned shipping company's discharge at the Ports of Vancouver, Prince Rupert, Montreal, and Halifax to all currently served CN destinations.
“We are proud that CN’s supply chain logistics and focus on growth has earned the continued trust of COSCO shipping’s business,” said Keith Reardon, senior vice-president of consumer product supply chain at CN.
“This is yet another strategic contract signed recently. By choosing CN to service all inland destinations on the network, COSCO will be well positioned to benefit from a unique tri-coastal access. This new exclusive Canadian partnership further reinforces our relationship and our commitment to providing the best intermodal rail service,” Reardon added.
CN is a backbone of the economy, transporting more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network of approximately 20,000 route miles spanning Canada and mid-America.
CN – Canadian National Railway Company, along with its operating railway subsidiaries – serves the cities and ports of Vancouver and Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis., and Jackson, Miss., with connections to all points in North America.
China Ocean Shipping Company, known as COSCO or COSCO Group, is the fourth-biggest container shipping company in the world by TEU capacity (1,972,491).