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Article: Canadian National, Canadian Pacific Railway Agree to Share Routes in Canada and the United States.
- Article from:
- Business Wire
- Article date:
- July 21, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
MONTREAL & CALGARY, Alberta--(BUSINESS WIRE)--July 21, 2000
CN(TSE:CNR.) (NYSE:CNI)
Railroad Pacts Will Improve Service, Increase Rail Competitiveness
Canadian Pacific Railway Company (CPR) and Canadian National Railway Company (CN) announced two groundbreaking agreements today that will increase the efficiency of their rail corridors in eastern North America.
In launching this new era in eastern rail asset management, CN and CPR have signed two major "co-production" agreements to share track in Ontario, the Midwest and the Northeastern United States.
The first is a five-year agreement providing CN ...