CN has recently announced that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately US$100 million across Wisconsin in 2020. The investments will focus on a new auto compound in New Richmond, maintenance of vessels, replacement of rail and ties, as well as maintenance of bridges, level crossings, culverts, signal systems and other track infrastructure.
Derek Taylor, Vice-President, Eastern Region at CN, said: “We take our essential role in the North American economy seriously and these investments in Wisconsin are a key part of our strategy to support growth. The company remains committed to help enable supply chains that fuel Wisconsin’s growth as we are a critical part of getting everyday goods to markets and consumers. Safety is a core value at CN and by investing in the maintenance and expansion of our track and capacity, we are providing customers with a safe and reliable solution at a time when fluid supply chains are more critical than ever.”
“It’s great to hear that CN Railroad is once again investing more than US$100 million in infrastructure improvements to its rail network in the Badger State. It’s a strong sign of faith in the Wisconsin and US economies. Sustained private investment in sectors like freight railroads will be essential to the state’s economic recovery from the COVID-19 pandemic,” added Robin Vos, Speaker of the Wisconsin State Assembly.
The company’s investments will create greater capacity, which supports reductions in its customer’s transportation supply chain greenhouse gas (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 Programme, Distributed Air Cars and Automated Inspection Portals.
Maintenance program highlights include:
- Replacement of more than 9 miles of rail.
- Installation of over 60 000 new railroad ties.
- Rebuilds of 48 road crossing surfaces.
- Maintenance work on facilities, culverts, signal systems and other track infrastructure.
CN serves many local producers and general merchandise customers in Wisconsin, most notably from Milwaukee and Green Bay on Lake Michigan. CN also have intermodal terminals in Chippewa Falls and Arcadia. Since 2001, CN has invested over US$1 billion in infrastructure upgrades on its Wisconsin network to help create safe, efficient and competitive supply chain connections for our customers.
Read the article online at: https://www.drybulkmagazine.com/rail-barge/27072020/cn-to-invest-us100-million-in-wisonsin/
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