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J
01-20-2006, 02:14 PM
Among other things, you'll soon see BNSF trains operating on CN / IC between Memphis and Centralia.

PR NEWSWIRE
Thu January 19, 2006 16:01 EST
CN and BNSF Railway Announce Agreement to Increase Network Fluidity and Infrastructure Capacity
MONTREAL and FORT WORTH, Texas, Jan. 19 /PRNewswire-FirstCall/ -- CN and BNSF Railway Company announced today an agreement focused on improving rail network fluidity and infrastructure capacity, principally in Vancouver, B.C., Chicago, and between Memphis and southern Illinois.
The agreement includes track and rail infrastructure exchanges between the railroads, and CN's grant of trackage, haulage and other access rights to BNSF Railway.
Highlights of the agreement are:
. In Vancouver, B.C., CN will obtain operational, dispatching and maintenance control of 12 miles of joint track between the Fraser River Bridge in New Westminster, B.C., and ocean terminals on the south shore of Burrard Inlet near downtown Vancouver. This trackage also connects CN's network with its north shore terminals, customers and the former BC Rail.
. In Chicago, BNSF will obtain operational, dispatching and maintenance control of CN's Corwith Tower interlocker, and obtain trackage rights on CN for 30 miles between Corwith and Joliet, Ill., and on two miles of CN's 49th Street line.
. BNSF will obtain trackage rights on CN's main lines between Memphis and southern Illinois. CN will also transfer its Memphis interlocker to BNSF.
Matthew K. Rose, BNSF's chairman, president and chief executive officer, said, "These agreements provide BNSF with increased capacity and dispatching efficiencies in Chicago and Memphis. In addition, we now can tap CN's surplus capacity between Memphis and Centralia, Ill., to expand our ability to handle more traffic."
E. Hunter Harrison, CN's president and chief executive officer, said: "These agreements are smart railroading: CN's track and rail infrastructure sharing agreements with BNSF Railway are creative means of improving network fluidity and increasing traffic density on our system. Our lease of the Joint Section in Vancouver will improve the fluidity of rail operations for all railroads in Vancouver, and improve key rail service to Vancouver Ports and Terminals on the South and North Shores."
/CONTACT: Mark Hallman, System Director, Media Relations, +1-905-669-3384, or investors, Robert Noorigian, Vice-President, Investor Relations, +1-514-399-0052, both for CN; or Richard Russack, Vice-President, Corporate Relations, +1-817-867-6425, or Marsha Morgan, Vice-President, Investor Relations, +1-817-352-6452, both of BNSF Railway Company/

Slopes09
01-21-2006, 05:00 AM
. In Chicago, BNSF will obtain operational, dispatching and maintenance control of CN's Corwith Tower interlocker, and obtain trackage rights on CN for 30 miles between Corwith and Joliet, Ill., and on two miles of CN's 49th Street line.

I don't think this will make much difference since the majority of the freight on the Corwith to Joliet stretch is BNSF runthroughs.

kfleeman
01-21-2006, 06:23 AM
I read on another forum that BNSF was going to make a "big announcement" early this year, but who knows if that's true. You don't think this little BNSF/CN agreement would be the "big announcement" do you? I sure hope not, I'm wanting to see something truly "big" out of BNSF.

And also, does anyone think BNSF will try to rekindle the BNSF/CN merger that was unsuccessful a few years ago?

J
01-21-2006, 02:35 PM
Not aware of any "Big Announcement" and don't believe any large mergers are imminent. The economy (at least for railroads) is doing well and organized shipper opposition coupled with the challenges of integrating large railroads causes senior management to focus on other ways to improve operations. This CN / BNSF arrangement along with the recent NS / KCS deal between Meridian and Shreveport are examples.

BNSF_SD40-2B
01-21-2006, 06:30 PM
I read on another forum that BNSF was going to make a "big announcement" early this year, but who knows if that's true. You don't think this little BNSF/CN agreement would be the "big announcement" do you? I sure hope not, I'm wanting to see something truly "big" out of BNSF.

And also, does anyone think BNSF will try to rekindle the BNSF/CN merger that was unsuccessful a few years ago?


I don't think BNSF and CN will merge, and this whole agreement shows you that they wont, because if they were going to merge they wouldn't need this agreement.