CN-CPR Formalize Rail Sharing Agreements

MONTREAL - Nov 16/04 - SNS -- CN and Canadian Pacific Railway (CPR) are changing their rail sharing experiment through British Columbia into a formal agreement as part of a wider accord aimed at improving railway transit times and asset utilization in British Columbia, Alberta and Ontario.

A slot-sharing arrangement allowing CPR to move eight trains a week of bulk commodities over CN's line between Edmonton and CPR's network at Coho, B.C., near Kamloops, a distance of about 550 miles.

Under the arrangement, which has been tested for the past several months by the railways, trains are equipped with CPR locomotives and operated by CN crews. At Coho, CPR trains enter already-established directional running trackage that sees all westbound trains of both railways move through the Fraser Valley on CN's line and all eastbound trains move on CPR's line.

Directional running over about 100 miles of parallel CPR and CN track in Ontario between Waterfall, near Sudbury, and Parry Sound. The two railways will operate eastbound trains over the CN line and westbound trains over CPR's line, improving network fluidity in this corridor.

A haulage arrangement, with CN freight moving over about 300 miles of CPR track in Ontario between Thunder Bay and a junction with CN at Franz using CPR's route north of Lake Superior. This arrangement will permit the rationalization of about 200 miles of CN secondary track in Ontario between Thunder Bay and Longlac. CN will maintain transportation service to affected shippers.