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Record Year for Canadian Railways
OTTAWA - Feb 21/06 - SNS -- Canadian railway traffic reached a record levels in 2005, according to Statistics Canada, mainly due to huge demand for primary goods from China and other Asian nations.
Railways reported total loadings of more than 287.2 million metric tons (MT) of goods in 2005, up 3.7% or 10.4 million MT over 2004.
Canada's entire transportation industry has worked hard in 2005. New infrastructures, as well as collaborative agreements to optimize movements of cargo on an already busy transportation network, appears to have been beneficial.
The results of these collective efforts became more obvious in the second part of the year, when loadings surpassed those of the first half thanks to the strongest fourth quarter since 1999.
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