CN Selected as ZIM's Inland Rail Carrier for New ZIM Pacific Service.MONTREAL--(BUSINESS WIRE)--May 24, 1999-- Canadian National (ME:CNR.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CNR.) (NYSE NYSE See: New York Stock Exchange :CNI (1) (Certified NetWare Instructor) See Novell certification. (2) (Coalition for Networked Information, Washington, DC, www.cni.org) A partnership of the Association of Research Libraries, CAUSE and EDUCOM, founded in 1990. ) announced today that ZIM ZIM Zavod Imeni Molotova (Gorky, Russia autombile maker) ZIM Zonal Interdiction Missile Israel Navigation Company has chosen CN as its inland rail carrier for a new container ship service between Asia and North America. The inaugural vessel, the ZIM Vancouver, arrived today in the Port of Vancouver The Port of Vancouver is the largest port in Canada, the largest in the Pacific Northwest, and the largest port on the West Coast of North America by metric tons's of total cargo with 76.5 million metric tons. . Two dedicated doublestack unit trains will depart Vancouver tomorrow, one destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. for the U.S. Midwest and the other for Central Canada. ZIM Israel Navigation Company is a major international container carrier. ZIM cited the Port of Vancouver's automated container terminals and direct rail links to the U.S. Midwest for choosing it as the first port of call. The new ZIM Pacific Service will capitalize on the strong demand for Asian imports in North America. James Foote, CN's senior vice-president, sales and marketing, said: "CN's doublestack service from the Port of Vancouver to its Gateway Intermodal Terminal in Chicago gives ZIM a competitive edge for imports destined for the U.S. Midwest. CN's merger with Illinois Central will strengthen the railroad's North American franchise, giving ZIM's customers direct access to points south of Chicago such as Memphis and St. Louis." CN will run two weekly dedicated doublestack unit trains to the U.S. Midwest and Toronto and Montreal for the new ZIM Pacific Service, in addition to its existing daily doublestack service between Vancouver and Chicago and Vancouver and Central Canada. The ZIM Pacific Service has six vessels; the ships have an individual capacity ranging from 1,400 to 2,000 TEUs (20-foot equivalent containers). The vessels will depart from Shekou, China, calling at Hong Kong, Shanghai, Pusan, Vancouver, Long Beach, Oakland, Seattle and then return. CN has been ZIM's inland rail carrier from the Port of Halifax for over 25 years. Canadian National Railway Company Canadian National Railway Company (NYSE: CNI, TSX: CNR) is a Canadian rail transportation company that operates the Canadian National Railway. It was created in December, 1918 as a Crown corporation of the Government of Canada to nationalize several bankrupt rail systems serves all of Canada and the U.S. Midwest, including the ports of Vancouver, Montreal, Halifax and the key cities of Toronto, Chicago, Detroit and Buffalo, with connections to all points in North America. |
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