CN and GE Transportation Systems sign locomotive maintenance agreement.MONTREAL--(BUSINESS WIRE)--May 13, 1997--CANADIAN NATIONAL RAILWAY (ME, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CNR See riser card. CNR - Communication and Network Riser ; 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. ) -- 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 has signed a locomotive maintenance agreement with GE Transportation Systems of Erie Pennsylvania. The agreement calls for General Electric to manage the maintenance and repair of 118 of CN's high horsepower GE Dash 8 and Dash 9 locomotives, all of which are dedicated to mainline mainline Drug slang verb To inject a drug service. The agreement is effective June 1st, 1997. "Our experience has shown that this type of agreement is highly conducive to improving the reliability and availability of our locomotive fleet," said CN's President and Chief Executive Officer Paul M. Tellier. "We benefit from General Electric's high level of technical expertise, and General Electric benefits from first hand input at the field level. Most important, the agreement further strengthens our ability to provide CN's customers with the reliable, efficient service they need to thrive in today's highly competitive global marketplace." "We are excited about this opportunity to support CN's performance goals for reliability and availability, as we extend the relationship we began with our first locomotive order in 1989," said David Calhoun, President and Chief Executive Officer of GE Transportation Systems. "The agreement is based on helping CN meet its aggressive customer service objectives through additional support and training. It also adds to GE's growing global service business." All of the locomotives covered under the General Electric agreement will be maintained in CN's Symington locomotive reliability centre in Winnipeg, Manitoba. The balance of CN's fleet will continue to be maintained as usual in Toronto, Edmonton, and Vancouver. Canadian National is Canada's largest and North America's sixth largest freight railroad, based on 1996 revenues of $4.2 billion. It serves all of Canada, including the key ports of Vancouver, Montreal, and Halifax, as well as Chicago and Detroit, with connections to all points in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . CONTACT: Canadian National Railway Company Jean-Daniel Hamelin, 514/399-6630 http://www.cn.ca |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion