Canadian National (CN) has announced plans to build a C$250m intermodal and logistics hub adjacent to its main line in Milton in Ontario, Canada, located approximately 30 miles west of Toronto. Milton has ready access to major highways reaching key industrial and commercial areas in the Greater Toronto and Hamilton Area.
Claude Mongeau, CN President and Chief Executive Officer said, “CN’s advanced intermodal and logistics facility in Milton will help us efficiently handle growing intermodal traffic. The new hub will benefit our customers and the regional economy by improving central Canada’s access to the key transborder market as well as the Pacific and Atlantic coast trade gateways we serve.”
CN’s intermodal business – principally containerized international and domestic cargo moving in cooperation with trucks and ocean-going ships – is one of the company’s fastest growing business segments and its largest single business unit with 2014 revenues of more than C$2.7bn.
The Milton facility is designed to complement Brampton Intermodal Terminal, CN’s existing Toronto area intermodal terminal in Brampton.
