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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (33643)	8/30/2017 8:25:55 AM
From: Goose94	Read Replies (1) \| Respond to of 203330

Canadian National Railway (CNR-T) the expansion project at the Port of Prince Rupert wrapped up Tuesday with the unveiling of the upgraded Fairview container terminal, a hub that analysts say has emerged as one of Canadian National Railways' most prized corridors for future growth. The $200-million investment by Dubai-owned DP World has turned the Prince Rupert, B.C., facility into Canada's second-largest container terminal, increasing the annual capacity from 850,000 twenty-foot equivalent unit (TEU) containers to 1.35 million. Since opening in 2007, the container operation has grown from weekly service featuring one train per week to servicing major steamship companies and more than 14 trains a week. An upgrade was needed, said DP World Canada's manager Maksim Mihic. With CN's exclusive access to the terminal, Raymond James analyst Steve Hansen says the Port of Prince Rupert is "a strategic gem." Mr. Hansen says, "While CN's vast network affords it many unique growth opportunities, the Port of Prince Rupert is quickly emerging as one of the railroad's most prized growth corridors."