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CN today signed a memorandum of understanding (MOU) with the Alabama State Port Authority (ASPA), which owns the public terminals at the Port of Mobile, intended to drive increased supply chain effi ciency and a greater share of transportation markets in North America.

We believe the agreement — similar to ones CN has signed with all of Canada’s major ports and intermodal terminals — will extend

the geographic reach of the Port of Mobile so that we all can take advantage of potential new container rail traffic following

completion of the Panama Canal expansion project in 2016.

JJ Ruest, Executive Vice-President & CMO, CN

A key signatory to CN’s MOU for the Port of Mobile gateway is APM Terminals Mobile, LLC. APM Terminals operates a 95-acre, deep-sea container terminal at the Port of Mobile. The state-of-the-art container terminal is adjacent to the intermodal rail facility now under construction. The ASPA is building the US$32-million rail terminal that will permit the direct and fl uid transfer of containers between vessel and rail car in the spring of 2016.

James K. Lyons, chief executive offi cer of the ASPA, said: “The completion of an adjacent rail container transfer facility at our port in the spring of 2016 will improve our ability to handle con-tainer traffi c. Our future level-of-service agreement with our port partners will create a range of competitive key performance indicators through a system that encourages collaboration and accountability, for the benefi t of our mutual customers.”

Ruest concluded: “With increased canal capacity and the new rail facility at the Port of Mobile, CN sees a ‘third-coast’ opportunity for increased volumes of container traffi c entering North America via the Gulf of Mexico. We’re looking forward to working with our partners in Mobile to make their supply chains more competitive and grow our business with them.”

“We believe the agreement — similar to ones CN has signed with all “We believe the agreement — similar to ones CN has signed with all of Canada’s major ports and intermodal terminals — will extend “of Canada’s major ports and intermodal terminals — will extend

”take advantage of potential new container rail traffic following

”take advantage of potential new container rail traffic following

completion of the Panama Canal expansion project in 2016.”completion of the Panama Canal expansion project in 2016.

CNPort of Mobileand the