Wednesday, December 4, 2019
12:33 PM EST – Canadian National Railways : And Teck Resources Limited announced today a long-term rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations between Kamloops and Neptune Terminals, and other west coast ports. The agreement runs from April 2021 to December 2026, and will enable Teck to significantly increase shipment volumes through an expanded Neptune Terminals. The agreement also provides for investments by CN of more than $125 million to enhance rail infrastructure and support increased shipment volumes to Neptune. Canadian National Railways (T.CNR) shares were unchanged at 117.15.
Stocks in Play: Canadian National Railways, Wed, 04 Dec 2019 12:42:58 EST