(The Canadian Press circulated the following on May 3, 2011.)
SASKATOON, Sask. — Canadian National Railway (TSX:CNR) says its new scheduled train service to potash mines in Saskatchewan is reducing loading and unloading times by 25 per cent.
Scheduled trains going between its potash hub in Winnipeg and mines in Saskatchewan have reduced switching and car waiting times at terminals, boosting efficiency, Canada’s largest railway said Tuesday.
Potash Corporation of Saskatchewan Inc. (TSX:POT), the world’s largest fertilizer company, said in a statement that scheduled train service is helping with logistics as it continues to grow its business.
“CN’s scheduled potash service has brought a new level of supply chain efficiency to our operations, allowing us to more reliably serve our customers,” Bob Felgenhauer, PotashCorp’s vice-resident, transportation and distribution, said in a statement.
The majority of Canadian potash moves by rail to the United States or to ports for overseas export, CN said.
The railway said it modeled its potash service after similar scheduled train service for the grain and coal industries.
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