CN launches international freight forwarding subsidiary
MONTREAL, (May 10, 2005) — Canadian National Railway announced the formation of CN WorldWide, a wholly-owned subsidiary that will offer international freight forwarding services between Europe and North America.
Anita Ernesaks, a former CN vice-president of eBusiness, has been appointed managing director of the new enterprise.
The company says the new division will allow CN to offer shippers an integrated, door-to-door freight service and position the company to drive new containerized traffic through CN-served ports in North America.
CN WorldWide will be based in Rotterdam, Netherlands — the largest container port in the world outside of Asia. It will schedule and manage the door-to-door movement of international shipments, including rail, trucking, maritime transportation and port handling, along with warehousing, customs and billing.
“The new enterprise is a natural progression for CN, which has the network capacity, operating discipline, rail and trucking expertise and international partnerships to make this value-added freight-forwarding product a success,” said James M. Foote, CN’s executive vice-president.
CN WorldWide will focus initially on shipments between Europe and Eastern Canada, including Ontario and Quebec, via the Port of Halifax, and later the United States.
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