CN, NASCO to Offer U.S. Midwest Steel Markets New distribution Options with Construction of Chicago Steel Transloading Facility

CHICAGO — CN and North America Stevedoring Company (NASCO) announced construction of a new multi-modal steel transloading facility in Chicago, the North American hub for steel transportation.

NASCO is a division of Quebec Stevedoring Company Ltd. (QSL).

The new facility will be located at the Port of Chicago on 190 acres of land adjacent to CN’s Kirk Yard and Interstate 90, roughly 13 miles south of downtown Chicago. It will offer producers multi-modal transportation options by rail, truck, intermodal container, inland barge and ocean-going vessel for steel coil, sheet, plate, bar, structural, pipe and tube products, as well as dimensional loads and heavy equipment, as early as January 2011.

Jean-Jacques Ruest, executive vice-president and chief marketing officer for CN, said: “The Chicago Metals & Minerals Transload facility will give both CN and NASCO a strong foothold in the most important steel market in North America. Approximately half of steel production and consumption on the continent takes place within a 300-mile radius of Chicago. Innovative and efficient facilities are critical to the industry.