
CN Completes $100 Million Memphis Yard Reconstruction
MEMPHIS, Tenn. — CN announced the completion of the $100 million multi-year construction project to reconfigure and modernize its Memphis rail classification yard. “This project transformed an aged, inefficient rail yard into a state-of-the-art, effectively designed major terminal capable of handling existing and future traffic quickly and efficiently,” said CN executive vice-president Claude Mongeau, who will succeed retiring president and chief executive officer E. Hunter Harrison on Jan. 1, 2010. “Today’s yard can handle nearly double the traffic the old facility could in a 24 hour period.” Memphis, a major freight distribution hub, is a key operating center on CN’s North American network. It is an important destination for freight