Canadian National

NEW ORLEANS — CN announced a definitive agreement to sell substantially all of the assets of IC RailMarine Terminal Company (ICRMT) to Raven Energy an affiliate of Foresight Energy LLC and the Cline Group for $73 million.

CALGARY — CN said that construction of its new Calgary Logistics Park, an investment of approximately C$200 million, will start this summer with target completion by year-end 2012. The project was first announced in February 2010.

MONTREAL — CN was awarded the TRANSCAER (Transportation Community Awareness and Emergency Response) National Achievement Award at a ceremony in St. Louis.

EDMONTON — CN announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification facility in Edmonton.

MONTREAL — CN has refinanced its revolving credit facility with a new four-year $800-million facility co-led by The Bank of Nova Scotia, J.P. Morgan Securities LLC, and BMO Capital Markets.