📋 Tender Overview
CN TSX CNR announced that as part of its strategic investments to support growing demand and enable supply chains it plans to invest approximately 165 million USD across Illinois in 2020. The investments will focus on the Chicago St Charles Airline Bridge renewal as well as the replacement of rail and ties and maintenance of bridges level crossings culverts signal systems and other track infrastructure.We take our essential role in the North American economy seriously and these investments in Illinois are a key part of our strategy to support growth. The Company remains committed to help enable supply chains that fuel Illinois growth as we are a critical part of getting everyday goods to markets and consumers. Safety is a core value at CN and by investing in the maintenance and expansion of our track and capacity we are providing customers with a safe and reliable solution at a time when fluid supply chains are more critical than ever.Derek Taylor Vice-President Eastern Region at CNSustained long term investment in our infrastructure is something every part of our country needs. Illinois has been blessed with freight rail partners like CN who year after year contribute hundreds of millions of dollars of private investment in our state. CN surpassing 1.3 billion in private CAPEX in Illinois alone over the last five years has set the foundation for the quick economic recovery we all seek.Mike Hastings Illinois State Senator the 19th Senate District includes portions of Cook and Will Counties home to many communities at the core of CNs Illinois network.The Companys investments will create greater capacity which supports reductions in its customers transportation supply chain GHG emissions by encouraging the use of rail for long haul needs. This reduces emissions traffic congestion accidents and burdens on public transportation infrastructure as one freight train can replace over 300 trucks from roads. Moving freight by rail instead of truck reduces GHG emissions by 75. The Company will continue to deploy important safety enhancing technologies across its network such as the Autonomous Track Inspection Program Distributed Air Cars and Automated Inspection Portals.Maintenance program highlights include Replacement of 9 miles of railInstallation of over 180000 new railroad tiesRebuilds of 45 road crossing surfacesMaintenance work on bridges culverts signal systems and other track infrastructureIllinois in numbersCapital investments More than 13 billion in the last five yearsEmployees approximately 1825Railroad route miles operated 1253Community partnerships 247000 in 2019Local spending 1 billion in 2019Cash taxes paid 35 million in 2019Illinois is CNs largest state in terms of operations and employees. CNs routes from throughout North America converge in Chicago. Homewood a Chicago suburb is home to CNs U.S. headquarters and a modern training centre. CN Campus is focused on instilling and reinforcing a strong safety culture. In 2019 nearly 3000 experienced railroaders new hires and customers received a complete range of hands-on technical training.
