Falcon Premium Intermodal Service Will Offer the Best
Transit Times and Reliability
MONTREAL, April 24,
2023 /PRNewswire/ -- CN (TSX: CNR) (NYSE: CNI),
Union Pacific Railroad (NYSE: UNP) and GMXT (BMV: GMXT) proudly
announced today the creation of Falcon Premium intermodal service,
a best-in-class Mexico-US-Canada service with a seamless rail
connection in Chicago, Illinois.
It will directly connect all CN origin points within Canada and Detroit,
Michigan to GMXT terminals in Mexico: Monterrey,
Nuevo Leon, and Silao,
Guanajuato. This service will directly benefit intermodal
customers shipping automotive parts, food, FAK (freight all kinds),
home appliances, and temperature-controlled products.
Falcon Premium service will be the fastest, most reliable
intermodal rail service between Canada and Mexico by combining the unique benefits of
each partner. The seamless service will leverage GMXT's
best-in-class transit times between Silao, Guanajuato, and Eagle Pass, Texas; Union Pacific's superior
route from Texas to Chicago and CN's best-in-class service
connecting Chicago to all points
in Canada through the unique
EJ&E Chicago bypass.
This new and innovative service allows the maximization of
lading weights between Mexico/Canada
for greater efficiency for customers. Falcon Premium intermodal
service will also contribute to lower greenhouse gas emissions
through reduced rail miles and significant truck-to-rail
conversion.
"Falcon Premium service is a game changer for intermodal
customers. By leveraging each partner's best services and routes,
we are creating a transformational new product. Our commitment is
to run this service with the utmost focus to maximize speed,
reliability, and customer satisfaction. This service is an example
of how collaboration and cooperation can improve supply chains for
customers."
- Tracy Robinson, President and
Chief Executive Officer, CN
"This bold, creative venture harnesses the strengths of three
companies to provide best-in-class service to our customers in
three countries, while supporting our climate goals. We are excited
to be a part of this new intermodal service connection, which
leverages our unmatched route into and out of Mexico and strengthens our intermodal service
portfolio."
- Lance Fritz, Chairman, President
and CEO, Union Pacific
"GMXT has a long-standing commitment of being part of the
logistics solutions that North
America requires to boost the economic growth in the region,
through its rail service. The Falcon Premium service is tailor-made
with the objective of providing new solutions to customers catering
to the requirements of nearshoring demands."
- Fernando López, Chief Executive Officer, GMXT
About CN
CN (TSX: CNR) (NYSE: CNI) is a world-class transportation leader
and trade-enabler. Essential to the economy, to the customers, and
to the communities it serves, CN safely transports more than
300 million tons of natural resources, manufactured products,
and finished goods throughout North
America every year. As the only railroad connecting
Canada's Eastern and Western
coasts with the U.S. South through a 18,600-mile rail network, CN
and its affiliates have been contributing to community prosperity
and sustainable trade since 1919. CN is committed to programs
supporting social responsibility and environmental stewardship.
About Union Pacific
Union Pacific (NYSE: UNP) delivers the goods families and
businesses use every day with safe, reliable, and efficient
service. Operating in 23 western states, the company connects its
customers and communities to the global economy. Trains are the
most environmentally responsible way to move freight, helping Union
Pacific protect future generations. More information about Union
Pacific is available at http://www.up.com.
About GMXT
GMXT (BMV: GMXT) is the leading ground transportation company in
Mexico with the best coverage and
connectivity. GMXT covers 24 states of Mexico, almost 90% of the country's GD, and a
significant presence in Florida
and Texas. GMXT's network has an
unrivaled seamless integration with the rest of North America through 6 interchange points
along the US-Mexico border. More information about GMXT is
available at https://gmxt.mx/
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SOURCE Union Pacific Corporation
