Skip to main content

CN Joining The Commtrex Marketplace

MONTREAL, Sept. 08, 2020 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is pleased to announce that it has joined The Commtrex Transload Marketplace, offering customers one-stop access to CN’s unique tri-coastal rail network and its extensive range of transloading distribution services across Canada and the U.S.
Commtrex makes it quick and easy to find and request transloading services by efficiently connecting shippers with transloading providers who can handle the movement of bulk, liquids, packaged goods, oversized cargo, and more. Commtrex matches shippers with the most relevant transload facilities, then allows shippers to compare detailed information about each location before connecting directly through the platform to discuss terms.‘‘CN is focused on leveraging technology to better serve our customers; The Commtrex Marketplace helps us achieve exactly that by providing multiple transload options for shippers and facilitating quick and nimble decision-making between all parties. By using Commtrex, CN can connect customers with our team of experts to receive the best transload solutions that will help optimize their supply chains. With CN’s comprehensive data analytics from our distribution facilities, as well as data from the Commtrex platform, we are offering increased visibility, and deeper level insights on customers’ goods including volumes, inventory aging, and last mile optimization.’’
–      Mark Lerner, Vice-President, Marketing and Business Development
 “We are excited to partner with CN to increase the scope and reach of our platform for our shipper members, further demonstrating our growth and commitment to provide value to the rail industry. Today’s announcement is another solid step in our journey to build the leading marketplace for the rail ecosystem.”
–      Martin Lew, CEO of Commtrex
About CN
CN 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 Southern tip of the U.S through a 19,500 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 Commtrex
Commtrex is the largest online marketplace empowering shippers to find and connect with transloading services, storage locations, lessors, and a wide range of service providers. Commtrex is a highly trusted, effective, and data-driven platform that is modernizing how the rail industry connects. Within three years, Commtrex has grown to over 1000 member companies, the majority of which are the largest commodity shippers across North America.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.