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Does anyone know why Canadian intermodal is growth is flat this year?
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CPR is getting out of the TOFC business. They have a "MaxStack" program underway to convert as much trailer traffic as possible to stack train, looking for a 16% gain in productivity. This program is said to be 80% complete. (See http://www.trainscan.com/news/scan/s0404/index.html and the CPR Second Quarter, 2004 press release.) Possible this is diverting some business to the highways.
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