Building for

the Future

Keith Reardon Vice-President, Intermodal

Prince Rupert

Prince George

Vancouver

Edmonton

Calgary

Saskatoon

Winnipeg

Chippewa Falls

Arcadia

Chicago

Joliet

Indianapolis Decatur

Detroit

Toronto

Montreal

Moncton

Saint

John Halifax

Memphis

Jackson

New Orleans

CN Intermodal terminals

CN-served ports

CN-served destinations

Mobile

Louisville

Cincinnati

Cleveland

Columbus

CN Terminal Investment

Port Partner Investment

Steel

Wheel

Interchange

In Chicago

Duluth

Pittsburgh Diversified Portfolio

Create Matchback

Intermodal 23%

Petroleum and Chemicals 19%

Grain and Fertilizers 16%

Forest Products 14%

Metals and Minerals 11%

Automotive 6%

Other Revenues 6%

Coal 5%

The CN Difference Unparalleled market reach – 3 coast access to

the U.S. Midwest and Central Canada

Vancouver

Prince Rupert

Halifax Montreal

New Orleans

Mobile

An innovative supply chain model …that produces results.

Gulf coast expansions 2016

• Panama Canal

• Port of New Orleans

• Port of Mobile

West coast expansions mid-2017

• Port of Prince Rupert

• Port of Vancouver

Overseas Intermodal Containers

West Coast Discharge (TEUs)

10% CAGR

2010 2011 2012 2013 2014 2015 2016

To U.S. To Canada

Prince Rupert 2017 Expansion by

500K TEUs

Vancouver 2017 GTC Deltaport

rail yard expansion

by 600K TEUs

Mobile 2016 APM Terminals

expansion by 125K TEUS

Montreal 2017 Viau terminal raising

capacity by 350K TEUs

Halifax $100M over the

last 5 years

Supply chain success =

Partners Collaborating &

Innovating

Traffic density map

New Orleans 2016 Napolean Ave.

expansion by 260K TEUS

Partners Collaborating & Innovating in New Hinterland Destinations

Working With Our Port Partners $2.75B planned CN Investments for 2016

… to Supply Chain thinking

exp b

Round-trip

True destination

CNTL

Evolved from railroad thinking…

Rail origin Rail destination

“ It’s about the velocity of the container

through the entire Supply Chain”

True origin

Delivering & Refining the End-to-End Supply Chain

Ocean Time Terminal Time Rail Time Truck Time

Via Prince Rupert: 20 Days Chicago, IL Qingdao,

China

Via Prince Rupert: 21 Days Memphis, TN Qingdao,

China

Via Prince Rupert: 19 Days Toronto, ON Shanghai,

China

Via Vancouver: 21 Days Indianapolis, IN Shanghai,

China

Via Vancouver: 20 Days Detroit, IN Shanghai, China

Import Supply Chain – Prince Rupert / Vancouver

The Fastest Rail Route In & Around Chicago

CN

Shortline (IHB, BRC)

Leithton

connection

Munger

connection

Matteson

connection

Griffith

connection

To/from

Vancouver/

Prince Rupert

CN To/from

New Orleans

CN To/from

Ports of

Montreal &

Halifax

CN To/from

Ohio Valley

Harvey

Chicago

• CN’s routing eliminates

congestion

• Extending direct rail

routing with steel wheel

interchange to NS and

CSX into key Ohio Valley

markets

• Daily train service reduces

cost and time for efficient

delivery East of Chicago

Supply Chain Advantages

• CN's Supply Chain engagement continues to extend into new inland terminals

• Stakeholders are aligned to deliver value throughout the supply chain

• Increased visibility of shared metrics ensure service alignment and continuous

improvement

• Investments throughout the supply chain have provided a reliable foundation

for growth and efficient operations

Thank you