National Steel Car

EagleRail Container Logistics says its new system will move containers along an overhead track, and over other infrastructure, to replace the drayage truck model and alleviate port congestion.

Supply Side: EagleRail, National Steel Car, Alstom, Retlif

EagleRail Container Logistics will launch later this year an automated, overhead container transfer system for ports and intermodal operations; National Steel Car has temporarily suspended manufacturing after employees tested positive for COVID-19; work is under way for Alstom’s railcar facility expansion in Hornell, N.Y.; and Retlif Testing Laboratories has completed a yearlong cybersecurity compliance project for increased protection of rail and transit product testing.

CP cooking with grain

Canadian Pacific reports that it has broken all-time records for grain shipments, moving 2.64 million metric tonnes (MMT) of Canadian grain and grain products in October, the railroad’s biggest month ever for this commodity. The previous record was set in September 2017. CP also set a new record for biofuel shipments.

CP replacing grain hopper fleet

Canadian Pacific plans to invest more than a half-billion dollars in nearly 6,000 new high-capacity grain hopper cars, and expects to place more than 500 in service before the end of 2018, increasing capacity of its unit grain trains. National Steel Car, Hamilton, Ont., has received CP’s initial order for 1,000 units.

Carbuilders remain cautious: Cowen and Company

At Cowen and Company’s Eighth Annual Global Transportation Conference, analyst Matt Elkott hosted a railcar outlook and overview discussion panel featuring Railroad Financial Corp. President and Railway Age Financial Editor David Nahass, Northeast Logistics Systems LLC Founder and Principal Richard Flynn, and National Steel Car Senior Vice President Marketing and Sales Bob Pickel.