National Steel Car

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.

NSC A end

NSC’s new crude oil “slick”

National Steel Car, which has been building freight cars in Hamilton, Ont., for 102 years, has entered the railroad tank car market with a 31,800-gallon DOT-111 “slick” (non-jacketed, non-coil) general-purpose (non-pressure) model built to AAR P-1577/CPC-1232 safety standards with half-head end shields and AAR-required rollover protection.