CN reported May 7 it will purchase 1,000 high-capacity hopper cars from TrinityRail, a move that follows 14 consecutive months of record grain hauls as demand continues to grow in Canada and abroad.
National Steel Car
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.
Canadian Pacific moved more Canadian grain and grain products in November 2019 than any month in its history, delivering 2.74 MMT (million metric tons) and eclipsing its previous 2.66 MMT all-time record, set in October 2019.
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.
A fleet of new centerbeam cars are being deployed by CN, with patented energy management technology designed to reduce train separations in transit.
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.
CN has ordered 1,000 high-cube grain hopper cars from National Steel Car, Hamilton, Ont., to replace aging equipment and accommodate increasing annual Western Canadian crop yields. The order closely follows the Canadian government’s passing of Bill C-49, the Transportation Modernization Act.
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.
A terminal serving the crude oil industry is offering help for drought-stricken California.