CN Buying New Hopper Cars

Canadian National plans to buy 1,000 high-cube grain hopper cars over the next two years.

The cars will have 5,431 cubic feet of capacity and replace aging low-capacity equipment used to haul annual crop yields

National Steel Car will build the hoppers at its plant in Hamilton, Ontario.

In an unrelated development, earlier this week Canadian lawmakers passed Bill C-49, the Transportation Modernization Act, which raises the ownership limit in CN to 25 percent from 15 percent.

The legislation also includes new rules governing rail shipping, including the creation of a “long-haul intershipping” system aimed at helping rail customers served by only one line.

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