TrinityRail: 1,000 Grain Hoppers for CN
TrinityRail: 1,000 Grain Hoppers for CN Written by Marybeth Luczak, Executive Editor
CN largely attributes its continued ability to deliver record grain volumes to its long-term investment strategy, which includes adding new high-capacity hoppers. It ordered 1,000 this month and 1,500 in July 2020.
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.
Such lighter, shorter, high-capacity cars enable the movement of more grain with less equipment.
The TrinityRail “cars will be manufactured in Mexico and will help move more grain across the CN rail network, which continues to make CN the embodiment of a true USMCA railroad,” CN President and CEO JJ Ruest said. “In addition to our superior proposal to combine with KCS [Kansas City Southern], t
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CN sets new MMT record
CN (TSX: CNR) (NYSE: CNI) announced today that it moved 2.95 million metric tonnes (MMT) of western Canadian grain in March 2021, exceeding the previous record of 2.74 MMT set in 2020 and 19% ahead of the three-year average of 2.47 MMT.
During the first quarter of 2021, and despite the extreme temperatures experienced over large parts of CN’s network in February, CN moved 8.2 MMT of Canadian grain, exceeding the previous first quarter record of 7.0 MMT established in 2017 and over 25% higher than the three-year average of 6.5 MMT. So far, during the 2020-2021 crop year, CN has moved 22.7 MMT of Canadian grain. This is an increase of 19% compared to the previous year to-date record of 19.1 MMT established in the 2018-19 crop year.
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MONTREAL, April 05, 2021 (GLOBE NEWSWIRE) CN (TSX: CNR) (NYSE: CNI) announced today that it moved 2.95 million metric tonnes (MMT) of western Canadian grain in March 2021, exceeding the previous record of 2.74 MMT set in 2020 and 19% ahead of the three-year average of 2.47 MMT.
During the first quarter of 2021, and despite the extreme temperatures experienced over large parts of CN’s network in February, CN moved 8.2 MMT of Canadian grain, exceeding the previous first quarter record of 7.0 MMT established in 2017 and over 25% higher than the three-year average of 6.5 MMT. So far, during the 2020-2021 crop year, CN has moved 22.7 MMT of Canadian grain. This is an increase of 19% compared to the previous year to-date record of 19.1 MMT established in the 2018-19 crop year.
MONTREAL — Canadian National Railway says it moved a historic amount of Canadian grain in March, its 13th consecutive record month despite challenging conditions.The Montreal-based railway says it . . .