The Canadian National Railway Company is investing in 2,200 new freight cars to meet traffic growth.
As well as the additional freight cars, CN is acquiring 1,300 containers, 200 multi-purpose box cars and 317 multi-level cars.
Jean-Jacques Ruest, executive vice-president and chief marketing officer, said: “CN is acquiring new freight cars and containers for a range of markets, including forest products, metals, minerals, coal, iron ore, steel, consumer goods, finished vehicles, and grain.
“These fleet additions will help us grow in line with our customers’ demands and ensure CN has the right mix of modern, productive assets.”
CN’s largest rolling stock addition in 2012 will be the acquisition of 600 premium 60-foot, double-door box cars for forest products, and metals traffic.
Ruest added: “CN’s rolling stock acquisition strategy is responding to evolving market conditions and is intended to ensure reliable, predictable supply chains for our customers.”
