CN awards contract for grain hopper cars
MONTREAL — CN has awarded a contract to build 1,150 new generation, high-capacity, grain hopper cars to National Steel Car Ltd. of Hamilton, Ontario, bringing to $1-billion the amount CN plans to invest in Ontario by the end of 2022.
Along with its purchase of 1,150 rail cars, CN is spending more than $250-million in the construction of the proposed Milton Logistics Hub, a transportation infrastructure project.
“The $1-billion CN plans on investing in Ontario over the next two years demonstrates our ongoing commitment to the Province,” said JJ Ruest, president and CEO of CN. “The purchase of new railcars will encourage economic recovery, and help CN continue to meet the growing needs of grain farmers and grain customers across Canada.”
On July 21, 2020, CN said it was purchasing the new closed 55-foot, eight-inch jumbo grain hopper cars, each with 5,431 cubic feet of capacity. CN’s Western Canadian grain fleet is comprised of CN-owned hoppers, leased cars and private customer equipment. The new grain hopper cars will enable the company to move more tonnage of grain per year.