
Canadian National
CN to Acquire 161 Locomotives
MONTREAL — CN announced a major locomotive acquisition program to accommodate anticipated traffic growth and to improve operational efficiency, enabling the railway to better serve its customers. CN will acquire 65 new high-horsepower locomotives as well as 96 second-hand high-horsepower locomotives that will be upgraded. “CN’s locomotive acquisition program represents a balanced, capital-effective approach to handle expected volume growth over the next two to five years and to meet the locomotive requirements resulting from customer focused service plans,” Keith Creel, executive vice-president and chief operating officer, said. “The new and used motive power will enhance operational efficiency and reduce fuel