The Canadian National Railway has published its first public grain plan for the 2018-2019 crop year. To meet the projected grain volume, CN plans to purchase 1,000 new hopper cars over two years and 200 new locomotives over three years. CN is also expected to invest $3.5 billion in capital expenditures this year and hire nearly 1,300 new conductors. Most of these projects will be in Canada, but projects like the new tracks at the Manitoba yards will benefit U.S. grain movement.
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