03:09:32 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 658,895,048
Close 2023-07-26 C$ 156.69
Market Cap C$ 103,242,265,071
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CN Railway to update 60 locomotives with Wabtec

2023-07-26 12:29 ET - News Release

Mr. Mark Grubbs reports

CN TO MODERNIZE 60 ADDITIONAL LOCOMOTIVES WITH WABTEC

Canadian National Railway Company will enhance an additional 60 locomotives in CN's existing fleet through Wabtec's modernization program. The investment supports CN's commitment to drive growth in a sustainable manner and build success for customers, employees and communities.

"Modernizing these locomotives cost-effectively improves the reliability of our existing fleet and contributes to reducing our rail carbon footprint," said Mark Grubbs, vice-president, mechanical, at CN. "In addition to reducing the environmental impact of our own operations, it helps us to reduce the greenhouse gas emissions of our customers."

The modernizations will help to improve locomotive fuel efficiency, where CN remains a leader in the North American rail industry, consuming approximately 15 per cent less locomotive fuel per gross ton mile than the industry average. The program supports CN's science-based target to reduce its scope 1 and 2 emissions by 43 per cent per gross ton mile by 2030 from a 2019 base year, and with CN's commitment to setting a net-zero 2050 carbon emission target aligned to a 1.5-degree scenario.

Wabtec's services team will modernize CN's 60 certified preowned Dash-9 locomotives to bring the total modernized fleet to 110 locomotives. The company will transform the locomotives from direct current- to alternating current-powered traction and will feature enhancements such as the FDL Advantage engine upgrade and a suite of digital solutions including Trip Optimizer and Locotrol Distributed Power. These upgrades are expected to extend the life of the locomotives and provide benefits, including targeted fuel efficiency improvements of up to 18 per cent through a combination of engine and digital technology enhancements, a more than 40-per-cent increase in reliability, and up to a 55-per-cent increase in pulling power. The total program is expected to enable CN to realize up to approximately 50,000 metric tonnes in annual greenhouse gas emission reductions, the equivalent of removing nearly 10,700 non-electric passenger cars. Additionally, the modernization order will reuse or recycle approximately 11,000 metric tonnes of steel.

"Our modernization solutions allow CN to enhance its existing fleet by upgrading to Wabtec's state-of-the-art technology to enhance the locomotives' performance to current standards," said Alicia Hammersmith, president of Wabtec Freight Services. "Our modernization program supports the circular economy and is a key component of Wabtec's sustainability approach through processes that reduce waste, extend life and improve fuel efficiency, thereby driving emissions reductions and helping customers save money."

About Canadian National Railway Company

CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year. CN's network connects Canada's Eastern and Western coasts with the U.S. South through an 18,600-mile rail network; CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

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