Canadian National Railway (CNI +0.1%) plans to buy 161 new locomotives to handle the increase in...

|About: Canadian National Railway... (CNI)|By:, SA News Editor

Canadian National Railway (CNI +0.1%) plans to buy 161 new locomotives to handle the increase in rail traffic that it expects to see. The latest data from the AAR shows that combined North American railroad volume in 2012 is down 0.4% Y/Y, while traffic and container volume is up 4.3%.