financetom
Business
financetom
/
Business
/
CN Rail Advancing Decarbonization Efforts with EMD Mainline Hybrid Locomotive From Progress Rail
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CN Rail Advancing Decarbonization Efforts with EMD Mainline Hybrid Locomotive From Progress Rail
Apr 5, 2024 5:04 AM

07:41 AM EDT, 04/05/2024 (MT Newswires) -- CN Rail (CNR.TO) -- which will issue first-quarter 2024 financial and operating results after market close on April 23, 2024 -- announced Friday that it has purchased its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans. The EMD will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the company's fleet. CN is collaborating on this initiative with the Province of British Columbia which awarded $3.2 million to it under the Clean BC Go Electric Commercial Vehicle Pilots Program.

The plug-in hybrid mainline locomotive, a first of its kind in North America, will be evaluated on CN's mainline in British Columbia, starting in Prince George and the northern part of the province, under varying operational and weather conditions. As different alternative propulsion solutions will require batteries - including hybrid, battery-electric, and hydrogen fuel cell locomotives - CN expects this initiative will contribute to further develop this key technology, while immediately reducing emissions.

According to a statement, CN is the most fuel-efficient railway in North America, using approximately 15% less locomotive fuel per gross ton mile than the industry average.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved