Canadian National Railway Company (CNI) Expands its Firefighting Capabilities

Canadian National Railway Company (NYSE:CNI) is one of the Best TSX Stocks to Buy According to Billionaires. On September 8, Canadian National Railway Company (NYSE:CNI) announced expanding its firefighting capabilities. The company introduced two new firefighting railcars named Oceanus and Amphitrite. Each railcar has the capacity to hold 25,000 gallons of water and is equipped with cannons, pumps, and hose support.

Management noted that each railcar can be quickly deployed and work either alone or with other trains. In addition, the company has also started a pilot program using smaller fire trailers, where each trailer carries 350 gallons of water and has a fixed water cannon to fight small wildfires near the rail tracks.

Moreover, Canadian National Railway Company (NYSE:CNI) has also upgraded its existing Neptune, Trident, and Poseidon firefighting trains, increasing their water capacity by more than double. Management noted that these upgrades improve the company’s ability to assist firefighters, especially near rail infrastructure and in hard-to-reach fire zones.

Canadian National Railway Company (NYSE:CNI) is a major transportation and logistics firm that offers rail, intermodal, trucking, and supply chain services across North America.

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Disclosure: None. This article is originally published at Insider Monkey.