Canadian National Orders 70 Locomotives

MONTREAL (AP) -- Canadian National Railway said Wednesday it has ordered 70 new locomotives. Terms were not disclosed.

The order was with GE Transportation, a unit of General Electric Co., and Electro-Motive Diesel Inc.

CN said it will acquire 35 ES44DC locomotives from GE starting in the fourth quarter of 2010, and 35 SD70M-2s from EMD beginning in January 2011.

The GE locomotives produce 4,400 horsepower and the EMDs 4,350 horsepower.

CN said it is looking to increase fuel efficiency, improving service reliability and reduce greenhouse-gas emissions.

Canadian National shares fell 37 cents to $52.08 in midday trading.

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