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By mid-July, Canadian Pacific Railway plans to acquire 600 high-capacity centerbeam cars from The Greenbrier Cos., increasing its lumber-car fleet nearly 30 percent to 2,650.


As CPR receives the new cars, the Class I plans to rationalize 300 older lumber cars on short-term leases.


"With our expanded fleet, extensive transload network and scheduled operations, CPR will provide lumber shippers service levels that will help them capitalize on opportunities in their end markets while expanding
our own growth potential," said CPR President and Chief Executive Officer Rob Ritchie in a prepared statement.


The 286,000-pound-capacity, flat "riserless" cars feature impact-cushioning devices designed to reduce product damage.


Greenbrier expects to manufacture the 73-foot cars at its TrentonWorks facility in Trenton, Nova Scotia, and deliver cars at a rate of 45 per week.