Canpotex Limited acquired 1,300 custom railcars from National Steel Car (NSC) in Hamilton, Ontario, Canada. These new custom railcars from NSC will be added to Canpotex’s fleet of existing railcars, increasing the total fleet to 8,000 cars by June 2023. The railcars will be used to help transport potash to overseas customers by delivering potash from land-locked Saskatchewan to three…
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Halliburton, Baker Hughes Stockpiling Sand
Oilfield services providers Halliburton Co. and Baker Hughes Inc. are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul. That is good news for the nation’s frac sand producers.
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